Erik Peterson
Alexander, ND 58831
Single-Family Homes
PROVEN REALTY Brokered by eXp REALTY 701-369-3949
Alexander, ND 58831
Sat Nov 01 2025
This week the median list price for Alexander, ND 58831 is $999,000 with the market action index hovering around 25. This is an increase over last month's market action index of 24. Inventory has decreased to 3.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Home sales have been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.
Real-Time Market Profile
| Median List Price | $999,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $258 | |
| Average Days on Market | 91 | |
| Median Days on Market | 105 | |
| Price Decreased | 67% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 3 | |
| Median Rent | ||
| Market Action | 25 | |
| Slight Buyer's Advantage | ||
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,800,000 | 5,520 | N/A | 5 | 1.5 | 66 | 0 | 0 | 105 |
| $999,000 | 3,920 | N/A | 4 | 3.5 | 3 | 0 | 0 | 112 |
| $427,000 | 1,652 | 5 - 10 acres | 3 | 2 | 5 | 0 | 0 | 56 |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |