Is Bismarck, MO 63624 a buyer’s or seller’s market?
Bismarck is a seller’s market. With about 3.2 months of supply and 0% 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.
The Bismarck housing market right now
In the three months ending August 31, 2026, 0% of homes in Bismarck, MO 63624 sold above their list price, the typical home went under contract in 63 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (50 days then) and the median sale price rose 26% to $115,900. Overall, Bismarck is less competitive than a year ago, which gives buyers more room.
Within St. Francois County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Park Hills 63601 (29% sold over asking) and Bonne Terre 63628 (25% sold over asking) are even more competitive.
Run the numbers for 63624
Nearby markets
Bonne Terre 63628Seller’s market $144 /sq ftDoe Run 63637Buyer’s market $179 /sq ftFarmington 63640Seller’s market $154 /sq ftFrench Village 63036Seller’s market $186 /sq ft Browse all markets →Towns like Bismarck nearby
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Questions about Bismarck real estate
Is Bismarck a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Bismarck, MO 63624 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 63 days in the latest three months.
Do homes in Bismarck sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 90.8% of the list price.
What are property taxes in Bismarck?
About 0.70% of a home’s value a year in St. Francois County, or roughly $2,800 on a $400,000 home.
What is the median home price in Bismarck?
The median sale price was $115,900 in the three months ending August 31, 2026, about $68 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