Is now a good time to buy land in Bismarck, North Dakota?
Bismarck, North Dakota is currently a strong buyer's market with 35.9 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
35.9 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 16 | 31 | 59 |
| 1-2 acres | 2 | 8 | 13 | 27 |
| 2-5 acres | 1 | 2 | 4 | 9 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 2 | 3 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 3 | 27 | 50 | 99 |
Bismarck, North Dakota is currently a strong buyer's market with 35.9 months of supply. Buyers have more negotiating power and can take time to find the right property.
Bismarck, North Dakota currently has 35.9 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Bismarck, North Dakota is 2.8%. The 12-month rate is 2.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Bismarck, North Dakota saw 99 properties sold. In just the last 3 months, 27 properties changed hands.
There are currently 323 active listings in Bismarck, North Dakota. 38 new listings have hit the market in the last 90 days. The median asking price is $125K.
The current absorption rate in Bismarck, North Dakota is 2.8% (3-month basis), indicating slow demand. The top-performing broker in this market is Knutson Realty.
Land in Bismarck, North Dakota typically sells within 298 days of listing. The median time on market is 142 days. Properties are moving slowly in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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