The housing market in Alexandria, LA is quite different than the national average. The median value of a house in Alexandria, LA is $153,000, which is significantly lower than the US House Median Value of $338,100. While the US House Appreciation rate over the last year was 8.27%, in Alexandria, LA it was only 0.82%. This suggests that there has been little appreciation in housing values in Alexandria, LA over the past year and that it remains an affordable option for potential homebuyers.
The median home cost in Alexandria is $153,000. Home appreciation the last 10 years has been 36.9%. Home Appreciation in Alexandria is up 8.6%.
Average Age of Homes
- The median age of Alexandria real estate is 47 years old
The Rental Market in Alexandria
- Renters make up 38.3% of the Alexandria population
- 3.5% 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.