Market Overview
Home Prices in Bismarck, ND
The median home value in Bismarck, ND is $381,727 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bismarck are priced7% below average. Bismarck is part of the Bismarck, ND metro area.
Over the past five years, Bismarck home values have risen by approximately27.5%, reflecting strong long-term appreciation in this market.
Price History
Bismarck Home Price Trend
City Comparison
Bismarck vs. National Median
At $381,727, homes in Bismarck cost 7% below the national median of $410,000. This makes Bismarck a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bismarck?
20% Down Payment
$76,345
on $381,727
Monthly P&I
$1,991/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,529/mo
incl. taxes & insurance
Income Needed
$101,160
gross annual (30% rule)
10% Down Option
$38,173
+ PMI applies
Loan Amount (20% dn)
$305,382
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bismarck, ND?
The median home value in Bismarck is $381,727 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in Bismarck?
Over the past year, home values in Bismarck have increased by 5.5%. Over five years, prices have risen approximately 27.5%.
How much do I need to earn to buy a home in Bismarck?
To comfortably afford the median home price of $381,727 with a 20% down payment ($76,345) at today's rates (6.8%), you'd need a gross annual income of approximately $101,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Bismarck compare to the national average home price?
The national median home value is approximately $410,000. At $381,727, homes in Bismarck are 7% below the national average.
What metro area is Bismarck part of?
Bismarck is part of the Bismarck, ND metropolitan area. Home prices and market conditions can vary across the broader metro region.