Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$268,040+6.7% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 23% have cut their price
Income needed to buy, per year$58,105About 0.9× the local median income ($66,198): affordable for a typical household
Days on market59 daysFaster than a year ago: sellers have the edge
Next 12 months+2.3%Zillow expects prices to rise slightly
The typical home in Alexander County, NC is worth $268,040, up 6.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $222,144, so the area is 20.7% overvalued. It is a balanced market, leaning toward buyers: homes take about 59 days to sell, listings are up 24% from a year ago, 23% of listings have had a price cut. Zillow expects prices to rise about 2.3% over the next year. A household needs about $58,105 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,198. In the latest IRS figures, 174 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$268,040
Change in 1 year
+6.7%
Overvalued %
+20.7%
Show 7 more
Fair home value
$222,144
Change in 5 years
+32.0%
Zillow forecast, next 12 months
+2.3%
Home value to income
4.0×
Monthly mortgage payment (20% down)
$1,453
Income needed to afford it
$58,105
Property tax rate
0.60%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,147
Market activity
Listings vs a year ago
+23.5%
Days on market
59
Listings with a price cut
23.4%
Show 3 more
Homes for sale
105
Pending sales per 100 listings
30
Asking price per sq ft
$215
People and jobs
Median household income
$66,198
Population change (1 year)
+0.6%
Unemployment rate
5.0%
Show 4 more
Population
36,958
Income adjusted for cost of living
$74,800
Net moves in (IRS)
+174
Cost of living (US = 100)
88.5
Schools, risk and environment
School rating (1 to 10)
6.8
FEMA hazard risk score (0 to 100)
45.8
Unhealthy air days a year
0
Show 4 more
Flood risk score
60.3
Wildfire risk score
28.1
Walkability (1 to 20)
5.2
Road, rail and air noise
55 dB
Questions people ask
Is Alexander County, NC overvalued?
Home prices in Alexander County, NC are well above what local incomes have historically supported: fair value is about $222,144, so the area is 20.7% overvalued.
Is Alexander County, NC a buyer's or seller's market?
Alexander County, NC is a balanced market, leaning toward buyers: homes take about 59 days to sell, listings are up 24% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Alexander County, NC?
Home values in Alexander County, NC are up 6.7% over the last year. Zillow's forecast for the next 12 months is +2.3%.
How much do you need to earn to buy a home in Alexander County, NC?
A household needs about $58,105 a year to afford the typical home in Alexander County, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,198.