BISMARCK Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Bismarck averaged 6.49% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.6% and one month ago for the week of 2024-10-10, the average rate was 5.73%.

    Bismarck's average rate one year ago was 7.31%.

    For refis of the same type during the week of 2024-11-14, the average rate was 6.78%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Bismarck 30 Year Fixed Rate 2024-11-14 6.49%
    Bismarck 30 Year Fixed Rate Refi 2024-11-14 6.78%
    Bismarck 15 Year Fixed Rate 2024-11-14 5.79%
    Bismarck 15 Year Fixed Rate Refi 2024-11-14 6.19%
    Bismarck 30 Year FHA 2024-11-14 -0.38%
    Bismarck 30 Year FHA Refi 2024-11-14 0.2%
    Bismarck 30 Year USDA 2024-11-14 0.1%
    Bismarck 30 Year USDA Refi 2024-11-14 -0.1%
    Bismarck 30 Year VA 2024-11-14 -0.15%
    Bismarck 30 Year VA Refi 2024-11-14 -0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BISMARCK, ND.

    BISMARCK Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the BISMARCK, ND market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Gate City Bank 187 6.07% $5,754
    Dakota Community Bank & Trust 68 6.40% $5,571
    UNITED WHOLESALE MORTGAGE, LLC 55 7.12% $3,415
    American Bank Center 53 6.45% $5,104
    CAPITAL CREDIT UNION 52 6.42% $5,031
    First International Bank & Trust 50 6.70% $6,335
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 39 6.61% $4,053
    Starion Bank 37 5.61% $6,350
    First Western Bank & Trust 31 6.24% $5,674
    Choice Financial Group 28 6.23% $6,372
    QUICKEN LOANS, LLC 24 6.78% $6,298
    FIRST COMMUNITY CREDIT UNION 22 6.16% $7,115
    Flagstar Bank, FSB 19 6.55% $8,471
    U.S. Bank 16 6.85% $3,152
    Bank of England 11 7.18% $5,596
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 6.44% $5,664
    SeaTrust Mortgage Company 10 6.70% $6,040
    Wells Fargo Bank 9 6.04% $5,597
    BNC National Bank 7 6.18% $7,319
    JPMorgan Chase Bank 7 6.41% $2,556
    NEWREZ LLC 6 6.64% $3,089
    GUARANTEED RATE, INC. 6 6.94% $6,140
    Citizens Bank 6 6.23% $5,549
    The Huntington National Bank 5 7.57% $3,674
    Bremer Bank 5 6.30% $7,928
    First Federal Bank 4 6.76% $5,441
    Plains Commerce Bank 3 7.29% $8,441
    LOANDEPOT.COM, LLC 3 6.75% $6,982
    Unify Home Lending Inc. 3 7.04% $2,099
    AMERISAVE MORTGAGE CORPORATION 2 7.88% $9,848
    Dacotah Bank 2 5.88% $5,622
    BMO Harris Bank 2 6.75% $4,069
    Bell Bank 2 5.38% $9,752
    GUILD MORTGAGE COMPANY 2 6.00% $8,860
    Mr. Cooper ( Nationstar Mortgage ) 2 6.75% $8,201
    NBKC BANK 2 6.38% $3,046
    PENNYMAC LOAN SERVICES, LLC 2 5.75% $10,529
    Mortgage Research Center, LLC 1 6.63% $3,949
    CMG MORTGAGE, INC. 1 5.88% $6,847
    WESTERN COOPERATIVE CREDIT UNION 1 6.50% $2,917
    Fortress Bank 1 5.63% $5,187
    NEXERA HOLDING LLC 1 8.88% $12,344
    Opportunity Bank of Montana 1 6.00% $6,094
    Citibank 1 5.88% $2,507
    Flanagan State Bank 1 6.25% $14,991
    PLAZA HOME MORTGAGE, INC. 1 7.63% $1,730
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.99% $5,749
    Bank Forward 1 6.88% $5,804
    BAY EQUITY LLC 1 6.63% $7,617
    CHURCHILL MORTGAGE CORPORATION 1 6.50% $5,344
    BETTER MORTGAGE CORPORATION 1 6.00% $3,448
    TOTAL MORTGAGE SERVICES, LLC 1 5.99% $6,835
    TOWN AND COUNTRY Credit Union 1 6.13% $2,572
    West Gate Bank 1 7.25% $6,008
    American Mortgage & Equity Consultants, Inc. 1 6.38% $8,782
    USAA Federal Savings Bank 1 5.88% $4,569
    Ally Bank 1 5.63% $13,654
    HOMESIDE FINANCIAL, LLC 1 7.50% $24,360
    Alerus Financial 1 6.50% $7,518
    Merchants Bank 1 6.53% $3,959

