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Bismarck, ND - House Price Index (HPI) - 22 Year Chart
Bismarck Real Estate Market
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The House Price Index (HPI) shows changes in Bismarck, ND single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Tuesday, April 17, 2012. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
Bismarck Real Estate Index: 22 Year Chart
Home Values Appreciation Rate - US Cities
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Bismarck Real Estate Market: Trend, Analysis & Statistics
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Commentary  10097
4th Quarter, 2011 Housing Statistics: Bismarck, North Dakota


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      89%

Forecast-Chart.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Bismarck housing market for the 12
months ending with the 4th Quarter of 2012 is UP. The Accuracy of the Trend
Forecast for Bismarck is 89%. In other words, when tested against historical
data, the forecasting methodology was correct 89% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Bismarck is 89% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2012 than they were in the 4th
Quarter of 2011. Check this page each quarter for updates to the Bismarck
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      95%

The forecast for the trend in the Bismarck housing market for the 3 years
ending with the 4th Quarter of 2014 is UP. The Accuracy of the Trend Forecast
for Bismarck is 95%. In other words, when tested against historical data, the
forecasting methodology was correct 95% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Bismarck is 95% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2014 than they were in the 4th
Quarter of 2011. Check this page each quarter for updates to the Bismarck
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Bismarck, North Dakota


Historical Home Price Appreciation
Last Quarter                                     -0.16%
Last Year . . . . . . . . . . . . . . . . . . . .  4.6%
Last 5 Years                                     16%
Last 10 Years . . . . . . . . . . . . . . . . . 59%
Last 20 Years                                   140%
Decline From All Time High               0.16%


Annual Home Price Appreciation Rates
1982        n/a
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987      2.61%
1988      -2.60%
1989      2.10%
1990      3.09%
1991      2.92%
1992      5.02%
1993      5.57%
1994      5.86%
1995      5.17%
1996      1.51%
1997      3.69%
1998      5.21%
1999      0.98%
2000      4.82%
2001      4.37%
2002      6.22%
2003      3.28%
2004      7.94%
2005      8.64%
2006      6.66%
2007      6.60%
2008      2.00%
2009      0.05%
2010      1.99%
2011      4.55%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.16%        Rank: 254 of 381 (33rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  4.6%           Rank: 2 of 381 (99th Percentile)
Last 5 Years                              16%            Rank: 3 of 381 (99th Percentile)
Last 10 Years  . . . . . . . . . . . .   59%            Rank: 10 of 381 (97th Percentile)
Last 20 Years                            140%          Rank: 21 of 355 (94th Percentile)
Decline From All Time High        0.16%

Home Price appreciation rates for Bismarck, ND are shown above for five time
periods. For example: Bismarck appreciated -0.16% in the Last Quarter. At that
rate, the Bismarck Real Estate Market was ranked 254th out of 381
metropolitan areas for Real Estate Appreciation. Bismarck was in the 33rd
percentile. So Bismarck, ND performed better in the Last Quarter than 33% of
the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Bismarck, North Dakota

The all time high in the Bismarck Home Price Index was 204.8 in the 3rd
Quarter, of 2011. The 4th Quarter, 2011 index value was 204.5. That's a
decline of 0.32 points or 0.16% below the Bismarck Home Price Index all time
high.  The Home Price Index indicates that the Bismarck Market is up 59% over
the last 10 years. Home prices in the Bismarck Real Estate Market have gained
4.55% over the last 12 months.

The 4th Quarter index value was 0.32 points lower than the 3rd Quarter, 2011
index value of 204.78, resulting in a 0.16% decline for the 4th Quarter in the
Bismarck Market.

The Bismarck Home Price Index declined in the last quarter after increasing in
the previous 6 quarters. The current record holder for consecutive declines in
the Home Price Index is Las Vegas, NV, with declines in the last 20 consecutive
quarters. The current record holders for consecutive increases in the Home
Price Index are Wheeling, WV; Washington, DC; St. Cloud, MN and Grand
Forks, ND, with increases in the last 4 consecutive quarters.

