Alexandria Housing Market Report February 2025•Douglas County, Minnesota

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Housing Prices in Alexandria, MN

How much do homes in Alexandria, MN cost?

Housing Market Conditions

Is Alexandria, MN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Alexandria is a Seller's Market

Difference Since February 2024

At the same time last year, Alexandria was a Neutral Market.

Insight

Alexandria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$355,750$173/SqFt
+$16,750
+4.9%

Based on all homes sold in the last 12 months

Insight

Homes in Alexandria have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Alexandria was $355,750 in February 2025, up 4.9% from last year, and the median price per square foot was $173.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Alexandria
+4.9%
Alexandria Township
+4.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$105K$139.9K
+33.3%
2$297.4K$279.9K
-5.9%
3$304.2K$338.7K
+11.3%
4$377.4K$391.5K
+3.7%
5$507.5K$479K
-5.6%

Summary: Alexandria housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +33.3%. The home price for 2 bedroom homes decreased by -5.9%. The home price for 3 bedroom homes increased by +11.3%. The home price for 4 bedroom homes increased by +3.7%. The home price for 5 bedroom homes decreased by -5.6%.

How does Alexandria, MN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Alexandria, MN

Housing supply in Alexandria, MN

How many homes are available in Alexandria, MN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
97Last MonthFeb 2025
962 months agoJan 2025
+1.0 %
Change MoMJan – Feb

Summary: The Alexandria real estate market had 97 homes for sale in Feb 2025, a 1.0 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
19Last MonthFeb 2025
202 months agoJan 2025
-5.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
121
-50.0%
21726
+52.9%
33126
-16.1%
43231
-3.1%
51413
-7.1%

Summary: Alexandria housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes increased by +52.9%. The inventory for 3 bedroom homes decreased by -16.1%. The inventory for 4 bedroom homes decreased by -3.1%. The inventory for 5 bedroom homes decreased by -7.1%.

Asking Price vs. Sold Price

How much do homes in Alexandria, MN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price2 Homes

Under Asking Price15 Homes

Insight

If you're buying a home in Alexandria, you may be able to get a good deal. 78.9% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Alexandria in February 2025, down by 5.0% month-over-month. Of the 19 sold homes, 79% were sold under asking, 11% were sold at asking, and and 11% were sold over asking.

Days on Market for Alexandria, MN

How long does it take to sell a home in Alexandria, MN?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days6 Homes

Over 90 Days9 Homes

Insight

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

Summary: During February 2025, 19 homes were sold in Alexandria; 21% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
74 DaysThis YearFeb 2025
58 Days1 year agoFeb 2024
+26.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Alexandria had an average listing age of 74 days in Feb 2025, up by 26.8% compared to the previous year.

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Newest Listings in Alexandria, MN

What homes are available in Alexandria, MN?

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Last updated on: 3/12/2025, 11:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.