Bismarck Housing Market & Real Estate Update (Feb. 27, 2026)
Bismarck, ND – February 27, 2026 – Home values and list prices held firm, with moderate inventory and steady days-to-pending across the area.
In Bismarck, ND, the latest market trackers continue to point to a steady-to-firm environment for both buyers and sellers. Pricing remains elevated, and many homes are still taking weeks (not days) to move from list to pending, keeping the market competitive for well-positioned listings.
Top takeaways
- Zillow: Typical home value is about $359K (+5.3% YoY), with roughly 212 homes for sale and a 47-day median time to pending (data through Jan. 31, 2026).
- Redfin: January 2026 median sale price is about $380K (+23% YoY), indicating closed-sale pricing ran higher than last year.
- Realtor.com: Shows a larger active-for-sale pool (611 listings) and a December sale-to-list ratio near 98%, suggesting negotiations are still common on many deals.
Market snapshot
Inventory and time-to-pending remain the key levers to watch. When new listings are limited, well-priced homes can still draw multiple showings and move without sitting for long. If inventory rebuilds into spring, buyers may see more price cuts and concessions, especially on homes that start above what the market will bear.
On the rental side, asking-rent indicators vary by source, but Zillow’s observed average rent is $1,349 (Jan. 2026).
What to watch next
- Whether new listings rise from late-winter levels.
- How quickly “days to pending” changes as spring activity ramps up.
What are you seeing locally right now—more price reductions, or more homes selling close to ask?