Market Overview
Home Prices in Alexander, AR
The median home value in Alexander, AR is $282,021 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Alexander are priced31% below average. Alexander is part of the Little Rock-North Little Rock-Conway, AR metro area.
Over the past five years, Alexander home values have risen by approximately19.9%, reflecting steady appreciation in this market.
Price History
Alexander Home Price Trend
City Comparison
Alexander vs. National Median
At $282,021, homes in Alexander cost 31% below the national median of $410,000. This makes Alexander a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Alexander?
20% Down Payment
$56,404
on $282,021
Monthly P&I
$1,471/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,868/mo
incl. taxes & insurance
Income Needed
$74,720
gross annual (30% rule)
10% Down Option
$28,202
+ PMI applies
Loan Amount (20% dn)
$225,617
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Alexander, AR?
The median home value in Alexander is $282,021 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Alexander?
Over the past year, home values in Alexander have increased by 3.3%. Over five years, prices have risen approximately 19.9%.
How much do I need to earn to buy a home in Alexander?
To comfortably afford the median home price of $282,021 with a 20% down payment ($56,404) at today's rates (6.8%), you'd need a gross annual income of approximately $74,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Alexander compare to the national average home price?
The national median home value is approximately $410,000. At $282,021, homes in Alexander are 31% below the national average.
What metro area is Alexander part of?
Alexander is part of the Little Rock-North Little Rock-Conway, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.