The highest annual home appreciation rate in the Bismarck Real Estate Market
was 9% in the twelve months ended with the 1st Quarter of 2006. The worst
annual home appreciation rate in the Bismarck Market was -4% in the twelve
months ended with the 1st Quarter of 1989.

The highest home appreciation in the Bismarck Real Estate Market over a three
year period was 27% in the three years ended with the 1st Quarter of 2007.
The worst home appreciation over a three year period in the Bismarck Market
was -1% in the three years ended with the 1st Quarter of 1990.

This page provides a long term graph of the Bismarck Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about Bismarck Home Prices, look at the links
under that chart. One link opens a long term chart of historical appreciation
rates for the Bismarck Real Estate Market. Another opens a forecast for
appreciation rates in the state of North Dakota. Just one glance at
Forecast-Chart.com's long term charts can provide tremendous insight into the
historical trends of residential property values. Bookmark this page! Then
Forecast-Chart.com's detailed research and statistics about Bismarck Home
Prices will be at your fingertips when you need them.

Historical data on the Bismarck Home Price Index is available back to the 4th
Quarter, of 1986. All calculations are based on the quarterly value of the House
Price Index for the Bismarck Market. The terms House Price Index and Home
Price Index, as used in this site, refer to the Federal Housing Finance Agency
(FHFA) House Price Index.

Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Bismarck Real Estate Market and hundreds
of other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.



Part 4: APPRECIATION RATES & RANKINGS
4th Quarter, 2011 Housing Data: Bismarck, North Dakota

The appreciation of Bismarck Home Prices relative to 380 other metropolitan
areas is detailed below. Each metropolitan area contains one or more cities.
Five different time periods are reviewed.  Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period.

Last Quarter:
During the 4th Quarter of 2011, Bismarck Home Prices had a rank of 254, with
appreciation of -0.16%. The top performing real estate market during the 4th
Quarter was Vineland, NJ, with appreciation of 6.09%. The worst market during
that period was Valdosta, GA, with appreciation of -5.24%.
The median appreciation for all cities during the 4th Quarter was 0.24%. The
average appreciation for all markets during the quarter was 0.29%.

Last Year:
During the last 12 months, Bismarck Home Prices had a rank of 2, with
appreciation during the year of 4.55%. The top performing market during the
last year was Midland, TX, with appreciation of 4.7%. The worst real estate
market during that period was Carson City, NV, with appreciation of -18.1%.
The median appreciation for all markets during this period was -2.61%. The
average appreciation was -2.93%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2011, Bismarck Home Prices
ranked 3, with a total appreciation of 16.0%. The top performing real estate
market during the 5 year period was Midland, TX, with appreciation of 23%. The
worst market during that period was Merced, CA, with appreciation of -62%.
The median appreciation for all cities during this time period was -7%. The
average appreciation over the 5 years was -11%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2011, Bismarck Home Prices
had a rank of 10, with appreciation during the decade of 59%. The top
performing market during the period was Midland, TX, with appreciation of 92%.
The worst real estate market during the 10 year time period was Detroit, MI, with
appreciation of -29%.
The median appreciation for all markets during the last 10 years was 24%. The
average appreciation for the cities over that time frame was 25%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2011, Bismarck Home Prices
had a rank of 21, with total appreciation over the 20 year period of 140%. The
top performing real estate market during the period was Casper, WY, with
appreciation of 222%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 5%.
The median appreciation for all cities during the last 20 years was 85%. The
average appreciation for the markets over that time frame was 87%.

Historical research data on the Home Price Index for the Bismarck Real Estate
Market is available back to the 4th Quarter, of 1986. All calculations are based
on the quarterly value of the House Price Index for Bismarck. Real estate
appreciation figures represent total appreciation over each time period. (Unless
specifically stated, the appreciation figures do not represent annual or quarterly
rates of appreciation.)




























































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