Is Alexander County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alexander County is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Alexander County was a Seller's Market.

Key Takeaway

Alexander County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Alexander County, NC

How much do homes in Alexander County, NC cost?

Median Sold Price

$272,500

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,000(+5.4%)

Key Takeaway

Homes in Alexander County have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Alexander County was $272,500 in April 2024, up 5.4% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $250K$186.2K
-25.5%
2 $160K$167.5K
+4.7%
3 $265K$290.5K
+9.6%
4 $449.7K$389.9K
-13.3%
5+ $315.7K$1.0M
+245.3%

Summary: Alexander County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.5%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 245.3%.

Median Sold Price Compared To Nearby Counties

Caldwell County
+10.1%
Catawba County
+7.5%
Wilkes County
+6.6%
Alexander County
+5.4%
Iredell County
+1.2%

Housing Supply in Alexander County, NC

How many homes are available in Alexander County, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
104115+10.6%

Summary: The Alexander County real estate market had 115 homes for sale in April 2024, a 10.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 2825
-10.7%
3 6171
+16.4%
4 1213
+8.3%
5+ 24
+100.0%

Summary: The Alexander County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1719+11.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alexander County, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Alexander County in April 2024, up by 11.8% month-over-month. Of the 19 sold homes, 47% were sold under asking, 21% were sold at asking, and 32% were sold over asking.

Days on Market for Alexander County, NC

How long does it take to sell a home in Alexander County, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days44 Days+12.7%

Summary: Homes in Alexander County had an average of 44 days on market in Apr 2024, up by 12.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Alexander County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 19 homes were sold in Alexander County; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Alexander County, NC

Nearby Markets to Alexander County, NC

What housing markets are near Alexander County, NC?