BISMARCK Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Bismarck averaged
6.58%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
6.57% and
one month ago for the week of 2023-08-17, the
average rate was 6.38%.
Bismarck's average rate one year ago was 5.61%.
For refis of the same type during the week of 2023-09-21, the average rate
was 5.68%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Bismarck 30 Year Fixed Rate | 2023-09-21 | 6.58% |
Bismarck 30 Year Fixed Rate Refi | 2023-09-21 | 5.68% |
Bismarck 15 Year Fixed Rate | 2023-09-21 | 6.19% |
Bismarck 15 Year Fixed Rate Refi | 2023-09-21 | 5.78% |
Bismarck 30 Year FHA | 2023-09-21 | 6.04% |
Bismarck 30 Year FHA Refi | 2023-09-21 | 7.04% |
Bismarck 30 Year USDA | 2023-09-21 | 7.22% |
Bismarck 30 Year USDA Refi | 2023-09-21 | 7.12% |
Bismarck 30 Year VA | 2023-09-21 | 6.35% |
Bismarck 30 Year VA Refi | 2023-09-21 | 6.72% |
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.).
BISMARCK Average Closing Costs & Other Stats
BISMARCK, ND's 81 lenders originated 3,491
loans during 2022. The total origination value was $911,315,000, with an average loan value of
$261,047.
BISMARCK's average closing costs are $5,252.
The top BISMARCK lender as defined by loan originations is Gate City Bank, with
279 loans originated. Their average total fees are
$5,745, which is $415
higher than the next largest lender,
Dakota Community Bank & Trust.
The lowest fee BISMARCK lenders (with over 10 loans originated) are
CALIBER HOME LOANS, INC. ($2,741), UNITED WHOLESALE MORTGAGE, LLC ($3,000), U.S. Bank ($3,684), Bank of England ($3,992) and The Huntington National Bank ($4,545).
The lowest rate BISMARCK lenders (with over 10 loans originated) are
Gate City Bank (4.05%), Choice Financial Group (4.08%), LOANDEPOT.COM, LLC (4.11%), CALIBER HOME LOANS, INC. (4.12%) and Starion Bank (4.19%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
Gate City Bank | $290,875,000 | $151,715,000 | -47.8% | 16.6% |
CAPITAL CREDIT UNION | $113,500,000 | $75,960,000 | -33.1% | 8.3% |
First International Bank & Trust | $93,250,000 | $63,400,000 | -32.0% | 7.0% |
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $59,450,000 | n/a | 6.5% | |
Dakota Community Bank & Trust | $95,760,000 | $42,660,000 | -55.5% | 4.7% |
First Western Bank & Trust | $48,055,000 | $40,550,000 | -15.6% | 4.4% |
American Bank Center | $65,585,000 | $36,365,000 | -44.6% | 4.0% |
Starion Bank | $66,585,000 | $29,410,000 | -55.8% | 3.2% |
Choice Financial Group | $42,840,000 | $26,320,000 | -38.6% | 2.9% |
QUICKEN LOANS, LLC | $59,240,000 | $25,815,000 | -56.4% | 2.8% |
GUARANTEED RATE, INC. | $44,700,000 | $24,265,000 | -45.7% | 2.7% |
BNC National Bank | $53,965,000 | $24,160,000 | -55.2% | 2.7% |
Kirkwood Bank & Trust Co. | $54,745,000 | $23,370,000 | -57.3% | 2.6% |
UNITED WHOLESALE MORTGAGE, LLC | $18,330,000 | $22,735,000 | 24.0% | 2.5% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $34,735,000 | $19,965,000 | -42.5% | 2.2% |
