Is Alexander County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$263,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Alexander County was $263,000 in March 2024, down 0.7% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $186.2K | -25.5% |
2 Bedrooms | $160K | $162.5K | +1.6% |
3 Bedrooms | $270K | $287K | +6.3% |
4 Bedrooms | $441K | $345K | -21.8% |
5+ Bedrooms | $320K | $305K | -4.7% |
Summary: Alexander County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.5%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 21.8%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Counties
Catawba County | $266.1K | $289.6K | +8.9% |
Caldwell County | $225K | $241.6K | +7.4% |
Wilkes County | $248.7K | $265.1K | +6.6% |
Iredell County | $378.3K | $383K | +1.2% |
Alexander County | $264.9K | $263K | -0.7% |
Housing Supply in Alexander County, NC
How many homes are available in Alexander County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
92 | 105 | +14.1% |
Summary: The Alexander County real estate market had 105 homes for sale in March 2024, a 14.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 20 | 28 | +40.0% |
3 Bedrooms | 59 | 63 | +6.8% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Alexander County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Alexander County in March 2024, up by 13.3% month-over-month. Of the 17 sold homes, 47% were sold under asking, 6% were sold at asking, and 47% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 33 Days | -28.0% |
Summary: Homes in Alexander County had an average of 33 days on market in Mar 2024, down by 28% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Alexander County; 53% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.