The housing market in Alexandria, LA (zip code 71301) is significantly lower than the national median. The median value of a house in 71301 is $138,000 compared to the national median of $338,100. Despite the US housing market appreciating 8.27% in the last year, Alexandria has only seen an appreciation of 0.82%. This could be due to many factors, such as decreased job opportunities leading to fewer home buyers or something else entirely. Regardless, it gives potential buyers more options when looking for a home in this area and may make it easier for them to find one that fits their budget.
The median home cost in Alexandria (zip 71301) is $138,000. Home appreciation the last 10 years has been 36.9%. Home Appreciation in Alexandria (zip 71301) is up 8.6%.
Average Age of Homes
- The median age of Alexandria (zip 71301) real estate is 59 years old
The Rental Market in Alexandria (zip 71301)
- Renters make up 40.7% of the Alexandria (zip 71301) population
- 3.4% of houses and apartments in Alexandria (zip 71301), 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.