JONES LANG LASALLE MULTIFAMILY, LLC | $17,685,000 | n/a | 1.9% | |
CALIBER HOME LOANS, INC. | $44,455,000 | $15,055,000 | -66.1% | 1.7% |
U.S. Bank | $29,770,000 | $13,505,000 | -54.6% | 1.5% |
Flagstar Bank, FSB | $27,525,000 | $12,710,000 | -53.8% | 1.4% |
FIRST COMMUNITY CREDIT UNION | $21,845,000 | $12,250,000 | -43.9% | 1.3% |
Plains Commerce Bank | $12,370,000 | $11,615,000 | -6.1% | 1.3% |
Bremer Bank | $9,585,000 | $9,585,000 | 0.0% | 1.1% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $7,580,000 | $9,475,000 | 25.0% | 1.0% |
Wells Fargo Bank | $23,205,000 | $9,180,000 | -60.4% | 1.0% |
VUE COMMUNITY CREDIT UNION | $6,585,000 | $8,830,000 | 34.1% | 1.0% |
Security First Bank of North Dakota | $31,535,000 | $7,820,000 | -75.2% | 0.9% |
Bank of England | $15,860,000 | $7,530,000 | -52.5% | 0.8% |
PENNYMAC LOAN SERVICES, LLC | $23,540,000 | $7,235,000 | -69.3% | 0.8% |
Citizens Bank | $13,005,000 | $7,130,000 | -45.2% | 0.8% |
RAILWAY CREDIT UNION | $8,290,000 | $6,410,000 | -22.7% | 0.7% |
Mortgage Research Center, LLC | $9,110,000 | $5,615,000 | -38.4% | 0.6% |
The Huntington National Bank | $10,325,000 | $5,280,000 | -48.9% | 0.6% |
LOANDEPOT.COM, LLC | $13,710,000 | $4,810,000 | -64.9% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $22,575,000 | $4,620,000 | -79.5% | 0.5% |
HOME POINT FINANCIAL CORPORATION | $8,255,000 | $3,835,000 | -53.5% | 0.4% |
Cornerstone Bank | $19,260,000 | $3,390,000 | -82.4% | 0.4% |
NAVY FEDERAL CREDIT UNION | $2,390,000 | $3,385,000 | 41.6% | 0.4% |
NEWREZ LLC | $5,165,000 | $3,360,000 | -34.9% | 0.4% |
JPMorgan Chase Bank | $2,450,000 | $2,765,000 | 12.9% | 0.3% |
USAA Federal Savings Bank | $5,465,000 | $2,210,000 | -59.6% | 0.2% |
AMERISAVE MORTGAGE CORPORATION | $6,000,000 | $2,105,000 | -64.9% | 0.2% |
BETTER MORTGAGE CORPORATION | $4,250,000 | $2,105,000 | -50.5% | 0.2% |
TOWN AND COUNTRY Credit Union | $1,315,000 | $1,970,000 | 49.8% | 0.2% |
GUILD MORTGAGE COMPANY | $1,855,000 | $1,960,000 | 5.7% | 0.2% |
Truist | $3,100,000 | $1,845,000 | -40.5% | 0.2% |
Bell Bank | $3,600,000 | $1,655,000 | -54.0% | 0.2% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $10,820,000 | $1,635,000 | -84.9% | 0.2% |
Stifel Bank and Trust | $3,790,000 | $1,580,000 | -58.3% | 0.2% |
Servion, Inc. | $1,160,000 | $1,475,000 | 27.2% | 0.2% |
BROKER SOLUTIONS, INC. | $2,090,000 | $1,360,000 | -34.9% | 0.1% |
Unify Home Lending Inc. | $145,000 | $1,340,000 | 824.1% | 0.1% |
21ST MORTGAGE CORPORATION | $355,000 | $1,205,000 | 239.4% | 0.1% |
CROSSCOUNTRY MORTGAGE, LLC | $1,385,000 | $1,190,000 | -14.1% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $1,085,000 | $1,070,000 | -1.4% | 0.1% |
Mr. Cooper ( Nationstar Mortgage ) | $5,080,000 | $940,000 | -81.5% | 0.1% |
The Federal Savings Bank | $2,745,000 | $905,000 | -67.0% | 0.1% |
Dacotah Bank | $6,305,000 | $880,000 | -86.0% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $4,880,000 | $810,000 | -83.4% | 0.1% |
