A typical Bismarck home is worth about $180,000
Up 5.2% in a year, 40% below the Illinois typical home.
What kind of housing town is Bismarck?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.3 years of income
Less than across Illinois (3.6 years). Try your own numbers below.
That covers a typical Bismarck home, with $97K to spare.
A two-bedroom rents for about $1,060 a month here, $150 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Bismarck’s typical property tax (1.79% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Up 23% in five years
Slower than Illinois (29.1%).
Show as a table
| January | Bismarck | Illinois |
|---|---|---|
| 2017 | $132,000 | $181,000 |
| 2018 | $133,000 | $190,000 |
| 2019 | $133,000 | $195,000 |
| 2020 | $134,000 | $200,000 |
| 2021 | $143,000 | $215,000 |
| 2022 | $150,000 | $236,000 |
| 2023 | $155,000 | $248,000 |
| 2024 | $163,000 | $263,000 |
| 2025 | $170,000 | $278,000 |
| 2026 | $179,000 | $290,000 |
| August 2026 | $180,000 | $298,000 |
A typical Bismarck home worth $132K in September 2016 is worth about $180K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $1,060
Renters already here pay a median of $856, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Vermilion County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Bismarck in 2025. The last year with any was 2024 (3 new homes).
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 3 | 3 | 0 | $1.5 million |
| 2023 | 3 | 3 | 0 | $910,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 1 | 1 | 0 | $245,000 |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 2 | 2 | 0 | $452,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $161,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 4 | 4 | 0 | $596,000 |
| 2005 | 2 | 2 | 0 | $276,000 |
| 2004 | 5 | 5 | 0 | $648,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
82% of Bismarck households own their home
Half of Bismarck’s homes were built before 1971.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
On the market in Bismarck
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Bismarck buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.