Is Bismarck, ND 58501 a buyer’s or seller’s market?

The Bismarck housing market right now

In the three months ending August 31, 2026, 13% of homes in Bismarck, ND 58501 sold above their list price, the typical home went under contract in 30 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 127 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold more slowly (18 days then) and the median sale price rose 8% to $309,866. Overall, Bismarck is less competitive than a year ago, which gives buyers more room.

Within Burleigh County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Bismarck ranks #8 of 20 ND ZIP codes with enough sales (score 59 out of 100).

Nearby, buyers who want less competition could look at Wilton 58579 (0% sold over asking) or Baldwin 58521 (0% sold over asking), while Bismarck 58504 (20% sold over asking) is even more competitive.