Is Alexander, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alexander is a 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

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$159.5K
N/A
3 $200K$215K
+7.5%
4 $324K$379.9K
+17.2%
5+ $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
+14.0%
Shannon Hills
+12.4%

Housing Supply in Alexander, AR

How many homes are available in Alexander, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11192-17.1%

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

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 6042
-30.0%
4 4040
0.0%
5+ 99
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 2024Nov 2024CHANGE
3118-41.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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

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

Report Updated 17 Days Ago

Newest Listings in Alexander, AR

Nearby Markets to Alexander, AR

What housing markets are near Alexander, AR?