RESIDENTIAL BANCORP. | $810,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $125,000 | $720,000 | 476.0% | 0.1% |
First Savings Bank | $1,245,000 | $690,000 | -44.6% | 0.1% |
VALLEY MORTGAGE, INC. | $740,000 | $680,000 | -8.1% | 0.1% |
MID AMERICA MORTGAGE, INC. | $1,520,000 | $670,000 | -55.9% | 0.1% |
AMCAP MORTGAGE, LTD. | $665,000 | n/a | 0.1% | |
Alerus Financial | $2,005,000 | $650,000 | -67.6% | 0.1% |
PREMIA MORTGAGE, LLC | $630,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $1,320,000 | $625,000 | -52.7% | 0.1% |
WINGS FINANCIAL | $255,000 | $625,000 | 145.1% | 0.1% |
Magnolia Bank | $745,000 | $620,000 | -16.8% | 0.1% |
North American Savings Bank, F.S.B. | $375,000 | $580,000 | 54.7% | 0.1% |
WESTERN COOPERATIVE CREDIT UNION | $525,000 | $575,000 | 9.5% | 0.1% |
Discover Bank | $190,000 | $570,000 | 200.0% | 0.1% |
NP, Inc. | $565,000 | n/a | 0.1% | |
Morgan Stanley Private Bank | $545,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $175,000 | $540,000 | 208.6% | 0.1% |
Charles Schwab Bank, SSB | $525,000 | n/a | 0.1% | |
Merchants Bank | $3,030,000 | $515,000 | -83.0% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $350,000 | $500,000 | 42.9% | 0.1% |
Bank of America | $1,060,000 | $495,000 | -53.3% | 0.1% |
HOMESIDE FINANCIAL, LLC | $780,000 | $490,000 | -37.2% | 0.1% |
AMERICAN FINANCING CORPORATION | $195,000 | $455,000 | 133.3% | 0.0% |
Low VA Rates, LLC | $1,165,000 | $445,000 | -61.8% | 0.0% |
Paramount Residential Mortgage Group, Inc. | $345,000 | $445,000 | 29.0% | 0.0% |
S1L, Inc. | $425,000 | n/a | 0.0% | |
Frandsen Bank & Trust | $305,000 | $395,000 | 29.5% | 0.0% |
PNC Bank | $95,000 | $390,000 | 310.5% | 0.0% |
First Dakota National Bank | $375,000 | n/a | 0.0% | |
Stockman Bank of Montana | $105,000 | $370,000 | 252.4% | 0.0% |
Florida Capital Bank | $365,000 | n/a | 0.0% | |
NETWORK CAPITAL FUNDING CORPORATION | $365,000 | n/a | 0.0% | |
American Mortgage & Equity Consultants, Inc. | $345,000 | n/a | 0.0% | |
Gateway First Bank | $145,000 | $345,000 | 137.9% | 0.0% |
Bank of the West | $335,000 | n/a | 0.0% | |
Mutual Federal Bank | $315,000 | n/a | 0.0% | |
First PREMIER Bank | $295,000 | n/a | 0.0% | |
Commerce Home Mortgage, Inc. | $285,000 | n/a | 0.0% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $285,000 | n/a | 0.0% | |
Hometown Credit Union | $275,000 | n/a | 0.0% | |
Deere Employees Credit Union | $380,000 | $270,000 | -28.9% | 0.0% |
Barrington Bank & Trust Company, N.A. | $2,235,000 | $255,000 | -88.6% | 0.0% |
Wyndham Capital Mortgage, Inc. | $1,240,000 | $255,000 | -79.4% | 0.0% |
Equity Prime Mortgage LLC | $235,000 | n/a | 0.0% | |
CANOPY MORTGAGE, LLC | $225,000 | n/a | 0.0% | |
First Interstate Bank | $205,000 | $195,000 | -4.9% | 0.0% |
BAY EQUITY LLC | $275,000 | $185,000 | -32.7% | 0.0% |
CRESCENT MORTGAGE COMPANY | $225,000 | $185,000 | -17.8% | 0.0% |
ARC HOME LLC | $955,000 | $175,000 | -81.7% | 0.0% |
PREMIER MORTGAGE RESOURCES, L.L.C. | $175,000 | n/a | 0.0% | |
Willamette Valley Bank | $175,000 | n/a | 0.0% | |
