Real Estate in Alexandria, AL
Updated 2026 • Housing market data from 1 zip code • Redfin data through January 2026
📊 Alexandria, AL Market Activity
The Alexandria housing market shows a median sale price of $210,000, 4.0% higher than last year. The price per square foot is $130, below the national median of ~$215/sqft, up 2.0% year-over-year. Homes in Alexandria spend a median of 87 days on market, longer than the national median of 42 days — giving buyers more negotiation room.
🏘️ Alexandria Rental Market
The average rent in Alexandria, AL is $1,132 per month. , while a 3-bedroom home averages $1,300/month.
📦 Alexandria Housing Supply & Demand
There are 12 new listings and 12 active properties on the market.
🏆 Alexandria Market Competitiveness
Homes in Alexandria sell for an average of 98.0% of their asking price. About 22% of properties sell above list price, indicating moderate buyer competition.
On average, homes sell for 98.0% of the asking price
22% of sales closed above asking, % at or below
📋 Housing Overview
Alexandria, AL Housing Market Insights
Delve into the specifics of the real estate market in this area. Understanding key metrics such as the median home price of 249900, the balance between renting (12%) and owning (88%), and a population of 3748 provides valuable insights for potential buyers, sellers, and investors. It is important to note that neighborhood characteristics can vary drastically, and decisions should not solely rely on data available without visiting. Many factors can differ, so do consider inspecting areas in-person to avoid potential mismatches in choice.
Rent vs. Buy Analysis
With a median home price of $249,900 and average rents of $1,132/month, the median household income of $95,039 provides context for affordability in Alexandria. Whether you're looking to buy property in Alexandria or invest in Alexandria real estate, understanding the price-to-rent ratio helps determine if renting or owning makes more financial sense for your situation.
Economy & What Drives Alexandria Real Estate
Real estate values in Alexandria, AL are driven by local employment, school quality, and quality of life. The cost of living index of 85.0 (U.S. average = 100) reflects the overall affordability of the area. With a median household income of $95,039, residents have above-average purchasing power. Proximity to major employers, universities, and transportation corridors directly influences home values and demand across Alexandria neighborhoods.
Pros & Cons
Pros
- •Historical sites to explore
- •Growing local economy
- •Friendly community atmosphere
- •Diverse dining options
- •Access to outdoor activities
- •Local festivals and events
- •Less traffic congestion
- •Family-friendly parks available
- •Affordable housing options
- •Nearby lakes for recreation
Cons
- •Healthcare facilities are not strong
- •Higher crime rates reported
- •Limited nightlife options
- •Struggles with economic growth
- •Political views can be polarized
- •Less public transportation available
- •Limited kids' activities
- •Issues with racial diversity
- •Job market is competitive
- •Lower-ranked school systems
Frequently Asked Questions
What is the cost of living in Alexandria, AL? ▼
The cost of living in Alexandria, AL is 15% lower than the national average, with a cost of living index of 85 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Alexandria, AL? ▼
In Alexandria, AL, The median home price is $249,900. requiring approximately $96,407 annual income to afford. Average rent is $1,132/month (requiring ~$45,267/year income). The local median household income is $95,039, making homeownership attainable for typical residents. Explore Alexandria real estate data →
Is Alexandria, AL a safe place to live? ▼
Alexandria, AL is relatively safe, with crime rates below the national average. The crime rate is 6.7 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Alexandria crime statistics →
What salary do you need to live comfortably in Alexandria, AL? ▼
To live comfortably in Alexandria, AL and afford a median-priced home of $249,900, you would typically need a household income of $62,475 to $78,094 per year. The local median household income is $95,039. Renting requires approximately $45,267/year (at $1,132/month). See full affordability analysis →
Is Alexandria, AL growing? ▼
Alexandria, AL has a population of 3,748. As a smaller community, population trends depend on local housing development, job growth, and quality of life factors. The affordable housing market and strong job market attract new residents. See Alexandria population demographics →
What are the best neighborhoods in Alexandria, AL? ▼
The best neighborhoods in Alexandria, AL depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods throughout the city offer good value since the median home price of $249,900 is below the national average. Explore Alexandria on our interactive map →
What is the commute like in Alexandria, AL? ▼
Commute times in Alexandria, AL vary by neighborhood and workplace location. As a smaller community, residents typically drive, as public transit is limited. The affordable cost of living may allow for housing closer to employment centers. Explore commute times on our map →
How are the taxes in Alexandria, AL? ▼
Tax rates in Alexandria, AL include state and local components. The cost of living index of 85 suggests a lower overall tax and expense burden cost environment compared to the national average. View detailed Alexandria tax information →
How does Alexandria, AL compare to nearby cities? ▼
Alexandria, AL offers a more affordable alternative to nearby communities. With a cost of living index of 85, median home prices of $249,900, and a crime rate of 6.67 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Alexandria, AL? ▼
Weather in Alexandria, AL varies by season. Climate data varies by season. View detailed Alexandria climate & environment data →
Is it better to rent or buy in Alexandria, AL? ▼
With a median home price of $249,900 and average rents of $1,132/month, the price-to-rent ratio in Alexandria is 18.4x. This suggests buying is reasonable for those planning to stay 5+ years. See full cost analysis →
What is the price per square foot in Alexandria, AL? ▼
The median price per square foot in Alexandria is $130, which is 40% below the national median of ~$215/sqft. This reflects the area's demand, construction costs, and proximity to employment centers.
How fast do homes sell in Alexandria, AL? ▼
Homes in Alexandria spend a median of 87 days on market before going under contract. This indicates homes take longer than the national median of 42 days, giving buyers more negotiating room. View full market data →
Explore More About Alexandria, AL
📅 Last Updated: January 2026
Sources: U.S. Census Bureau, Zillow, Redfin