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Alexander, AR—72002

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$245,000
1.3% YoY Growth
Household Income
$78,300
31.6% YoY Growth
Days on Market
65
2.0% Longer YoY
Home Price Forecast
1.3%
Median Rent
$1,640
10.6% YoY Growth
1-Bed Rent
$1,080
N/A
2-Bed Rent
$800
N/A
3-Bed Rent
$1,600
10.4% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Alexander, AR

As of Dec '25, the median home price in Alexander, AR is $245,000, with a year-over-year change of 1.3%. This indicates that home prices in Alexander, AR are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$245,0001.3%
Single Family $245,0002.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$223,0002.3%
    4 Bed
    		$359,0001.4%
    5 Bed $566,2440.8%
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    % of Housing Stock

    Studio
    0.1%
    1 Bedroom
    2.2%
    2 Bedrooms
    11.7%
    3 Bedrooms
    60.4%
    4 Bedrooms
    23.0%
    5+ Bedrooms
    2.5%

    Rental Trends — Alexander, AR

    As of July '25, Rentcast reports the average rent in Alexander, AR is $1,780, with a year-over-year rent change of 10.6%. Per bedroom, the median rent as of July '25 in Alexander, AR is 1-bedrooms: $1,080, 2-bedrooms: $838, 3-bedrooms: $1,700, 4-bedrooms: $1,950. The most common rental property sizes in Alexander, AR are 3-bedroom and 2-bedroom, accounting for 45.2% and 28.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,640$1,780
    Studio Rent N/AN/A
    1 Bed Rent $1,080$1,080
    2 Bed Rent $800$838
    3 Bed Rent $1,600$1,700
    4 Bed Rent $1,700$1,950
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    % of Rental Stock

    1 Bedroom
    7.9%
    2 Bedrooms
    28.1%
    3 Bedrooms
    45.2%
    4 Bedrooms
    17.8%
    5+ Bedrooms
    1.0%

    Property Listings — Alexander, AR

    As of Dec '25, Realtor.com reports that the median days on market for a home in Alexander, AR is 54. This is a increase of 7.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$378,0002.0%
    Listing Count
    		96-9.0%
    Listings as % of Homes0.8%-9.0%
    Days on Market
    		652.0%
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    Demographics — Alexander, AR

    As of the latest ACS Survey released in 2023, Alexander, AR has a population of 21,400, which has increased by 23.3% over the past 5 years. Alexander, AR is a popular place for families, as children make up 29.2% of the population. The area has a moderately educated workforce, with 28.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		21,40023.3%
    % Under 18
    		29.2%11.9%
    % Seniors
    		11.6%22.1%
    % WFH
    		10.8%350.0%
    % w/ College Degree
    		28.0%11.6%
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    As of the latest ACS Survey released in 2023, Alexander, AR is a predominantly white area, with 65.0% of the population identifying as white. The white population has shrunk by 12.9% in the last 5 years. The second most common race or ethnicity in Alexander, AR is black, making up 20.3% of the population. Foreign-born residents account for 5.8% of the population in Alexander, AR, and this percentage has increased by 11.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		65.0%-12.9%
    % Black
    		20.3%55.0%
    % Hispanic
    		9.8%4.3%
    % Asian
    		0.2%-50.0%
    % Foreign Born
    		5.8%11.5%
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    Mortgage and Risk — Alexander, AR

    According to HUD data as of 2023, there were 387 mortgage originations in Alexander, AR, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Alexander, AR. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		387
    % Conventional Loans
    		63.0%
    % Government Loans
    		37.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		9.0%
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    Rentals and Section 8 — Alexander, AR

    As of 2024, the percent of homes in Alexander, AR under the Section 8 program is 2.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Alexander, AR, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		29
    Total Units Section 8
    		26
    % Rentals under Section 8
    		2.2%
    % Occupied Section 8
    		66.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$210$1,080$870
    2 Bedroom$210$800$1,010
    3 Bedroom-$250$1,600$1,350
    4 Bedroom-$110$1,700$1,590

    Affordability — Alexander, AR

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3
    Median Home Price$245,000
    Median Household Income$78,300

    Alexander, AR — ZIP Code Boundary Map

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    Frequently Asked Questions