Bismarck, ND housing market
The typical Bismarck home is worth about $378,000, up 5.4% in a year, 29% above the North Dakota typical home. Homes typically sell in 17 days, below asking.
Home values, sales, trends and how Bismarck compares with the towns next door — updated as new data is published.
Bismarck at a glance
A seller's market
Supply is tight — about 2.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Bismarck | North Dakota |
|---|---|---|
| 2017 | $265,000 | $227,000 |
| 2018 | $267,000 | $224,000 |
| 2019 | $265,000 | $220,000 |
| 2020 | $274,000 | $229,000 |
| 2021 | $283,000 | $236,000 |
| 2022 | $309,000 | $251,000 |
| 2023 | $325,000 | $263,000 |
| 2024 | $335,000 | $259,000 |
| 2025 | $350,000 | $273,000 |
| 2026 | $369,000 | $287,000 |
| August 2026 | $378,000 | $292,000 |
260 new homes permitted in 2025
Builders were permitted 260 new homes in Bismarck in 2025: 218 single-family houses and 42 in buildings with two or more homes, worth about $85.8 million to build. That's 3.4 per 1,000 residents, about the pace of North Dakota as a whole. Over the past 10 years, Bismarck has permitted 3,610 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Bismarck gained 12,350 residents while 6,651 new homes were permitted: about 1.9 new residents per new home. Building and growth moved roughly in step. Across North Dakota: 1.7 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 181 | 126 | 55 | $58.9 million |
| 2025 | 260 | 218 | 42 | $85.8 million |
| 2024 | 236 | 185 | 51 | $83.7 million |
| 2023 | 179 | 111 | 68 | $57.1 million |
| 2022 | 448 | 234 | 214 | $95.8 million |
| 2021 | 542 | 243 | 299 | $124.9 million |
| 2020 | 467 | 238 | 229 | $93.4 million |
| 2019 | 344 | 218 | 126 | $67.7 million |
| 2018 | 292 | 196 | 96 | $55.6 million |
| 2017 | 375 | 315 | 60 | $68.7 million |
| 2016 | 467 | 365 | 102 | $79.8 million |
| 2015 | 664 | 371 | 293 | $94 million |
| 2014 | 1,134 | 574 | 560 | $152.4 million |
| 2013 | 1,235 | 747 | 488 | $169.7 million |
| 2012 | 1,227 | 675 | 552 | $184 million |
| 2011 | 511 | 442 | 69 | $81.3 million |
| 2010 | 402 | 343 | 59 | $63.2 million |
| 2009 | 296 | 214 | 82 | $43.6 million |
| 2008 | 502 | 259 | 243 | $61.4 million |
| 2007 | 456 | 270 | 186 | $61.5 million |
| 2006 | 409 | 271 | 138 | $61.5 million |
| 2005 | 285 | 230 | 55 | $45.5 million |
| 2004 | 408 | 282 | 126 | $56.6 million |
| 2003 | 478 | 263 | 215 | $61.5 million |
| 2002 | 385 | 212 | 173 | $44 million |
| 2001 | 448 | 179 | 269 | $43.4 million |
| 2000 | 231 | 123 | 108 | $29 million |
How Bismarck ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Bismarck and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Bismarck | $378K | +5.4% | $1,190 | 260 | $78,387 |
| Hay Creek | — | +1.4%† | $1,310 | — | $160,553 |
| Gibbs | — | +3.4%† | $1,260 | — | $155,688 |
| Apple Creek | — | +3.5%† | $1,140 | — | $156,615 |
| Captain's Landing | — | +4.8%† | $1,190 | — | — |
† FHFA price index change, where Zillow has no home value for the town.
4.8 years of income
The typical Bismarck home costs about 4.8 years of the town's median household income, more than across North Dakota (3.8 years).
How Bismarck ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,190
HUD's Fair Market Rent for a two-bedroom in Bismarck is $1,190 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Bismarck pay a median of $999, so moving in tends to cost more than staying put. A two-bedroom takes about 18% of the town's median household income.
Studio $970 · 4 bedrooms $1,920
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (58501, 58503, 58504; Bismarck, ND MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Bismarck
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. 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.