Bismarck, ND Home Values & Market Trends

Real estate market trends reflect that there have been 1,330 transactions over the past year in Bismarck. The median value for residential home transactions that occurred over the previous year is $328,335.9. The number of current listings in Bismarck is 34, and the percentage of properties for sale in the city is 34.00%. Bismarck, ND currently has 9 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 34 properties for sale.

Bismarck, ND Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
58503

$ 426,000

$ 190/sqft

58501

$ 209,900

$ 114/sqft

58504

$ 327,200

$ 140/sqft

58505

$ --

$ --

Housing Market Summary for Bismarck, ND

Apr 2023March 2024Change
Median Listing Price$239.9K$307.2K28.04%
Median Sold Price$305.1K$307.2K0.67%
Homes For Sale172652.94%
Homes Sold55762612.39%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Bismarck, ND

Bismarck home values range from $25,536 to $4,055,673. The median estimated value of a home in Bismarck is $328,335.9. The median list price of a home is 384,750, and the total count of properties in the city is 29,961.

Foreclosure
There are 4 zips within Bismarck, ND; within these zips, the median estimated home value for homes in foreclosure ranges from $474,063 in 58504 to the lowest value of $152,527 in 58504. Foreclosure homes account for 0.00% of properties in Bismarck, ND with 58504 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in Bismarck, ND with 58504 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Bismarck, ND; of those zips, the estimated home value for pre-foreclosure homes ranges from $239,366 in 58503 to the lowest home value of $152,527 in 58504.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Bismarck, ND ranges from the highest value of $171,850 in 58504 to the lowest value of $171,850 in 58501. Bank owned homes and properties account for 0.01% of properties in Bismarck, ND. There are 4 zips within Bismarck, ND; 58501 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    58503 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Bismarck, ND. Auction homes and other auction properties account for 0.01% of all properties in Bismarck, ND. There are 4 zips within Bismarck, ND; of those zips, the median estimated home value for homes going to auction ranges from $347,451 in 58503 to the lowest value of $215,719 in 58503.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in Bismarck, ND with 58503 containing 16 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Bismarck, ND; homes for sale in those zips, have a range of median values from $949,900 in 58503 to the lowest value of $40,602 in 58504.
    Sold Homes
    The median value for recently sold homes ranges from $1,246,978 in 58501 to the lowest price of $25,536 in 58501. There are 4 zips within Bismarck, ND. 58503 has 288 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.35% of properties in Bismarck, ND.

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      Guide for Bismarck, ND

      Market Reports
      Real Estate Market Report of Fargo, North Dakota – April 2024
      Home Buying Guides & Tips
      North Dakota Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
      See More Articles
      Real Estate Market Report of Fargo, North Dakota – April 2024
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      North Dakota Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      North Dakota Foreclosure Laws

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Recently Listed Homes Bismarck, ND

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