Erik Peterson

Bismarck, ND 58501

Single-Family Homes

PROVEN REALTY Brokered by eXp REALTY 701-369-3949


Bismarck, ND 58501

Tue Jun 16 2026
This week the median list price for Bismarck, ND 58501 is $347,450 with the market action index hovering around 59. This is an increase over last month's market action index of 51. Inventory has increased to 26. Click here to stay informed with the Bismarck market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Bismarck, ND 58501

Tue Jun 16 2026
This week the median list price for Bismarck, ND 58501 is $347,450 with the market action index hovering around 59. This is an increase over last month's market action index of 51. Inventory has increased to 26. Click here to stay informed with the Bismarck market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Bismarck market.
Median List Price $347,450
Median Price of New Listings $285,000
Per Square Foot $158
Average Days on Market 68
Median Days on Market 32
Price Decreased 42%
Price Increased 0%
Relisted 15%
Inventory 26
Median Rent
Market Action 59
Strong Seller's Market

Despite this week’s down tic, the price trend in this zip code remains upward for several weeks. We’re within sight of the market peak, and we’ll assume this week’s change is just randomness unless we see a persistent downward push of the Market Action Index into the Buyer’s zone.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$429,000 2,572 0.25 - 0.5 acre 4 3 26 0 2 49
$374,900 2,825 8,000 - 10,000 sqft 4 3 55 1 2 14
$295,000 2,176 8,000 - 10,000 sqft 4 2 67 4 3 0
$229,900 1,501 4,500 - 6,500 sqft 3 2 96 2 2 108