The housing market in Alexandria, NY is doing quite well compared to the US average. The median value of a house in Alexandria is $185,000, much lower than the US House Median Value of $338,100. However, the one-year house appreciation rate for Alexandria is 9.27%, slightly higher than the US average of 8.27%. This shows that housing in Alexandria is increasing in value at a faster rate than the national rate and could prove to be a great investment opportunity for aspiring homeowners or investors.
The median home cost in Alexandria is $185,000. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Alexandria is up 11.4%.
Average Age of Homes
- The median age of Alexandria real estate is 45 years old
The Rental Market in Alexandria
- Renters make up 12.8% of the Alexandria population
- 1.3% of houses and apartments in Alexandria, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.