Alexander City, AL—35010
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alexander City, AL
Alexander City, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $206,000 | 1.5% |
| Single Family | $202,000 | 2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $229,000 | 6.0% |
4 Bed | $655,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Alexander City, AL
As of July '25, Rentcast reports the average rent in Alexander City, AL is $1,700, with a year-over-year rent change of 36.0%. Per bedroom, the median rent as of July '25 in Alexander City, AL is 1-bedrooms: $680, 2-bedrooms: $1,100, 3-bedrooms: $2,230. The most common rental property sizes in Alexander City, AL are 2-bedroom and 3-bedroom, accounting for 33.3% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $680 | $680 |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $1,600 | $2,230 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Alexander City, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Alexander City, AL is 91. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $274,000 | -14.0% |
Listing Count | 116 | 5.0% |
| Listings as % of Homes | 0.5% | 5.0% |
Days on Market | 91 | 3.0% |
Demographics — Alexander City, AL
As of the latest ACS Survey released in 2023, Alexander City, AL has a population of 19,600, which has decreased by -4.9% over the past 5 years. Alexander City, AL is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,600 | -4.9% |
% Under 18 | 22.1% | 1.8% |
% Seniors | 21.2% | 6.0% |
% WFH | 3.8% | 81.0% |
% w/ College Degree | 17.7% | 6.6% |
As of the latest ACS Survey released in 2023, Alexander City, AL is a predominantly white area, with 59.4% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Alexander City, AL is black, making up 29.4% of the population. Foreign-born residents account for 2.6% of the population in Alexander City, AL, and this percentage has increased by 4.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 59.4% | -4.2% |
% Black | 29.4% | -9.3% |
% Hispanic | 4.9% | 19.5% |
% Asian | 0.7% | 0.0% |
% Foreign Born | 2.6% | 4.0% |
Mortgage and Risk — Alexander City, AL
According to HUD data as of 2023, there were 259 mortgage originations in Alexander City, AL, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Alexander City, AL. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 259 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 1.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Alexander City, AL
Alexander City, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 811 |
Total Units Section 8 | 334 |
% Rentals under Section 8 | 13.5% |
% Occupied Section 8 | 95.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $680 | $830 |
| 2 Bedroom | -$110 | $1,100 | $990 |
| 3 Bedroom | -$350 | $1,600 | $1,250 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Alexander City, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $206,000 |
| Median Household Income | $48,700 |