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Wednesday, May 7, 2025

Bismarck home prices rise in 2017

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The median sale price of a home sold in 2017 in Bismarck rose by $29,500 while total sales increased by 28.6%, according to BlockShopper.com.

From January through December of 2017, there were nine homes sold, with a median sale price of $95,000 - a 45% increase over the $65,500 median sale price for the previous year. There were seven homes sold in Bismarck in 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 2017.

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

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Bismarck9728.6%$95,000$65,50045%
Catlin2938-23.7%$82,000$85,000-3.5%
Oakwood161145.5%$74,000$45,00064.4%
Fithian9728.6%$67,000$52,00028.8%
Allerton4333.3%$65,500$75,000-12.7%
Sidell8714.3%$61,000$18,000238.9%
Westville564427.3%$56,850$59,000-3.6%
Rossville211910.5%$54,000$38,00042.1%
Henning45-20%$51,500$25,000106%
Olivet10825%$50,500$32,00057.8%
Georgetown614438.6%$44,000$41,5505.9%

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