Alexander, NC—28701
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alexander, NC
As of Oct '25, the median home price in Alexander, NC is $427,000, with a year-over-year change of -2.3%. This indicates that home prices in Alexander, NC are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $427,000 | -2.3% |
| Single Family | $427,000 | -2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $326,000 | -5.0% |
3 Bed | $441,000 | -2.9% |
4 Bed | $612,000 | -1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Alexander, NC
As of July '25, Rentcast reports the average rent in Alexander, NC is $2,100, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Alexander, NC is 1-bedrooms: $1,500, 2-bedrooms: $1,480, 3-bedrooms: $2,340. The most common rental property sizes in Alexander, NC are 2-bedroom and 4-bedroom, accounting for 68.4% and 18.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $1,480 | $1,480 |
| 3 Bed Rent | $2,250 | $2,340 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Alexander, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Alexander, NC is 82. This is a increase of 18.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $524,000 | 7.0% |
Listing Count | 28 | 49.0% |
| Listings as % of Homes | 0.7% | 49.0% |
Days on Market | 82 | 18.0% |
Demographics — Alexander, NC
As of the latest ACS Survey released in 2023, Alexander, NC has a population of 5,520, which has increased by 71.1% over the past 5 years. Alexander, NC is a moderately popular place for families, as children make up 20.9% of the population. The area has a moderately educated workforce, with 41.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,520 | 71.1% |
% Under 18 | 20.9% | 4.5% |
% Seniors | 12.8% | -30.1% |
% WFH | 9.3% | -26.2% |
% w/ College Degree | 41.6% | 40.5% |
As of the latest ACS Survey released in 2023, Alexander, NC is a predominantly white area, with 86.0% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in Alexander, NC is hispanic, making up 6.7% of the population. Foreign-born residents account for 5.9% of the population in Alexander, NC, and this percentage has increased by 43.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.0% | -8.9% |
% Black | 0.0% | -100.0% |
% Hispanic | 6.7% | 235.0% |
% Asian | 0.3% | ∞% |
% Foreign Born | 5.9% | 43.9% |
Mortgage and Risk — Alexander, NC
Alexander, NC lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Alexander, NC
Alexander, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,500 | $1,380 |
| 2 Bedroom | $70 | $1,480 | $1,550 |
| 3 Bedroom | -$260 | $2,250 | $1,990 |
| 4 Bedroom | N/A | N/A | $2,630 |
Affordability — Alexander, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $427,000 |
| Median Household Income | $92,000 |