Is Bismarck, ND 58504 a buyer’s or seller’s market?
Bismarck is a seller’s market. With about 2.6 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 65% of U.S. ZIP codes, and #6 of 20 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Bismarck housing market right now
In the three months ending August 31, 2026, 20% of homes in Bismarck, ND 58504 sold above their list price, the typical home went under contract in 29 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 97 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold faster (33 days then) and the median sale price rose 7% to $378,286. Overall, Bismarck is about as competitive as it was a year ago.
Within Burleigh County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Bismarck ranks #6 of 20 ND ZIP codes with enough sales (score 62 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).
Run the numbers for 58504
Nearby markets
Baldwin 58521 $352 /sq ftBismarck 58501Seller’s market $161 /sq ftBismarck 58503Seller’s market $196 /sq ftDriscoll 58532 — /sq ft Browse all markets →Towns like Bismarck nearby
Find towns like Bismarck in other states →Where Bismarck is
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Questions about Bismarck real estate
Is Bismarck a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Bismarck, ND 58504 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bismarck?
The typical home went under contract in 29 days in the latest three months.
Do homes in Bismarck sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.
What are property taxes in Bismarck?
About 0.88% of a home’s value a year in Burleigh County, or roughly $3,520 on a $400,000 home.
What is the median home price in Bismarck?
The median sale price was $378,286 in the three months ending August 31, 2026, about $180 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology