Is Alexander County, NC 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, Alexander County was a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $186.2K | -25.5% |
2 Bedrooms | $160K | $167.5K | +4.7% |
3 Bedrooms | $265K | $290.5K | +9.6% |
4 Bedrooms | $449.7K | $389.9K | -13.3% |
5+ Bedrooms | $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 | $221.6K | $243.9K | +10.1% |
Catawba County | $269.6K | $289.7K | +7.5% |
Wilkes County | $248.4K | $265K | +6.6% |
Alexander County | $258.5K | $272.5K | +5.4% |
Iredell County | $379.2K | $383.6K | +1.2% |
Housing Supply in Alexander County, NC
How many homes are available in Alexander County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
104 | 115 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 28 | 25 | -10.7% |
3 Bedrooms | 61 | 71 | +16.4% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 2 | 4 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 19 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 44 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
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.