Is Alexander, NC 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 December 2023

At the same time last year, 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, NC

How much do homes in Alexander, NC cost?

Median Sold Price

$400,000

$277/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$15,000(-3.6%)

Key Takeaway

Homes in Alexander have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in Alexander was $400,000 in December 2024, down 3.6% from last year, and the median price per square foot was $277.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $322.5K$350K
+8.5%
3 $395K$399.5K
+1.1%
4 $624K$1.5M
+148.4%
5+ $1.6M-
N/A

Summary: Alexander housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 148.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Leicester
+14.2%
Leicester Township
+5.1%
Woodfin
+5.1%
French Broad Township
+2.3%
Alexander
-3.6%

Housing Supply in Alexander, NC

How many homes are available in Alexander, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
14140.0%

Summary: The Alexander real estate market had 14 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1010
0.0%
4 00
0.0%
5+ 22
0.0%

Summary: The Alexander housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Alexander in December 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Alexander, NC

How long does it take to sell a home in Alexander, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
35 Days108 Days+206.1%

Summary: Homes in Alexander had an average of 108 days on market in Dec 2024, up by 206.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Alexander are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 3 homes were sold in Alexander; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

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

Report Updated 2 Days Ago

Newest Listings in Alexander, NC

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