Wyoming Bank & Trust | $175,000 | n/a | 0.0% | |
SOFI LENDING CORP. | $155,000 | n/a | 0.0% | |
Bank Forward | $235,000 | $145,000 | -38.3% | 0.0% |
ATLANTA POSTAL | $135,000 | n/a | 0.0% | |
AXIA FINANCIAL, LLC | $125,000 | n/a | 0.0% | |
AmeriHome Mortgage Company, LLC | $115,000 | n/a | 0.0% | |
Goldwater Bank, N.A. | $630,000 | $115,000 | -81.7% | 0.0% |
UBS Bank USA | $105,000 | n/a | 0.0% | |
AMERICAN ADVISORS GROUP | $730,000 | $95,000 | -87.0% | 0.0% |
Western State Bank | $95,000 | n/a | 0.0% | |
Union State Bank of Fargo | $615,000 | $90,000 | -85.4% | 0.0% |
United States Senate Federal Credit Union | $75,000 | n/a | 0.0% | |
BANKWEST, INC. | $650,000 | $55,000 | -91.5% | 0.0% |
Figure Lending LLC | $55,000 | $55,000 | 0.0% | 0.0% |
QUORUM FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% |
BISMARCK's top lender by overall market share is Gate City Bank, with 16.6% market share. In second place, with 8.3%, is CAPITAL CREDIT UNION, having originated $75,960,000 in loans. In third place, with 7.0%, is First International Bank & Trust, having originated $63,400,000 in loans. In fourth place, with 6.5%, is BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC, having originated $59,450,000 in loans. In fifth place, with 4.7%, is Dakota Community Bank & Trust, having originated $42,660,000 in loans.
BISMARCK Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - BISMARCK (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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%) | $331,590 (5.2%) | 0.90 | 754 |
2018-08-01 | $268,950 (2.5%) | $331,847 (4.5%) | 0.90 | 780 |
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 | $271,175 (0.5%) | $319,432 (1.2%) | 0.85 | 710 |
2019-06-01 | $270,995 (-1.4%) | $320,071 (-3.0%) | 0.85 | 763 |
2019-07-01 | $269,900 (0.6%) | $321,602 (-3.0%) | 0.84 | 782 |
2019-08-01 | $269,900 (0.4%) | $321,169 (-3.2%) | 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 (6.6%) | $329,888 (3.3%) | 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%) | $502,256 (9.4%) | 1.04 | 236 |
2023-06-01 | $465,900 (15.3%) | $510,866 (6.1%) | 1.05 | 259 |
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 |
BISMARCK's median listing price comes in at 100% of the national average.
BISMARCK's average listing price for 2023-08-01 was $482,364, a difference of $42,384 (9.6%) versus the prior year and $-19,548 versus the prior month.
For the 2023-08-01 period, BISMARCK had 344 MLS listings, a difference of 43 listings (14%) versus the prior month and 55 listings (19%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - BISMARCK (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 | 2,086 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 | 2,182 sqft |
2023-06-01 | 34 days | 2,309 sqft |
2023-07-01 | 44 days | 2,316 sqft |
2023-08-01 | 51 days | 2,294 sqft |
BISMARCK's median square footage for active listings during the 2023-08-01 period was 2,294 sqft. One year prior, the average listing was 2,125 sqft.