    BISMARCK Average Closing Costs & Other Stats

    BISMARCK, ND's 60 lenders originated 2,429 loans during 2023. The total origination value was $650,595,000, with an average loan value of $267,845.

    BISMARCK's average closing costs are $5,371.

    The top BISMARCK lender as defined by loan originations is Gate City Bank, with 187 loans originated. Their average total fees are $5,754, which is $183 higher than the next largest lender, Dakota Community Bank & Trust.

    The lowest fee BISMARCK lenders (with over 10 loans originated) are U.S. Bank ($3,152), UNITED WHOLESALE MORTGAGE, LLC ($3,415), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($4,053), CAPITAL CREDIT UNION ($5,031) and American Bank Center ($5,104).

    The lowest rate BISMARCK lenders (with over 10 loans originated) are Starion Bank (5.61%), Gate City Bank (6.07%), FIRST COMMUNITY CREDIT UNION (6.16%), Choice Financial Group (6.23%) and First Western Bank & Trust (6.24%).

    BISMARCK, ND Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    Gate City Bank $151,715,000 $100,700,000 -33.6% 15.5%
    CAPITAL CREDIT UNION $75,960,000 $55,015,000 -27.6% 8.5%
    Security First Bank of North Dakota $7,820,000 $51,990,000 564.8% 8.0%
    First International Bank & Trust $63,400,000 $36,530,000 -42.4% 5.6%
    BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $59,450,000 $35,905,000 -39.6% 5.5%
    Dakota Community Bank & Trust $42,660,000 $35,250,000 -17.4% 5.4%
    Starion Bank $29,410,000 $23,670,000 -19.5% 3.6%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $19,965,000 $23,360,000 17.0% 3.6%
    Choice Financial Group $26,320,000 $21,695,000 -17.6% 3.3%
    UNITED WHOLESALE MORTGAGE, LLC $22,735,000 $21,630,000 -4.9% 3.3%
    FIRST COMMUNITY CREDIT UNION $12,250,000 $18,665,000 52.4% 2.9%
    First Western Bank & Trust $40,550,000 $16,460,000 -59.4% 2.5%
    American Bank Center $36,365,000 $16,445,000 -54.8% 2.5%
    Kirkwood Bank & Trust Co. $23,370,000 $15,885,000 -32.0% 2.4%
    GUARANTEED RATE, INC. $24,265,000 $13,545,000 -44.2% 2.1%
    Dacotah Bank $880,000 $13,400,000 1,422.7% 2.1%
    BNC National Bank $24,160,000 $11,280,000 -53.3% 1.7%
    QUICKEN LOANS, LLC $25,815,000 $10,270,000 -60.2% 1.6%
    U.S. Bank $13,505,000 $9,995,000 -26.0% 1.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $9,475,000 $9,820,000 3.6% 1.5%
