Is Alexandria, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Alexandria was a Neutral Market.
Housing Prices in Alexandria, MN
How much do homes in Alexandria, MN cost?
Median Sold Price
$349,450
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Alexandria was $349,450 in April 2024, up 20.5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $122K | $95K | -22.1% |
2 Bedrooms | $250K | $303.5K | +21.4% |
3 Bedrooms | $259.9K | $315K | +21.2% |
4 Bedrooms | $350.5K | $370K | +5.6% |
5+ Bedrooms | $575K | $528.5K | -8.1% |
Summary: Alexandria housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.1%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Cities
Alexandria Township | $290K | $349.8K | +20.6% |
Alexandria | $289.9K | $349.4K | +20.5% |
La Grand Township | $334.5K | $388K | +16.0% |
Carlos Township | $465K | $509K | +9.5% |
Housing Supply in Alexandria, MN
How many homes are available in Alexandria, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
110 | 148 | +34.5% |
Summary: The Alexandria real estate market had 148 homes for sale in April 2024, a 34.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 28 | 36 | +28.6% |
3 Bedrooms | 27 | 38 | +40.7% |
4 Bedrooms | 30 | 42 | +40.0% |
5+ Bedrooms | 22 | 29 | +31.8% |
Summary: The Alexandria housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 40.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 31.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 21 | +90.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Alexandria in April 2024, up by 90.9% month-over-month. Of the 21 sold homes, 71% were sold under asking, 5% were sold at asking, and 24% were sold over asking.
Days on Market for Alexandria, MN
How long does it take to sell a home in Alexandria, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 30 Days | -56.9% |
Summary: Homes in Alexandria had an average of 30 days on market in Apr 2024, down by 56.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Alexandria; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.