41Alpha

Bismarck, ND metro area Housing Market Brief

metro · ND · score computed October 2026

Balanced

What is Bismarck, ND metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●55
Inventory Health25%
●38

Population band 4 of 5 (population 112,714–277,881) · comparable within its band

Affordability20%
●36
Economic Strength20%
-2.853
Rental Yield15%
●15

Where is Bismarck, ND metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Bismarck, ND metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Bismarck, ND metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Bismarck, ND metro area housing market data

MetricValueYoYSource
Median Sale Price$349K▼ -7.6%Redfin
Median Days on Market40 days▲ +8.1%Redfin
Months of Supply3.2▼ -3%Redfin
Homes for Sale424▼ -3.2%Redfin
Homes Sold134▲ +2.3%Redfin
Median Price / Sq Ft$176▲ +7.5%Redfin

How has Bismarck, ND metro area’s Alpha Score moved?

Now: 41
2-period trend
Median sale price · 12 mo

Markets like Bismarck, ND metro area

Frequently asked questions

Is Bismarck, ND metro area a buyer's or seller's market?

In the scores computed October 2026, Bismarck, ND metro area is classified as a Balanced Market, based on its Alpha Score of 41 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Bismarck, ND metro area?

The median sale price in Bismarck, ND metro area is $349K, having fallen 7.6% over the past year, according to Redfin.

How affordable is Bismarck, ND metro area?

Bismarck, ND metro area scores 36 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Bismarck, ND metro area's Alpha Score?

Bismarck, ND metro area's strongest dimension is Price Momentum (55/100) and its weakest is Rental Yield (15/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Bismarck, ND metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.