Bismarck, North Dakota Real Estate Market Analysis

dynamic.RE

Bismarck, North Dakota

7 ZIPs in this city:58501 58502 58503 58504 58505 58506 58507

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-12.0%

Faster

Price vs US

110%

Above avg

Median Listing Price

$512K

Population

97,322

Households

40,008

Median Days on Market

Active Listings

214

New Listings

112

Housing Market

Pricing

Median Listing Price

$512K+4.5% YoY

Average Listing Price

$576K+6.9% YoY

Price per Sq Ft

$216.397+6.6% YoY

Median Sq Ft

2,329+0.8% YoY

Inventory

Active Listings

214-18.6% YoY

New Listings

112-13.8% YoY

Total Listings

376-17.9% YoY

Buyer Competition

Pending Listings

165-14.5% YoY

Pending Ratio

0.77+5.7% YoY

Median Days on Market

47+4.3% YoY

Price Reduced

12.5%-17.2% YoY

Units & Occupancy

2024 Occupancy

44Kunits

Occupied41,26994.3%
Vacant2,5105.7%

2024 Tenure

41Koccupied

Owner29,36671.2%
Renter11,90328.8%

Renter Share

28.8%+1.4% YoY

Total Housing Units

43,779+0.9% YoY

FY2026 Fair Market Rent — Burleigh County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$961

/month

1 BR

$1,030

/month

2 BR

$1,175

/month

3 BR

$1,634

/month

4 BR

$1,884

/month

FMR Trends — Burleigh County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

97,322+1.6% YoY

2024 Age Mix

97Kresidents

Under 1822,53223.2%
Adults 18–6457,43759.0%
65 & Over17,35317.8%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

38.54+1.8% YoY

Population Under 18

22,532+0.1% YoY

Population 65 & Over

17,353+5.0% YoY

Households & Mobility

Total Households

40,008+2.3% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.33-1.1% YoY

2024 Residential Mobility

of residents

Same house87.1%
Moved (within US)12.5%
Other0.3%

Veterans

6.6%-0.2% YoY

Income & Poverty

Median Household Income

$87K+0.7% YoY

Per-Capita Income

$46K+2.8% YoY

Mean Household Income

$110K+1.8% YoY

Below Poverty Level

7.9%-4.1% YoY

Commuting

2024 Commute Mode

of workers

Drove alone79.4%
Public transit0.1%
Worked from home8.7%
Other11.8%

Worked From Home

8.7%+10.3% YoY

Mean Commute

17.06+0.9% YoY

Units & Tenure

Total Housing Units

42,330+1.0% YoY

2024 Occupancy

42Kunits

Occupied40,00894.5%
Vacant2,3225.5%

2024 Tenure

40Khouseholds

Owner28,29670.7%
Renter11,71229.3%

Avg Household Size — Owner

2.53-0.4% YoY

Avg Household Size — Renter

1.85-2.3% YoY

County Demographics

Median Age

38.52024

Population

Burleigh County Population

103,107+1.6% YoY

Households

Total Households

41,269+2.2% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.34-0.8% YoY

Age

2024 Age Mix

101Kresidents

Under 1823,36423.2%
Adults 18–6459,20858.9%
65 & Over18,02817.9%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

23,364+0.5% YoY

Population 65 & Over

18,028+4.8% YoY

Median Age

38.50+1.3% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house87.3%
Moved (within US)12.4%
Other0.3%

Veterans

6.7%0.0% YoY

County Economy

Income

Median Household Income

$87K+2.2% YoY

Per-Capita Income

$46K+2.5% YoY

Mean Household Income

$110K+1.6% YoY

Poverty

Below Poverty Level

7.9%-3.7% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone79.2%
Public transit0.2%
Worked from home8.8%
Other11.8%

Worked From Home

8.8%+8.6% YoY

Mean Commute

17.500.0% YoY

Bismarck, North Dakota

7 ZIPs in this city:58501 58502 58503 58504 58505 58506 58507

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

-12.0%

Faster

Price vs US

110%

Above avg

Median Listing Price

$512K

Population

97,322

Households

40,008

Median Days on Market

Active Listings

214

New Listings

112

Housing Market

Pricing

Median Listing Price

$512K+4.5% YoY

Average Listing Price

$576K+6.9% YoY

Price per Sq Ft

$216.397+6.6% YoY

Median Sq Ft

2,329+0.8% YoY

Inventory

Active Listings

214-18.6% YoY

New Listings

112-13.8% YoY

Total Listings

376-17.9% YoY

Buyer Competition

Pending Listings

165-14.5% YoY

Pending Ratio

0.77+5.7% YoY

Median Days on Market

47+4.3% YoY

Price Reduced

12.5%-17.2% YoY

Units & Occupancy

2024 Occupancy

44Kunits

Occupied41,26994.3%
Vacant2,5105.7%

2024 Tenure

41Koccupied

Owner29,36671.2%
Renter11,90328.8%

Renter Share

28.8%+1.4% YoY

Total Housing Units

43,779+0.9% YoY

FY2026 Fair Market Rent — Burleigh County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$961

/month

1 BR

$1,030

/month

2 BR

$1,175

/month

3 BR

$1,634

/month

4 BR

$1,884

/month

FMR Trends — Burleigh County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

97,322+1.6% YoY

2024 Age Mix

97Kresidents

Under 1822,53223.2%
Adults 18–6457,43759.0%
65 & Over17,35317.8%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

38.54+1.8% YoY

Population Under 18

22,532+0.1% YoY

Population 65 & Over

17,353+5.0% YoY

Households & Mobility

Total Households

40,008+2.3% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.33-1.1% YoY

2024 Residential Mobility

of residents

Same house87.1%
Moved (within US)12.5%
Other0.3%

Veterans

6.6%-0.2% YoY

Income & Poverty

Median Household Income

$87K+0.7% YoY

Per-Capita Income

$46K+2.8% YoY

Mean Household Income

$110K+1.8% YoY

Below Poverty Level

7.9%-4.1% YoY

Commuting

2024 Commute Mode

of workers

Drove alone79.4%
Public transit0.1%
Worked from home8.7%
Other11.8%

Worked From Home

8.7%+10.3% YoY

Mean Commute

17.06+0.9% YoY

Units & Tenure

Total Housing Units

42,330+1.0% YoY

2024 Occupancy

42Kunits

Occupied40,00894.5%
Vacant2,3225.5%

2024 Tenure

40Khouseholds

Owner28,29670.7%
Renter11,71229.3%

Avg Household Size — Owner

2.53-0.4% YoY

Avg Household Size — Renter

1.85-2.3% YoY

County Demographics

Median Age

38.52024

Population

Burleigh County Population

103,107+1.6% YoY

Households

Total Households

41,269+2.2% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.34-0.8% YoY

Age

2024 Age Mix

101Kresidents

Under 1823,36423.2%
Adults 18–6459,20858.9%
65 & Over18,02817.9%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

23,364+0.5% YoY

Population 65 & Over

18,028+4.8% YoY

Median Age

38.50+1.3% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house87.3%
Moved (within US)12.4%
Other0.3%

Veterans

6.7%0.0% YoY

County Economy

Income

Median Household Income

$87K+2.2% YoY

Per-Capita Income

$46K+2.5% YoY

Mean Household Income

$110K+1.6% YoY

Poverty

Below Poverty Level

7.9%-3.7% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone79.2%
Public transit0.2%
Worked from home8.8%
Other11.8%

Worked From Home

8.8%+8.6% YoY

Mean Commute

17.500.0% YoY