    Flagstar Bank, FSB $12,710,000 $8,625,000 -32.1% 1.3%
    RAILWAY CREDIT UNION $6,410,000 $7,235,000 12.9% 1.1%
    Old National Bank $6,125,000 n/a 0.9%
    VUE COMMUNITY CREDIT UNION $8,830,000 $5,035,000 -43.0% 0.8%
    Bank of England $7,530,000 $4,940,000 -34.4% 0.8%
    Mortgage Research Center, LLC $5,615,000 $4,925,000 -12.3% 0.8%
    SeaTrust Mortgage Company $4,295,000 n/a 0.7%
    Wells Fargo Bank $9,180,000 $3,605,000 -60.7% 0.6%
    NEWREZ LLC $3,360,000 $3,365,000 0.1% 0.5%
    Citizens Bank $7,130,000 $3,190,000 -55.3% 0.5%
    JPMorgan Chase Bank $2,765,000 $2,990,000 8.1% 0.5%
    Bremer Bank $9,585,000 $2,855,000 -70.2% 0.4%
    Cornerstone Bank $3,390,000 $2,850,000 -15.9% 0.4%
    Plains Commerce Bank $11,615,000 $2,770,000 -76.2% 0.4%
    The Huntington National Bank $5,280,000 $2,345,000 -55.6% 0.4%
    Bell Bank $1,655,000 $1,940,000 17.2% 0.3%
    PENNYMAC LOAN SERVICES, LLC $7,235,000 $1,760,000 -75.7% 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $940,000 $1,515,000 61.2% 0.2%
    LOANDEPOT.COM, LLC $4,810,000 $1,460,000 -69.6% 0.2%
    USAA Federal Savings Bank $2,210,000 $1,270,000 -42.5% 0.2%
    NBKC BANK $1,185,000 n/a 0.2%
    First Federal Bank $1,135,000 n/a 0.2%
    TOWN AND COUNTRY Credit Union $1,970,000 $1,085,000 -44.9% 0.2%
    MID AMERICA MORTGAGE, INC. $670,000 $1,080,000 61.2% 0.2%
    AMERISAVE MORTGAGE CORPORATION $2,105,000 $985,000 -53.2% 0.2%
    BMO Harris Bank $920,000 n/a 0.1%
    American Federal Bank $905,000 n/a 0.1%
    GUILD MORTGAGE COMPANY $1,960,000 $875,000 -55.4% 0.1%
    FREEDOM MORTGAGE CORPORATION $4,620,000 $840,000 -81.8% 0.1%
    DIGITAL Federal Credit Union $775,000 n/a 0.1%
    CMG MORTGAGE, INC. $760,000 n/a 0.1%
    Hometown Credit Union $275,000 $755,000 174.5% 0.1%
    PREMIER MORTGAGE RESOURCES, L.L.C. $175,000 $730,000 317.1% 0.1%
    NAVY FEDERAL CREDIT UNION $3,385,000 $685,000 -79.8% 0.1%
    PENTAGON FEDERAL CREDIT UNION $625,000 $685,000 9.6% 0.1%
    PLAZA HOME MORTGAGE, INC. $680,000 n/a 0.1%
    Unify Home Lending Inc. $1,340,000 $645,000 -51.9% 0.1%
    HOMESIDE FINANCIAL, LLC $490,000 $615,000 25.5% 0.1%
    CROSSCOUNTRY MORTGAGE, LLC $1,190,000 $585,000 -50.8% 0.1%
