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Wednesday, May 7, 2025

Bismarck home prices fall in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Bismarck fell by $13,000 while total sales increased by 40%, according to BlockShopper.com.

From July through December of 2017, there were seven homes sold, with a median sale price of $95,000 - a 12% decrease over the $108,000 median sale price for the same period of the previous year. There were five homes sold in Bismarck in the second half of 2016.

The median sales tax in Bismarck for the most recent year with available data, 2016, was $1,500, approximately 1.6% of the median home sale price for the second half of 2017.

The following table compares Bismarck to other Vermilion County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Allerton220%$112,750$105,0007.4%
Bismarck7540%$95,000$108,000-12%
Oakwood113266.7%$90,000$25,000260%
Rossville9728.6%$90,000$27,500227.3%
Catlin20195.3%$82,500$94,900-13.1%
Olivet440%$79,000$25,250212.9%
Sidell550%$68,500$16,500315.2%
Henning24-50%$67,500$34,50095.7%
Fithian45-20%$61,250$52,00017.8%
Westville362171.4%$60,500$55,00010%
Hoopeston38365.6%$47,000$38,15023.2%

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