The housing market in Alexandria, TN is booming! The median value of a house in Alexandria is $254,600 – much lower than the US median value of $338,100. This affordability has certainly been attractive to many potential buyers, as the house appreciation rate over the past year has been 15.74%, significantly higher than the US appreciation rate of 8.27%. With an increase in house value and demand from buyers, it's no surprise that Alexandria's housing market is thriving!
The median home cost in Alexandria is $254,600. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Alexandria is up 25.0%.
Average Age of Homes
- The median age of Alexandria real estate is 44 years old
The Rental Market in Alexandria
- Renters make up 29.5% of the Alexandria population
- 2.0% 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.