    Figure Lending LLC $55,000 $570,000 936.4% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $560,000 n/a 0.1%
    TOWNE MORTGAGE COMPANY $540,000 n/a 0.1%
    First Bank & Trust $515,000 n/a 0.1%
    Discover Bank $570,000 $505,000 -11.4% 0.1%
    GUARANTEED RATE AFFINITY, LLC $505,000 n/a 0.1%
    Truist $1,845,000 $505,000 -72.6% 0.1%
    21ST MORTGAGE CORPORATION $1,205,000 $450,000 -62.7% 0.1%
    Armed Forces Bank $445,000 n/a 0.1%
    Flanagan State Bank $445,000 n/a 0.1%
    AMCAP MORTGAGE, LTD. $665,000 $435,000 -34.6% 0.1%
    BAY EQUITY LLC $185,000 $430,000 132.4% 0.1%
    American Mortgage & Equity Consultants, Inc. $345,000 $425,000 23.2% 0.1%
    BETTER MORTGAGE CORPORATION $2,105,000 $415,000 -80.3% 0.1%
    Merchants Bank $515,000 $405,000 -21.4% 0.1%
    Barrington Bank & Trust Company, N.A. $255,000 $400,000 56.9% 0.1%
    Alerus Financial $650,000 $385,000 -40.8% 0.1%
    ZILLOW HOME LOANS, LLC $540,000 $385,000 -28.7% 0.1%
    FINANCE OF AMERICA REVERSE LLC $365,000 n/a 0.1%
    Home State Bank $365,000 n/a 0.1%
    Ally Bank $305,000 n/a 0.0%
    Bank Forward $145,000 $305,000 110.3% 0.0%
    VILLAGE CAPITAL MORTGAGE $305,000 n/a 0.0%
    Carrington Mortgage Services, LLC $295,000 n/a 0.0%
    Opportunity Bank of Montana $285,000 n/a 0.0%
    WESTERN COOPERATIVE CREDIT UNION $575,000 $285,000 -50.4% 0.0%
    West Gate Bank $275,000 n/a 0.0%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $265,000 n/a 0.0%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,070,000 $265,000 -75.2% 0.0%
    BROKER SOLUTIONS, INC. $1,360,000 $255,000 -81.3% 0.0%
    Citibank $235,000 n/a 0.0%
    NEXERA HOLDING LLC $225,000 n/a 0.0%
    Fortress Bank $205,000 n/a 0.0%
    CHURCHILL MORTGAGE CORPORATION $195,000 n/a 0.0%
    CRESCENT MORTGAGE COMPANY $185,000 $185,000 0.0% 0.0%
    TOTAL MORTGAGE SERVICES, LLC $185,000 n/a 0.0%
    Unison Bank $175,000 n/a 0.0%
    VALLEY MORTGAGE, INC. $680,000 $165,000 -75.7% 0.0%
    Bank of America $495,000 $160,000 -67.7% 0.0%
    Equity Prime Mortgage LLC $235,000 $145,000 -38.3% 0.0%
    Coastal Community Bank $140,000 n/a 0.0%
    BANKWEST, INC. $55,000 $120,000 118.2% 0.0%
    PNC Bank $390,000 $110,000 -71.8% 0.0%
    TRIAD FINANCIAL SERVICES, INC. $100,000 n/a 0.0%
    Connexus Credit Union $95,000 n/a 0.0%
    OPEN MORTGAGE, LLC $65,000 n/a 0.0%

