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 seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Alexander County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Alexander County, NC cost?

Median Sold Price

$260,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$43,000(+19.8%)

Key Takeaway

Homes in Alexander County have sold for 19.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $101.2K$172K
+69.9%
2 $172.5K$150K
-13.0%
3 $217K$268.5K
+23.7%
4 $300K$345K
+15.0%
5+ $350K$400K
+14.3%

Median Sold Price Compared To Nearby Counties

Alexander County
+19.8%
Iredell County
+12.9%
Wilkes County
+12.9%
Caldwell County
+12.3%
Catawba County
+9.2%

How many homes are available in Alexander County, NC?

Number of Homes For Sale

Oct 2022Nov 2022%
8684-2.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 34
+33.3%
2 1212
0.0%
3 5850
-13.8%
4 914
+55.6%
5+ 44
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
1924+26.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 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. 41.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
16 Days32 Days+94.7%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

5 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.

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

About Alexander County, NC

Alexander County, NC has 84 homes on the market. The number of listings in Alexander County, NC decreased by 2.3% between October 2022 and November 2022. In November 2022, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $260,000. This housing market listing prices have changed between October 2022 and November 2022: 1 bedroom properties became 69.9% more expensive, the cost of 2 bedrooms properties went down by 13%, the cost of 3 bedrooms properties went up by 23.7%, prices of 4 bedrooms properties went up by 15%, prices of 5 bedrooms properties increased by 14.3%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went up by 33.3%, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went down by 13.8%, volume of 4 bedrooms homes went up by 55.6%, number of 5 bedrooms homes remained the same. In November 2022 more than 7 listings in Alexander County, NC were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 10 were sold below.

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