BISMARCK, ND Average Rent (2023)
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Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
---|---|---|---|---|---|---|
58477 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
58494 | Bismarck, ND | $800 | $800 | $990 | $1,370 | $1,620 |
58501 | Bismarck, ND | $710 | $710 | $850 | $1,210 | $1,390 |
58502 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
58503 | Bismarck, ND | $820 | $820 | $980 | $1,390 | $1,610 |
58504 | Bismarck, ND | $720 | $720 | $860 | $1,220 | $1,410 |
58505 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
58506 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
58507 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
58520 | Bismarck, ND | $650 | $650 | $800 | $1,140 | $1,300 |
58521 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
58523 | Bismarck, ND | $680 | $690 | $840 | $1,180 | $1,350 |
58524 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
58530 | Bismarck, ND | $640 | $650 | $800 | $1,120 | $1,280 |
58532 | Bismarck, ND | $750 | $750 | $900 | $1,280 | $1,470 |
58535 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
58545 | Bismarck, ND | $820 | $820 | $1,010 | $1,430 | $1,620 |
58554 | Bismarck, ND | $750 | $750 | $900 | $1,280 | $1,470 |
58558 | Bismarck, ND | $720 | $720 | $860 | $1,220 | $1,410 |
58560 | Bismarck, ND | $650 | $650 | $800 | $1,140 | $1,300 |
58563 | Bismarck, ND | $650 | $650 | $800 | $1,140 | $1,300 |
58566 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
58569 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
58570 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
58571 | Bismarck, ND | $640 | $650 | $800 | $1,120 | $1,280 |
58572 | Bismarck, ND | $740 | $740 | $890 | $1,260 | $1,450 |
58579 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
58631 | Bismarck, ND | $660 | $660 | $800 | $1,140 | $1,300 |
58638 | Bismarck, ND | $730 | $740 | $880 | $1,250 | $1,440 |
2022 Average & Median Rent Data Statistics
BISMARCK, ND average 1BR rent: $726, median: $740
BISMARCK, ND average 2BR rent: $873, median: $880
BISMARCK, ND average 3BR rent: $1,238, median: $1,250
BISMARCK, ND Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 1,950 | $576,810,000 | $295,800 |
Refi | 535 | $136,915,000 | $255,916 |
Cash Out Refi | 374 | $145,480,000 | $388,984 |
Home Improvement | 350 | $26,780,000 | $76,514 |
Other | 281 | $25,215,000 | $89,733 |
NA | 1 | $115,000 | $115,000 |
Bismarck's most frequently cited loan purpose was Home Purchase, with 1,950 originations. The 2nd most popular reason was Refi, with 535 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 928 | $236,910,000 | $255,291 |
3-4% | 870 | $237,180,000 | $272,621 |
5-6% | 709 | $152,605,000 | $215,240 |
6-7% | 287 | $69,345,000 | $241,620 |
2.5-3% | 273 | $78,155,000 | $286,282 |
<2.5% | 78 | $19,800,000 | $253,846 |
7-8% | 72 | $9,350,000 | $129,861 |
Over 8% | 26 | $2,330,000 | $89,615 |
During 2022, Bismarck's most frequently originated rate bucket was 4-5%, with 928 originations.
Loan Sizing (BISMARCK, ND MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 1,398 | $386,990,000 | $276,817 |
$100k-200k | 840 | $128,550,000 | $153,036 |
$100,000 or less | 809 | $44,925,000 | $55,532 |
$400k-600k | 326 | $153,860,000 | $471,963 |
$600k-1000k | 92 | $63,850,000 | $694,022 |
$Over $1MM | 26 | $133,140,000 | $5,120,769 |
BISMARCK's loan sizing saw the bucket of loans from $200k-400k with 1,398 originations, totaling $386,990,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 1,284 | $399,390,000 | $311,051 |
60-80% | 792 | $238,250,000 | $300,821 |
Under 20% | 463 | $24,805,000 | $53,575 |
20-40% | 366 | $43,940,000 | $120,055 |
40-60% | 287 | $83,535,000 | $291,063 |
Over 100% | 33 | $59,745,000 | $1,810,455 |
BISMARCK's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,284 originations, totaling $399,390,000 in origination value.