    BISMARCK's top lender by overall market share is Gate City Bank, with 15.5% market share. In second place, with 8.5%, is CAPITAL CREDIT UNION, having originated $55,015,000 in loans. In third place, with 8.0%, is Security First Bank of North Dakota, having originated $51,990,000 in loans. In fourth place, with 5.6%, is First International Bank & Trust, having originated $36,530,000 in loans. In fifth place, with 5.5%, is BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC, having originated $35,905,000 in loans.

    BISMARCK Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - BISMARCK (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $259,900 (1.0%) $297,309 (-3.9%) 0.96 577
    2018-02-01 $255,400 (0.4%) $292,242 (-4.5%) 0.93 582
    2018-03-01 $264,000 (1.6%) $302,553 (-2.6%) 0.93 606
    2018-04-01 $269,900 (0.0%) $313,844 (-1.5%) 0.92 625
    2018-05-01 $269,900 (0.9%) $315,735 (-1.0%) 0.90 701
    2018-06-01 $274,900 (2.4%) $330,098 (2.5%) 0.92 741
    2018-07-01 $268,400 (1.7%) $331,715 (5.2%) 0.90 753
    2018-08-01 $269,175 (2.6%) $332,094 (4.6%) 0.90 779
    2018-09-01 $272,900 (3.0%) $329,724 (3.8%) 0.92 815
    2018-10-01 $269,675 (4.8%) $326,126 (6.3%) 0.91 812
    2018-11-01 $269,900 (4.9%) $328,428 (7.9%) 0.91 792
    2018-12-01 $274,900 (5.8%) $334,101 (10.4%) 0.95 732
    2019-01-01 $273,900 (5.4%) $327,632 (10.2%) 0.95 665
    2019-02-01 $269,900 (5.7%) $326,412 (11.7%) 0.91 650
    2019-03-01 $274,186 (3.9%) $328,006 (8.4%) 0.90 633
    2019-04-01 $279,186 (3.4%) $329,408 (5.0%) 0.89 647
    2019-05-01 $271,900 (0.7%) $319,806 (1.3%) 0.85 709
    2019-06-01 $270,995 (-1.4%) $320,071 (-3.0%) 0.85 763
    2019-07-01 $269,900 (0.6%) $321,602 (-3.1%) 0.84 782
    2019-08-01 $269,900 (0.3%) $321,169 (-3.3%) 0.85 768
    2019-09-01 $269,900 (-1.1%) $316,299 (-4.1%) 0.86 740
    2019-10-01 $269,900 (0.1%) $313,052 (-4.0%) 0.87 710
    2019-11-01 $269,900 (0.0%) $314,432 (-4.3%) 0.88 642
    2019-12-01 $269,900 (-1.8%) $314,789 (-5.8%) 0.90 589
    2020-01-01 $269,900 (-1.5%) $315,089 (-3.8%) 0.90 506
    2020-02-01 $274,900 (1.9%) $312,530 (-4.3%) 0.90 494
    2020-03-01 $282,448 (3.0%) $322,778 (-1.6%) 0.89 504
    2020-04-01 $294,950 (5.7%) $330,523 (0.3%) 0.92 508
    2020-05-01 $289,000 (6.3%) $329,888 (3.2%) 0.88 514
    2020-06-01 $283,475 (4.6%) $330,828 (3.4%) 0.84 499
    2020-07-01 $277,990 (3.0%) $330,348 (2.7%) 0.81 479
    2020-08-01 $289,900 (7.4%) $350,588 (9.2%) 0.83 455
    2020-09-01 $298,000 (10.4%) $356,920 (12.8%) 0.85 443
    2020-10-01 $299,900 (11.1%) $357,915 (14.3%) 0.86 425
    2020-11-01 $292,718 (8.5%) $355,688 (13.1%) 0.86 391
    2020-12-01 $299,900 (11.1%) $370,530 (17.7%) 0.89 340
    2021-01-01 $304,900 (13.0%) $368,349 (16.9%) 0.91 270
