Market Intelligence · ND / Bismarck

Bismarck, ND 58501 Housing Market

The typical home value in Bismarck's 58501 ZIP is $305,750, up 6.2% over the past year. The median list price sits at $327,400, with homes spending a median of 36 days on market as of September 2026.

Updated September 2026Median value$306K

The median home value in Bismarck, ND 58501 is $306K as of September 2026, up 6.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 58501 range

$281K to $330K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+6.2% over 12 months

Sep 2025$288K

Low $288KHigh $306K

Sep 2026$306K

The numbers

What is the 58501 housing market like?

As of September 2026

Typical home value

$306K

6.2%YoY

Median list price

$327K

0.8%MoM

Days on market

5.3%MoM

Homes for sale

2.5%MoM

Price cuts

27.9%

164.8%MoM

New listings

18.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

58501 housing market forecast 2027

+3.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 58501 to rise 3.2% by September 2027.

Over the 12 months through September 2026, typical home values in 58501 rose 6.2%, per the Zillow Home Value Index.

Will home prices drop in 58501?

Zillow's forecast does not call for a drop: it expects typical home values in 58501 to rise 3.2% by September 2027, after a 6.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 58501 home prices compare?

58501$305,750
Bismarck$357,259
North Dakota$247,768
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Bismarck: 3 ZIPs; North Dakota: 111 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 39 homes for sale in 58501, with 26 new listings coming to market. The median asking price of $327,400 runs above the typical home value, a gap that may reflect seller optimism in a still-appreciating market. However, 27.9% of current listings carry a price cut, suggesting some homes are not moving at their initial ask. Homes typically spend 36 days on market before sale. For sellers, the strong year-over-year appreciation masks a market where buyers are becoming more selective about price.

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Down payment20% · $61,150

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Common questions

What people ask us.

How much is a home in 58501 worth?

The typical home value in Bismarck's 58501 ZIP is $305,750, which represents a 6.2% increase over the past year.

What is the median list price in 58501?

As of September 2026, the median list price is $327,400.

How long do homes stay on the market in 58501?

Homes in this area spend a median of 36 days on market.

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Nearby ZIP markets.

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