Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$356,127+5.2% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 15% have cut their price
Income needed to buy, per year$77,201About 0.9× the local median income ($89,197): affordable for a typical household
Days on market49 daysFaster than a year ago: sellers have the edge
Next 12 months+4.0%Zillow expects prices to rise slightly
The typical home in Bismarck, ND is worth $356,127, up 5.2% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $342,994, so the area is 3.8% overvalued. It is a seller's market: homes take about 49 days to sell, listings are down 0% from a year ago, 15% of listings have had a price cut. Zillow expects prices to rise about 4.0% over the next year. A household needs about $77,201 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $89,197. Typical rent is $1,303 a month, or $1,894 for a house. In the latest IRS figures, 47 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$356,127
Change in 1 year
+5.2%
Overvalued %
+3.8%
Show 7 more
Fair home value
$342,994
Change in 5 years
+25.3%
Zillow forecast, next 12 months
+4.0%
Home value to income
4.0×
Monthly mortgage payment (20% down)
$1,930
Income needed to afford it
$77,201
Property tax rate
0.91%
Rent and investing
Typical rent
$1,303
Typical rent for houses
$1,894
Price-to-rent ratio
22.8×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,067
Gross rental yield
4.39%
Cap rate (estimate)
2.85%
Market activity
Listings vs a year ago
−0.3%
Days on market
49
Listings with a price cut
15.3%
Show 3 more
Homes for sale
369
Pending sales per 100 listings
49
Asking price per sq ft
$206
People and jobs
Median household income
$89,197
Population change (1 year)
+0.8%
Unemployment rate
2.1%
Show 4 more
Population
139,750
Income adjusted for cost of living
$98,019
Net moves in (IRS)
+47
Cost of living (US = 100)
91.0
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
75.2
Unhealthy air days a year
12
Show 4 more
Flood risk score
67.3
Wildfire risk score
81.0
Walkability (1 to 20)
7.8
Road, rail and air noise
52 dB
Questions people ask
Is Bismarck, ND overvalued?
Home prices in Bismarck, ND are slightly above what local incomes have historically supported: fair value is about $342,994, so the area is 3.8% overvalued.
Is Bismarck, ND a buyer's or seller's market?
Bismarck, ND is a seller's market: homes take about 49 days to sell, listings are down 0% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Bismarck, ND?
Home values in Bismarck, ND are up 5.2% over the last year. Zillow's forecast for the next 12 months is +4.0%.
How much do you need to earn to buy a home in Bismarck, ND?
A household needs about $77,201 a year to afford the typical home in Bismarck, ND at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $89,197.