Bismarck, N.D.

The housing market is hot in this town, where winter temperatures often dip well below zero. Bismarck posted one of the strongest metro price increases in its part of the country, according to the NAR.
Median price end of 2007: $127,500
Median price end of 2006: $144,700
% change: + 13 .5 %
Projected change through Q3 2008: + 2.1 %
Affordability rating: 4.8
Foreclosures in 2007:
(1 for every 2,162 households)
20
Foreclosures in 2006:
(1 for every 3,930 households)
11
Change in foreclosures: + 81.8%
Current rate comparison
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Price trends

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June ’06: National median price $227,100
Dec. ’06: National median price $221,900
Dec. ’06: Local median price $144,700
June ’07: National median price $229,200
Dec. ’07: National median price $198,700
Dec. ’07: Local median price $127,500
* Median prices for existing single-family homes