$59,000
1.00 Acres
Land
#24041595, Jana Parish, Listing Office: Superior Real Estate, Inc.
Is Alexander, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Alexander was a Buyer's Market.
Key Takeaway
Alexander is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alexander, AR
How much do homes in Alexander, AR cost?
Median Sold Price
$226,000
$150/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$72,650(-24.3%)
Key Takeaway
Homes in Alexander have sold for 24.3% less than they did a month ago.
Summary: The median home sold price in Alexander was $226,000 in October 2024, down 24.3% from last month, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $229K | N/A |
| 3 Bedrooms | $201.7K | $221.5K | +9.8% |
| 4 Bedrooms | $319.6K | $230.9K | -27.8% |
| 5+ Bedrooms | $567.5K | - | N/A |
Summary: Alexander housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Shannon Hills | $167.5K | $176K | +5.1% |
| Bryant | $216K | $219.9K | +1.8% |
| Bryant Township | $214K | $204.9K | -4.2% |
| Alexander | $298.6K | $226K | -24.3% |
| Owen Township | $370K | $220K | -40.5% |
Housing Supply in Alexander, AR
How many homes are available in Alexander, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 102 | 110 | +7.8% |
Summary: The Alexander real estate market had 110 homes for sale in October 2024, a 7.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 55 | 58 | +5.5% |
| 4 Bedrooms | 36 | 41 | +13.9% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Alexander housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 28 | +100.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alexander, expect to pay close to the asking price. 53.8% of homes here sold near the asking price last month.
Summary: A total of 28 homes were sold or pending in Alexander in October 2024, up by 100.0% month-over-month. Of the 26 sold homes, 38% were sold under asking, 54% were sold at asking, and 8% were sold over asking.
Days on Market for Alexander, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.