Metropolitan market · North Dakota · June 2026 data

Bismarck Real Estate Market

As of June 2026, the median home listed in Bismarck, ND asks $440,500 — down 4.8% year over year. Homes sell in a median of 43 days, with 297 active listings and 14% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.

Median listing price
$440,500
▼ 4.8% YoY
Median $ / sq ft
$203
2,169 sq ft median
Median days on market
43
June 2026
Active listings
297
For sale now
New listings
184
June 2026
Listings with price cuts
14%
Share of active
Median sale price (closed)
$364,900
▲ 4.9% YoY · closed sales
Sale-to-list ratio
97.4%
Closed sales
Homes sold / month
135
Closed sales

Bismarck housing market statistics

The table summarizes Bismarck's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Bismarck, ND housing market at a glance — June 2026
MetricLatestDetail
Median listing price$440,500-4.8% YoY
Median price per sq ft$2032,169 sq ft median
Median days on market43-1% YoY
Active listings297-15% YoY
New listings this month184June 2026
Listings with a price cut14%Share of active
Median sale price (closed)$364,900+4.9% YoY
Sale-to-list ratio97.4%Closed sales
Gross rental yield3.2%2BR fair market rent

How have home prices changed in Bismarck?

Bismarck home prices are down 4.8% year over year and +0.1% month over month as of June 2026, at a $440,500 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$466K$456K$446K$436K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Bismarck ND · trailing 8 quarters · source: public records and industry data.

The 10-year view
$470K$420K$369K$319K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Bismarck ND · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Bismarck?

Bismarck has 297 active listings, 184 new this month, 248 pending as of June 2026. About 14% of active listings have cut their price, and inventory sits at 39% of its 2019 level — a seller-leaning market by pace.

Active listings
297
New this month
184
Pending
248
Price-reduced
41

Is Bismarck a good real estate investment?

Bismarck scores 64/100 on WealthyBud's composite Investor Score, ranking #186 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
64/100
#186 of 932 covered metros
12-month outlook
+4.6%
▲ Rising · model output, not advice
Price volatility
Low
σ 3.8% · 20-yr price-index swings
Momentum
60
Value
73
Rental yield
27
Supply risk
5
Market heat
69

Bismarck scores 64/100 on our composite Investor Score (#186 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 36% over five years and +48% over ten, leaving prices 6% below its own 2000–2019 trend; at the published FY2026 fair market rent of $1,175/mo for a two-bedroom, the gross rental yield on the median listing is about 3.2%; active inventory sits at 39% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 4.8% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Bismarck ranks on the trending markets index.

How much is a monthly mortgage payment in Bismarck?

A home at Bismarck's $440,500 median listing runs about $2,211 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$1,985/mo
−$226/mo vs today
At today's rate · 6.43%
$2,211/mo
National weekly average
If rates rise 1% · 7.43%
$2,447/mo
+$236/mo vs today

Principal & interest on the $440,500 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Bismarck housing market?

Longer-run demand in Bismarck shows up in 414 homes permitted in 2025; net migration of +47 residents; +0.1% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
414
▲ 16.9% vs 2024
3.1 per 1,000 residents
Net migration (2022–2023)
+47
▲ people, via tax-return records
net income flow −$7.18M/yr
Job growth (YoY)
+0.1%
▲ 74.0k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Bismarck housing market FAQ

What is the median home price in Bismarck?
As of June 2026, the median listing price in Bismarck, ND is $440,500, down 4.8% year over year (source: public records and industry data). Figures cover the Bismarck, ND metro area.
How much does it cost to buy a home in Bismarck?
The median home listed in Bismarck asks $440,500 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $2,211 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Bismarck?
The median property in Bismarck spends 43 days on the market, with 297 homes actively listed and 14% of them carrying a price cut — a seller-leaning market by pace as of June 2026.
Is it a buyer's or seller's market in Bismarck?
With a median 43 days on market and 14% of active listings carrying a price cut, Bismarck reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Bismarck a good place to invest in real estate?
Bismarck scores 64/100 on WealthyBud's Investor Score, ranking #186 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Bismarck?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Bismarck and the wider North Dakota market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Bismarck, ND metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More North Dakota housing markets

Andre Fontaine Mortgage Market Analyst

Andre Fontaine is a mortgage market analyst who covers rate trends, loan products and lending standards using public Federal Reserve and HMDA data. He focuses on how financing conditions affect buyer affordability across income levels.