    2021-02-01 $311,175 (13.2%) $396,692 (26.9%) 0.91 207
    2021-03-01 $317,900 (12.6%) $402,105 (24.6%) 0.90 205
    2021-04-01 $330,200 (12.0%) $409,890 (24.0%) 0.89 198
    2021-05-01 $336,950 (16.6%) $410,514 (24.4%) 0.90 202
    2021-06-01 $314,900 (11.1%) $394,429 (19.2%) 0.83 245
    2021-07-01 $269,900 (-2.9%) $383,422 (16.1%) 0.71 260
    2021-08-01 $269,900 (-6.9%) $377,351 (7.6%) 0.72 264
    2021-09-01 $269,900 (-9.4%) $367,783 (3.0%) 0.72 264
    2021-10-01 $274,500 (-8.5%) $361,761 (1.1%) 0.73 277
    2021-11-01 $277,400 (-5.2%) $364,848 (2.6%) 0.74 247
    2021-12-01 $265,000 (-11.6%) $362,827 (-2.1%) 0.72 230
    2022-01-01 $299,450 (-1.8%) $371,271 (0.8%) 0.81 190
    2022-02-01 $338,900 (8.9%) $383,801 (-3.3%) 0.88 179
    2022-03-01 $342,925 (7.9%) $402,536 (0.1%) 0.86 177
    2022-04-01 $349,950 (6.0%) $434,319 (6.0%) 0.83 178
    2022-05-01 $389,800 (15.7%) $459,224 (11.9%) 0.89 196
    2022-06-01 $404,225 (28.4%) $481,404 (22.1%) 0.90 225
    2022-07-01 $385,400 (42.8%) $457,569 (19.3%) 0.87 296
    2022-08-01 $369,900 (37.1%) $439,980 (16.6%) 0.86 289
    2022-09-01 $369,950 (37.1%) $443,959 (20.7%) 0.86 283
    2022-10-01 $372,500 (35.7%) $436,944 (20.8%) 0.88 291
    2022-11-01 $368,200 (32.7%) $429,312 (17.7%) 0.89 299
    2022-12-01 $392,450 (48.1%) $430,715 (18.7%) 0.97 275
    2023-01-01 $399,900 (33.5%) $437,901 (18.0%) 0.99 271
    2023-02-01 $404,450 (19.3%) $446,267 (16.3%) 0.98 242
    2023-03-01 $429,950 (25.4%) $457,414 (13.6%) 1.01 232
    2023-04-01 $435,000 (24.3%) $454,609 (4.7%) 1.01 227
    2023-05-01 $459,900 (18.0%) $499,735 (8.8%) 1.04 239
    2023-06-01 $462,950 (14.5%) $506,196 (5.2%) 1.05 264
    2023-07-01 $459,900 (19.3%) $501,912 (9.7%) 1.05 301
    2023-08-01 $433,900 (17.3%) $482,364 (9.6%) 1.00 344
    2023-09-01 $425,450 (15.0%) $467,465 (5.3%) 0.99 357
    2023-10-01 $410,450 (10.2%) $466,402 (6.7%) 0.97 361
    2023-11-01 $410,450 (11.5%) $466,057 (8.6%) 0.98 342
    2023-12-01 $414,900 (5.7%) $466,648 (8.3%) 0.00 332
    2024-01-01 $414,950 (3.8%) $473,523 (8.1%) 0.00 327
    2024-02-01 $409,400 (1.2%) $469,080 (5.1%) 0.00 287
    2024-03-01 $417,450 (-2.9%) $474,122 (3.7%) 0.00 281
    2024-04-01 $461,150 (6.0%) $504,522 (11.0%) 0.00 262
    2024-05-01 $482,400 (4.9%) $526,523 (5.4%) 0.00 283
    2024-06-01 $479,900 (3.7%) $540,116 (6.7%) 0.00 308
    2024-07-01 $442,450 (-3.8%) $511,899 (2.0%) 0.00 336
    2024-08-01 $439,950 (1.4%) $506,212 (4.9%) 0.00 339
    2024-09-01 $448,950 (5.5%) $511,883 (9.5%) 0.00 347
    2024-10-01 $434,900 (6.0%) $487,639 (4.6%) 0.00 355
    BISMARCK's median listing price for 2024-10-01 was $434,900, a difference of $24,450 (6.0%) versus the prior year and $-14,050 versus the prior month.

