$2,552 Closing Credit*
$214,900
1,334 SqFt
3 Beds
•2 Full Baths
#24044896, Heather Hern, Listing Office: IRealty Arkansas - Benton
Is Alexander, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Alexander has remained a Seller'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
$248,487
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,487(+14.0%)
Key Takeaway
Homes in Alexander have sold for 14% more than they did a year ago.
Summary: The median home sold price in Alexander was $248,487 in November 2024, up 14% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $159.5K | N/A |
| 3 Bedrooms | $200K | $215K | +7.5% |
| 4 Bedrooms | $324K | $379.9K | +17.2% |
| 5+ Bedrooms | $675K | $550K | -18.5% |
Summary: Alexander housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 18.5%.
Median Sold Price Compared To Nearby Cities
| Alexander | $218K | $248.4K | +14.0% |
| Shannon Hills | $167K | $187.7K | +12.4% |
Housing Supply in Alexander, AR
How many homes are available in Alexander, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 111 | 92 | -17.1% |
Summary: The Alexander real estate market had 92 homes for sale in November 2024, a 17.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 60 | 42 | -30.0% |
| 4 Bedrooms | 40 | 40 | 0.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Alexander housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 18 | -41.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alexander, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Alexander in November 2024, down by 41.9% month-over-month. Of the 17 sold homes, 53% were sold under asking, 24% were sold at asking, and 24% 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.