Bismarck, ND home prices
Typical home $356,127 · +5.2% in a year · income needed $101,000
The Bismarck, ND metro area ranks 213 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +5.2% in a year and +25.3% over five years. With 20% down at 7.11%, the typical home costs about $2,357 a month including 0.88% property tax (Burleigh County rate).
Mortgage on the typical Bismarck home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $71,225 | $284,902 | $1,917 | $0 | $440 | $2,357 | $101,000 |
| 10% down | $35,613 | $320,514 | $2,156 | $134 | $440 | $2,730 | $117,000 |
| 5% down | $17,806 | $338,321 | $2,276 | $141 | $440 | $2,857 | $122,500 |
| 3.5% down (FHA) | $12,464 | $349,677 | $2,352 | $158 | $440 | $2,950 | $126,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.88% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Bismarck area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Burleigh County, ND | $370,274 | +5.2% | 0.88% |
| Morton County, ND | $323,186 | +5.7% | 1.02% |
| Oliver County, ND | $256,771 | +6.5% | 0.62% |
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Frequently asked questions
How much is a house in Bismarck?
The typical home in the Bismarck, ND metro area is worth $356,127 (Zillow, September 2026).
What salary do you need to buy a house in Bismarck?
About $101,000 a year for the typical home with 20% down at 7.11%.