Bismarck, ND Real Estate
According to census data in the year 2000 there were 24,162 housing units in Bismarck.
This represents a 20.6% growth from 20,038 in 1990.
Of those housing units, 24,160 were located in either urbanized areas or urban clusters, and 2 were located in what is classified as a rural area.
Homeownership rate in Bismarck is about 63.3%.
Bismarck's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Bismarck were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 12.50% |
| Two Bedrooms | 32.20% |
| Three Bedrooms | 30.10% |
| Four Bedrooms | 18.60% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $97,400 |
| Median Price asked for vacant units | $88,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.74 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $466 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 8.70% |
| Simple Mortgage | 53.40% |
| Debt Free | 30.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