    BISMARCK's median listing price comes in at 0% of the national average.

    BISMARCK's average listing price for 2024-10-01 was $487,639, a difference of $21,237 (4.6%) versus the prior year and $-24,244 versus the prior month.

    For the 2024-10-01 period, BISMARCK had 355 MLS listings, a difference of 8 listings (2%) versus the prior month and -6 listings (-2%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - BISMARCK (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 94 days 1,934 sqft
    2018-02-01 83 days 1,964 sqft
    2018-03-01 59 days 1,990 sqft
    2018-04-01 58 days 2,019 sqft
    2018-05-01 53 days 2,034 sqft
    2018-06-01 56 days 2,077 sqft
    2018-07-01 65 days 2,093 sqft
    2018-08-01 65 days 2,085 sqft
    2018-09-01 68 days 1,522 sqft
    2018-10-01 77 days 2,136 sqft
    2018-11-01 79 days 2,104 sqft
    2018-12-01 87 days 2,109 sqft
    2019-01-01 91 days 2,062 sqft
    2019-02-01 96 days 2,042 sqft
    2019-03-01 91 days 2,044 sqft
    2019-04-01 77 days 2,046 sqft
    2019-05-01 55 days 2,044 sqft
    2019-06-01 53 days 2,064 sqft
    2019-07-01 59 days 2,061 sqft
    2019-08-01 63 days 2,048 sqft
    2019-09-01 69 days 2,033 sqft
    2019-10-01 76 days 2,021 sqft
    2019-11-01 85 days 2,004 sqft
    2019-12-01 96 days 2,000 sqft
    2020-01-01 94 days 2,003 sqft
    2020-02-01 95 days 2,012 sqft
    2020-03-01 63 days 2,072 sqft
    2020-04-01 61 days 2,096 sqft
    2020-05-01 61 days 2,086 sqft
    2020-06-01 51 days 2,034 sqft
    2020-07-01 54 days 2,021 sqft
    2020-08-01 51 days 2,036 sqft
    2020-09-01 51 days 2,111 sqft
    2020-10-01 60 days 2,007 sqft
    2020-11-01 67 days 1,954 sqft
    2020-12-01 71 days 1,948 sqft
    2021-01-01 79 days 1,801 sqft
    2021-02-01 74 days 1,805 sqft
    2021-03-01 61 days 1,866 sqft
    2021-04-01 36 days 1,895 sqft
    2021-05-01 35 days 2,050 sqft
    2021-06-01 31 days 2,069 sqft
    2021-07-01 34 days 1,913 sqft
    2021-08-01 43 days 2,017 sqft
    2021-09-01 47 days 2,061 sqft
    2021-10-01 44 days 2,080 sqft
    2021-11-01 50 days 1,979 sqft
    2021-12-01 55 days 1,926 sqft
    2022-01-01 68 days 1,980 sqft
    2022-02-01 60 days 2,015 sqft
    2022-03-01 33 days 1,960 sqft
    2022-04-01 37 days 2,047 sqft
    2022-05-01 39 days 2,192 sqft
    2022-06-01 35 days 2,197 sqft
    2022-07-01 34 days 2,121 sqft
    2022-08-01 40 days 2,125 sqft
    2022-09-01 46 days 2,165 sqft
    2022-10-01 46 days 2,143 sqft
    2022-11-01 51 days 2,122 sqft
    2022-12-01 65 days 2,080 sqft
    2023-01-01 82 days 2,085 sqft
    2023-02-01 78 days 2,094 sqft
    2023-03-01 55 days 2,078 sqft
    2023-04-01 52 days 2,058 sqft
    2023-05-01 36 days 2,195 sqft
    2023-06-01 34 days 2,321 sqft
    2023-07-01 44 days 2,326 sqft
    2023-08-01 51 days 2,294 sqft
    2023-09-01 52 days 2,151 sqft
    2023-10-01 49 days 2,169 sqft
    2023-11-01 53 days 2,084 sqft
    2023-12-01 0 days 2,058 sqft
    2024-01-01 0 days 2,041 sqft
    2024-02-01 0 days 1,969 sqft
    2024-03-01 0 days 1,992 sqft
    2024-04-01 0 days 2,086 sqft
    2024-05-01 0 days 2,187 sqft
    2024-06-01 0 days 2,240 sqft
    2024-07-01 0 days 2,198 sqft
    2024-08-01 0 days 2,149 sqft
    2024-09-01 0 days 2,166 sqft
    2024-10-01 0 days 2,113 sqft
    BISMARCK's median listing age (time on market) for 2024-10-01 was 0 days. This is -100% shorter than the same period one year ago.

