Bismarck, ND
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA all-transactions · 1986 Q3 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is bismarck on the rankings
The index
Real and nominal, first quarter of the series = 100; the shaded band is 2007 to 2012.
How this is measured
Real terms deflate each quarter by that year's US CPI, stated in 2024 dollars; the CPI runs to 2024, so later quarters sit at 2024 prices until the next print. All-transactions includes refinance appraisals as well as sales; FHFA publishes purchase-only for the 100 largest metro areas only, and this is not one of them.
One year
One year real +6.2%
nominal +6.2%
Five years
Five years real +15.6%
nominal +33.8%
Ten years
Ten years real +14.0%
nominal +49.0%
Twenty-five years
Twenty-five years real +87.0%
nominal +231.2%
Since 2000
Since 2000 real +89.8%
nominal +245.7%
2007 to 2012
crash, real −3.0%
2007Q4 to 2011Q1
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 413.8 | 413.8 | real year on year +4.2% |
| 2025 Q4 | 397.1 | 397.1 | real year on year +2.9% |
| 2024 Q4 | 385.9 | 385.9 | real year on year +2.0% |
| 2023 Q4 | 367.5 | 378.3 | real year on year +1.2% |
| 2022 Q4 | 348.9 | 373.9 | real year on year −2.7% |
| 2021 Q4 | 332.1 | 384.4 | real year on year +6.7% |
| 2020 Q4 | 297.2 | 360.2 | real year on year +1.3% |
| 2019 Q4 | 289.7 | 355.5 | real year on year +2.3% |
| 2018 Q4 | 278.2 | 347.5 | real year on year −3.8% |
| 2017 Q4 | 282.1 | 361.1 | real year on year −2.1% |
| 2016 Q4 | 282.2 | 368.8 | real year on year −0.7% |
| 2015 Q4 | 280.6 | 371.4 | real year on year +4.3% |
| 2014 Q4 | 268.7 | 356.1 | real year on year +4.2% |
| 2013 Q4 | 253.7 | 341.6 | real year on year +9.2% |
| 2012 Q4 | 229.1 | 313.0 | real year on year +11.2% |
| 2011 Q4 | 201.9 | 281.6 | real year on year +1.5% |
| 2010 Q4 | 192.9 | 277.5 | real year on year +0.3% |
| 2009 Q4 | 189.2 | 276.6 | real year on year +0.3% |
| 2008 Q4 | 189.2 | 275.7 | real year on year −1.6% |
| 2007 Q4 | 185.3 | 280.3 | real year on year +3.2% |
| 2006 Q4 | 174.6 | 271.6 | real year on year +3.9% |
| 2005 Q4 | 162.7 | 261.4 | real year on year +4.2% |
| 2004 Q4 | 151.0 | 250.8 | real year on year +5.5% |
| 2003 Q4 | 139.4 | 237.7 | real year on year +1.1% |
| 2002 Q4 | 134.8 | 235.1 | real year on year +4.5% |
| 2001 Q4 | 127.0 | 225.1 | real year on year +1.2% |
| 2000 Q4 | 122.1 | 222.5 | real year on year +1.6% |
| 1999 Q4 | 116.2 | 218.9 | real year on year −1.4% |
| 1998 Q4 | 115.4 | 222.1 | real year on year +3.8% |
| 1997 Q4 | 109.5 | 214.0 | real year on year +0.7% |
| 1996 Q4 | 106.2 | 212.4 | real year on year −0.9% |
| 1995 Q4 | 104.2 | 214.5 | real year on year +2.4% |
| 1994 Q4 | 98.9 | 209.4 | real year on year +3.0% |
| 1993 Q4 | 93.6 | 203.2 | real year on year +2.5% |
| 1992 Q4 | 88.7 | 198.3 | real year on year +1.8% |
| 1991 Q4 | 84.6 | 194.8 | real year on year −0.9% |
| 1990 Q4 | 81.9 | 196.6 | real year on year −3.0% |
| 1989 Q4 | 80.1 | 202.7 | real year on year −2.6% |
| 1988 Q4 | 78.5 | 208.2 | real year on year −5.8% |
| 1987 Q4 | 80.0 | 221.0 | real year on year −1.6% |
| 1986 Q4 | 78.5 | 224.6 | — |
2026 Q2414 · real 414real year on year +4.2%
2025 Q4397 · real 397real year on year +2.9%
2024 Q4386 · real 386real year on year +2.0%
2023 Q4367 · real 378real year on year +1.2%
2022 Q4349 · real 374real year on year −2.7%
2021 Q4332 · real 384real year on year +6.7%
2020 Q4297 · real 360real year on year +1.3%
2019 Q4290 · real 355real year on year +2.3%
2018 Q4278 · real 348real year on year −3.8%
2017 Q4282 · real 361real year on year −2.1%
2016 Q4282 · real 369real year on year −0.7%
2015 Q4281 · real 371real year on year +4.3%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 13900. Real terms by the World Bank's US consumer price index, annual.