$5,343 Closing Credit*
$449,900
2,704 SqFt
3 Beds
•1 Full Bath
Listing Office: Counselor Realty Inc of Alex
Is Alexandria, MN 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, Alexandria has remained a Seller's Market.
Key Takeaway
Alexandria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alexandria, MN
How much do homes in Alexandria, MN cost?
Median Sold Price
$355,187
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,354(+6.4%)
Key Takeaway
Homes in Alexandria have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Alexandria was $355,187 in November 2024, up 6.4% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $111K | $159.9K | +44.1% |
| 2 Bedrooms | $290K | $279.9K | -3.5% |
| 3 Bedrooms | $310K | $336.2K | +8.5% |
| 4 Bedrooms | $379.9K | $387.5K | +2.0% |
| 5+ Bedrooms | $536.5K | $470.2K | -12.3% |
Summary: Alexandria housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.1%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 12.3%.
Median Sold Price Compared To Nearby Cities
| Alexandria | $333.8K | $355.1K | +6.4% |
| Alexandria Township | $337.5K | $355.1K | +5.2% |
| Carlos Township | $465K | $470K | +1.1% |
| La Grand Township | $388K | $392K | +1.0% |
Housing Supply in Alexandria, MN
How many homes are available in Alexandria, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 159 | 148 | -6.9% |
Summary: The Alexandria real estate market had 148 homes for sale in November 2024, a 6.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 31 | 35 | +12.9% |
| 3 Bedrooms | 59 | 53 | -10.2% |
| 4 Bedrooms | 42 | 35 | -16.7% |
| 5+ Bedrooms | 26 | 25 | -3.8% |
Summary: The Alexandria housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 12.9%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 27 | -22.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alexandria, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Alexandria in November 2024, down by 22.9% month-over-month. Of the 27 sold homes, 63% were sold under asking, 26% were sold at asking, and 11% were sold over asking.
Days on Market for Alexandria, MN
How long does it take to sell a home in Alexandria, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 57 Days | +57.9% |
Summary: Homes in Alexandria had an average of 57 days on market in Nov 2024, up by 57.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alexandria are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in Alexandria; 44% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
