Is Alexandria, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alexandria is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Alexandria was a Buyer's Market.

Key Takeaway

Alexandria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Alexandria, IN

How much do homes in Alexandria, IN cost?

Median Sold Price

$150,000

$87/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$7,500(+5.3%)

Key Takeaway

Homes in Alexandria have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Alexandria was $150,000 in April 2024, up 5.3% from last year, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$59K
N/A
2 $126.5K$74.9K
-40.8%
3 $139.5K$149.5K
+7.2%
4 $190K$200K
+5.3%
5+ $230K$275K
+19.6%

Summary: Alexandria housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 40.8%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 19.6%.

Median Sold Price Compared To Nearby Cities

Alexandria
+5.3%
Monroe Township
-12.2%

Housing Supply in Alexandria, IN

How many homes are available in Alexandria, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3640+11.1%

Summary: The Alexandria real estate market had 40 homes for sale in April 2024, a 11.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 2021
+5.0%
4 78
+14.3%
5+ 33
0.0%

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 33.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alexandria, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Alexandria in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.

Days on Market for Alexandria, IN

How long does it take to sell a home in Alexandria, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
3 Days32 Days+860.0%

Summary: Homes in Alexandria had an average of 32 days on market in Apr 2024, up by 860% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 9 homes were sold in Alexandria; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% 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 4 Days Ago

Newest Listings in Alexandria, IN

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