    BISMARCK's median square footage for active listings during the 2024-10-01 period was 2,113 sqft. One year prior, the average listing was 2,169 sqft.

    BISMARCK, ND Average Rent (2023)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    58477 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58494 Bismarck, ND MSA $820 $930 $1,060 $1,510 $1,800
    58501 Bismarck, ND MSA $710 $810 $920 $1,310 $1,570
    58502 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58503 Bismarck, ND MSA $810 $910 $1,040 $1,480 $1,770
    58504 Bismarck, ND MSA $700 $790 $900 $1,280 $1,530
    58505 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58506 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58507 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58520 Bismarck, ND MSA $660 $720 $830 $1,170 $1,410
    58521 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58523 Bismarck, ND MSA $660 $720 $830 $1,170 $1,410
    58524 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58530 Bismarck, ND MSA $660 $720 $830 $1,170 $1,410
    58532 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58535 Bismarck, ND MSA $710 $810 $920 $1,310 $1,570
    58545 Bismarck, ND MSA $760 $860 $980 $1,390 $1,670
    58554 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58558 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58560 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58563 Bismarck, ND MSA $660 $720 $830 $1,170 $1,410
    58566 Bismarck, ND MSA $710 $810 $920 $1,310 $1,570
    58569 Bismarck, ND MSA $710 $810 $920 $1,310 $1,570
    58570 Bismarck, ND MSA $710 $810 $920 $1,310 $1,570
    58571 Bismarck, ND MSA $660 $720 $830 $1,170 $1,410
    58572 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58579 Bismarck, ND MSA $720 $820 $930 $1,320 $1,580
    58631 Bismarck, ND MSA $660 $720 $830 $1,170 $1,410
    58638 Bismarck, ND MSA $660 $750 $850 $1,210 $1,450

    2022 Average & Median Rent Data Statistics
    BISMARCK, ND average 1BR rent: $802, median: $820
    BISMARCK, ND average 2BR rent: $914, median: $930
    BISMARCK, ND average 3BR rent: $1,297, median: $1,320

    BISMARCK, ND Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,471 $441,595,000 $300,201
    Other 332 $26,870,000 $80,934
    Home Improvement 275 $23,035,000 $83,764
    Refi 206 $129,300,000 $627,670
    Cash Out Refi 145 $29,795,000 $205,483

    Bismarck's most frequently cited loan purpose was Home Purchase, with 1,471 originations. The 2nd most popular reason was Other, with 332 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 876 $224,430,000 $256,199
    7-8% 476 $124,480,000 $261,513
    5-6% 430 $113,420,000 $263,767
    Over 8% 348 $36,860,000 $105,920
    4-5% 45 $17,785,000 $395,222
    3-4% 31 $11,675,000 $376,613
    2.5-3% 8 $1,240,000 $155,000
    <2.5% 2 $780,000 $390,000

    During 2023, Bismarck's most frequently originated rate bucket was 6-7%, with 876 originations.

    Loan Sizing (BISMARCK, ND MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 919 $257,885,000 $280,615
    $100,000 or less 681 $34,965,000 $51,344
    $100k-200k 526 $79,240,000 $150,646
    $400k-600k 209 $97,785,000 $467,871
    $600k-1000k 74 $52,510,000 $709,595
    $Over $1MM 20 $128,210,000 $6,410,500

    BISMARCK's loan sizing saw the bucket of loans from $200k-400k with 919 originations, totaling $257,885,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 912 $278,300,000 $305,154
    Under 20% 443 $23,705,000 $53,510
    60-80% 372 $137,900,000 $370,699
    20-40% 277 $33,545,000 $121,101
    40-60% 180 $47,480,000 $263,778
    Over 100% 27 $44,975,000 $1,665,741

    BISMARCK's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 912 originations, totaling $278,300,000 in origination value.