Bismarck, ND metro area Housing Market

Cold Market

Comprehensive housing market data for the Bismarck, ND metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$365K

17.7% YoY

Days on Market

61 days

1.7% YoY

Active Inventory

308

2.0% YoY

Homes Sold

54

49.5% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Bismarck, ND metro area Market Summary

The Bismarck, ND metro area housing market is cooling down. As of January 2026, the median home sale price is $365K, up 17.7% year-over-year. Homes are spending a median of 61 days on the market, 1.7% longer than a year ago.

There are 308 homes for sale — 2.0% more than last year. With 5.7 months of supply, this is a balanced market. 102 new listings were added during this period, up 2.0% year-over-year.

Homes are selling for 97.6% of their list price on average, suggesting room for negotiation. 11.1% of homes sell above their asking price. 15.3% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 5.7
Days on Market 61
Price Drops 15.3%
Sale-to-List Ratio 97.6%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 13.7%
Days on Market (National: 66) 7.6%
Inventory (National: 1,210,379) 100.0%

vs. North Dakota Median

Median Price (North Dakota: $300K) 21.6%
Days on Market (North Dakota: 67) 9.0%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price.

Bismarck, ND metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$345K

Price per Sq Ft

$159

Sale-to-List Ratio

97.6%

Months of Supply

5.7

Sold Above List

11.1%

Price Drops

15.3%

New Listings

102

2.0% YoY

Pending Sales

121

Off Market in 2 Weeks

31.4%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.