Is Alexander County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$276,625
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Alexander County was $276,625 in June 2024, up 6.4% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $141.2K | -43.5% |
2 Bedrooms | $160K | $192K | +20.0% |
3 Bedrooms | $269K | $298K | +10.8% |
4 Bedrooms | $435K | $410K | -5.7% |
5+ Bedrooms | $315.7K | $1.0M | +245.3% |
Summary: Alexander County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.5%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 245.3%.
Median Sold Price Compared To Nearby Counties
Caldwell County | $223.9K | $245.2K | +9.5% |
Catawba County | $274.9K | $294.8K | +7.2% |
Wilkes County | $249.9K | $267.6K | +7.1% |
Alexander County | $259.9K | $276.6K | +6.4% |
Iredell County | $373.8K | $387.1K | +3.6% |
Housing Supply in Alexander County, NC
How many homes are available in Alexander County, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
115 | 127 | +10.4% |
Summary: The Alexander County real estate market had 127 homes for sale in June 2024, a 10.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 28 | 26 | -7.1% |
3 Bedrooms | 71 | 81 | +14.1% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Alexander County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
24 | 20 | -16.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Alexander County in June 2024, down by 16.7% month-over-month. Of the 20 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
28 Days | 33 Days | +18.9% |
Summary: Homes in Alexander County had an average of 33 days on market in Jun 2024, up by 18.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 20 homes were sold in Alexander County; 65% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.