Median Home Price
$352,674.51
Median Rent
$1,306.51/mo
Price-to-Rent RatioBETTER
22.5
Property Tax RateTIE
0.98%
Price Change (1Y)BETTER
+4.8%
Price Change (5Y)BETTER
+24.1%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$147,984
Median Home PriceBETTER
$326,438.68
Median RentBETTER
$1,160.86/mo
Price-to-Rent Ratio
23.4
Property Tax RateTIE
0.98%
Price Change (1Y)
+3.1%
Price Change (5Y)
+15.8%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$208,518
Key Differences
Home Prices
Bismarck's median home price of $352,674.51 is higher than West Fargo's $326,438.68 by 8%.
Monthly Rent
Renting in Bismarck costs $1,306.51/mo compared to $1,160.86/mo in West Fargo—a difference of $145.65/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.