Bishops Falls, Newfoundland and Labrador
As of September 26, 2026, the median asking price in Bishops Falls is $254,900, across 12 active MLS® listings.
Those listings have been on the market an average of 301 days.
1 new listing came to market in Bishops Falls in the last 30 days.
Asking prices work out to about $132 per square foot, based on the 9 listings that report floor area.
Detached homes in Bishops Falls are listed at an average of $372,438 across 8 active listings.
Bishops Falls is a small, riverfront community on Newfoundland’s Exploits River with a quiet, close-knit, small-town character. The neighbourhood is primarily low-density and residential, with a mix of older detached homes, modest bungalows, and some small multi-unit rentals, often on larger lots than you’d find in urban centres. Demographics skew toward families and older residents, and demand is driven more by local employment and lifestyle (outdoor recreation, river access, community events) than by in-migration. Day-to-day amenities are limited within the neighbourhood itself, but essential services and retail are available in town and in nearby larger hubs in Central Newfoundland; buyers and renters typically value affordability and space over walkability.
Schools and community facilities serve local families, and most errands require a car; public transit is minimal to non-existent, so vehicle dependence is the norm. Real estate trends tend to be steadier and more price-sensitive than in major Canadian markets: transaction volumes are lower, time-on-market can be longer, and prices can move in bursts when supply tightens. For investors, the area’s appeal is generally higher cash-flow potential (low entry prices relative to rents) but with higher liquidity risk, more variability in tenant demand, and limited upside from rapid appreciation.
Bishops Falls currently has 12 active for-sale listings with a median asking price of $254,900 and an average of $132 per sq ft, reflecting a market where offerings can range from smaller, older homes to larger, newer builds across different parts of the city. With listings averaging 300 days on market and only 1 new listing in the past 30 days, inventory appears slow-moving, giving buyers and investors more room to negotiate while highlighting the importance of pricing and property condition in how quickly homes attract interest.
AI-written commentary on the active MLS® listing snapshot as of September 25, 2026. Not financial advice.
Walk Score 12 · Bike Score 6
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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