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 6.58% 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%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Gate City Bank 279 4.05% $5,745
    Dakota Community Bank & Trust 99 4.76% $5,330
    CAPITAL CREDIT UNION 92 4.54% $5,433
    First International Bank & Trust 78 4.69% $5,933
    American Bank Center 62 4.46% $5,018
    QUICKEN LOANS, LLC 53 4.82% $6,976
    Starion Bank 53 4.19% $5,332
    UNITED WHOLESALE MORTGAGE, LLC 51 5.62% $3,000
    Choice Financial Group 40 4.08% $8,547
    BNC National Bank 39 4.89% $4,838
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 39 4.92% $4,769
    FIRST COMMUNITY CREDIT UNION 38 4.71% $4,756
    GUARANTEED RATE, INC. 36 4.41% $7,504
    CALIBER HOME LOANS, INC. 32 4.12% $2,741
    First Western Bank & Trust 29 5.15% $4,560
    U.S. Bank 28 5.17% $3,684
    Wells Fargo Bank 24 4.34% $4,726
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 22 4.69% $6,202
    Flagstar Bank, FSB 20 5.06% $4,843
    Citizens Bank 18 4.50% $5,518
    Bank of England 17 5.66% $3,992
    Bremer Bank 15 4.61% $5,224
    PENNYMAC LOAN SERVICES, LLC 12 4.62% $4,912
    The Huntington National Bank 12 4.54% $4,545
    Plains Commerce Bank 12 4.80% $6,096
    LOANDEPOT.COM, LLC 11 4.11% $6,441
    HOME POINT FINANCIAL CORPORATION 10 4.21% $6,126
    JPMorgan Chase Bank 8 4.81% $3,146
    GUILD MORTGAGE COMPANY 6 4.96% $6,131
    Servion, Inc. 4 4.56% $8,922
    Truist 4 4.22% $5,777
    Unify Home Lending Inc. 3 4.83% $6,602
    BETTER MORTGAGE CORPORATION 3 3.67% $6,304
    TOWN AND COUNTRY Credit Union 3 4.71% $8,038
    AMCAP MORTGAGE, LTD. 3 5.79% $6,580
    Bell Bank 3 5.21% $4,300
    Paramount Residential Mortgage Group, Inc. 3 5.00% $1,887
    Alerus Financial 2 5.69% $1,736
    AMERICAN FINANCING CORPORATION 2 3.44% $6,105
    AMERISAVE MORTGAGE CORPORATION 2 4.18% $6,139
    BROKER SOLUTIONS, INC. 2 4.56% $5,452
    CARDINAL FINANCIAL 2 5.06% $10,697
    Dacotah Bank 2 4.88% $4,156
    First Savings Bank 2 4.44% $9,402
    Merchants Bank 2 4.96% $2,927
    MUTUAL OF OMAHA MORTGAGE, INC. 2 4.63% $6,408
    North American Savings Bank, F.S.B. 2 4.81% $3,340
    PREMIA MORTGAGE, LLC 2 3.38% $168
    RESIDENTIAL BANCORP 2 8.88% $11,608
    ZILLOW HOME LOANS, LLC 2 5.94% $5,976
    Mortgage Research Center, LLC 1 4.25% $2,538
    Mr. Cooper ( Nationstar Mortgage ) 1 5.50% $5,158
    WESTERN COOPERATIVE CREDIT UNION 1 3.50% $6,691
    NEWREZ LLC 1 6.50% $2,589
    Western State Bank 1 4.85% $3,964
    First Dakota National Bank 1 3.00% $4,845
    Deere Employees Credit Union 1 4.50% $3,610
    CROSSCOUNTRY MORTGAGE, LLC 1 6.75% $13,753
    PNC Bank 1 5.50% $4,990
    Willamette Valley Bank 1 6.63% $6,789
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 7.00% $5,529
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.99% $12,114
    CRESCENT MORTGAGE COMPANY 1 5.75% $4,501
    WINGS FINANCIAL 1 4.88% $2,391
    Charles Schwab Bank, SSB 1 3.35% $3,343
    SOFI LENDING CORP. 1 3.38% $3,116
    BAY EQUITY LLC 1 3.88% $3,420
    Stifel Bank and Trust 1 3.25% $2,852
    Barrington Bank & Trust Company, N.A. 1 4.99% $5,088
    Bank of the West 1 2.75% $4,170
    Bank of America 1 5.50% $3,714
    Bank Forward 1 5.25% $3,827
    ATLANTA POSTAL 1 4.75% $3,416
    AmeriHome Mortgage Company, LLC 1 5.63% $5,248
    VALLEY MORTGAGE, INC. 1 3.25% $2,598
    Goldwater Bank, N.A. 1 3.50% $2,270
    FREEDOM MORTGAGE CORPORATION 1 4.63% $9,400
    Frandsen Bank & Trust 1 5.65% $7,005
    LAKEVIEW LOAN SERVICING, LLC 1 4.50% $4,424
    First PREMIER Bank 1 4.13% $5,719
    AMERICAN FINANCIAL RESOURCES, INC. 1 3.75% $7,143

    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. 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%) $331,590 (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 for 2023-08-01 was $433,900, a difference of $64,000 (17.3%) versus the prior year and $-26,000 versus the prior month.

    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. 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 2,086 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 listing age (time on market) for 2023-08-01 was 51 days. This is 27% longer than the same period one year ago.

    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)

    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 $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.