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Bismarck housing market: home prices, trends and forecast

Bismarck home prices: in September 2026, the typical Bismarck, North Dakota home was worth $378,242, up +5.3% compared with a year earlier and at the highest monthly value on record, according to Zillow Home Value Index data.

Value of the typical home
$378,242
September 2026, Zillow ZHVI
Change over 12 months
+5.3%. Change since September 2025.
Change over 10 years
+42.4%. Measured against September 2016.
Multiple measured since 2009
×2.3. Starting from $167,532.
Days on the market
39
Bismarck, ND metro, from Realtor.com.

Bismarck home prices since 2000

Bismarck is the steel line, the United States the grey line. The typical Bismarck home reached 2.26 times its January 2009 value of $167,532, rising to $378,242. Over the same months, the US reached a multiplier of 1.99.

$150k$200k$250k$300k$350k$400k2010201520202025Jan 2009 · $167,532$378,242Sep 2026BismarckUnited States$150k$200k$250k$300k$350k$400k20102020Jan 2009 · $168k$378kSep 2026
Typical home, smoothed and seasonally adjusted, from the Zillow Home Value Index. Zillow Research data
January 2009 · $167,532

Bismarck median home price by year

Each year takes the average of its twelve monthly values, and 2026 covers the latest month.

YearBismarckChange on the yearUnited States
2009$167,105$177,542
2010$169,469+1.4%$171,462
2011$174,218+2.8%$162,508
2012$191,195+9.7%$161,137
2013$223,947+17.1%$171,420
2014$247,220+10.4%$182,996
2015$268,290+8.5%$192,738
2016$267,730−0.2%$204,509
2017$265,286−0.9%$216,767
2018$266,060+0.3%$230,541
2019$268,785+1.0%$242,088
2020$275,961+2.7%$257,151
2021$293,487+6.4%$295,959
2022$318,543+8.5%$340,014
2023$330,100+3.6%$348,160
2024$339,583+2.9%$359,751
2025$355,922+4.8%$362,959
September 2026$378,242+5.3%$366,157

What a home bought in Bismarck in any year is worth now

This is an index-based estimate for a typical home rather than an appraisal.

The figure for a year comes from averaging its twelve monthly index values, and the current value dates from September 2026. Other options: home appreciation calculator.

Are you thinking of selling? To compare local agents, use Realtor.com. Advertising disclosure: links like this one may pay the site; that never changes a number. Disclosure.

Bismarck housing market forecast

For the Bismarck, ND metro, Zillow's forecast calls for 4.0% growth over the 12 months beginning September 2026. Growth of 1.3% is forecast for the next three months. Bismarck's typical value of $378,242 would rise to around $393,400 after one year under that forecast.

Zillow's central estimate for the metro is the forecast, restated here; this site publishes none of its own. Such a 12-month forecast has typically landed several percentage points away from the change that came about, in both directions. This is not investment advice.

All metro forecasts together in one table: housing market forecast.

Bismarck housing market crash risk score

31 out of 100, moderate

Against 292 cities, Bismarck is ranked on five conditions that ran high before earlier price falls. Every input is scored from 0 to 100 by comparing it with the other cities, and the five scores are then averaged with equal weight. Conditions today are what it describes; a crash is not something it predicts.

InputValueSub-scoreWeight
Active listings vs 2019−50.8%420%
Days on the market vs 2019−44.3%120%
Price-to-rent ratio25.48620%
Price-to-income ratio5.15720%
12-month price change+5.3%520%

This is not investment advice. Scoring of the inputs: methodology. Ranked crash risk for every one of the 292 cities: crash risk by city.

Bismarck inventory and days on market

In September 2026 the Bismarck, ND metro listed 364 homes for sale. That was 3.8% fewer than one year earlier and 50.8% fewer than in the same month of 2019. The median time to sell a listing was 39 days, which was 44.3% below the 2019 figure. Price reductions applied to 17.4% of listings.

Bismarck, ND metro, September 2026ValueOn a year
Active listings364−3.8%
New listings162
Median days on market39−27.8%
Median list price$469,800+5.0%
Share with a price cut17.4%

Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.

Living and rent costs in Bismarck

The Zillow Observed Rent Index shows a typical asking rent of $1,242 each month in Bismarck, 3.0% higher than one year earlier. That rent level takes 25.4 years to match the cost of the typical home. The median household income figure of $73,877 (Census ACS 2024) puts the typical home at 5.1 times a year's income. Prices in the metro are 91.0 in BEA data, compared with a US average of 100, while housing costs are 84.0.

Other North Dakota housing markets

For the state as a whole: North Dakota housing market.

How to read this chart

Each point tracks the Zillow Home Value Index for Bismarck, covering a typical home in the market's middle third. The figures are smoothed, seasonally adjusted, and expressed in that month's dollars. A hollow dot shows the month picked on the slider, while the terracotta dot shows the latest month. These numbers are not adjusted for inflation, and the index tracks the typical home rather than one particular house: value a single home from its own sale price, using the home appreciation calculator or the card above it.