Alexandria, KY—41001
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alexandria, KY
As of Oct '25, the median home price in Alexandria, KY is $328,000, with a year-over-year change of 2.6%. This indicates that home prices in Alexandria, KY are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $328,000 | 2.6% |
| Single Family | $337,000 | 4.0% |
| Condos | $226,000 | 0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $256,000 | 0.4% |
3 Bed | $302,000 | 3.4% |
4 Bed | $406,000 | 3.3% |
| 5 Bed | $477,000 | 2.6% |
% of Housing Stock
Rental Trends — Alexandria, KY
As of July '25, Rentcast reports the average rent in Alexandria, KY is $1,740, with a year-over-year rent change of -11.2%. Per bedroom, the median rent as of July '25 in Alexandria, KY is 1-bedrooms: $882, 2-bedrooms: $1,360, 3-bedrooms: $2,040, 4-bedrooms: $2,380. The most common rental property sizes in Alexandria, KY are 2-bedroom and 3-bedroom, accounting for 40.7% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $1,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $770 | $882 |
| 2 Bed Rent | $1,200 | $1,360 |
| 3 Bed Rent | $1,950 | $2,040 |
| 4 Bed Rent | $2,410 | $2,380 |
% of Rental Stock
Property Listings — Alexandria, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Alexandria, KY is 39. This is a decrease of -33.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $359,000 | 1.0% |
Listing Count | 65 | -21.0% |
| Listings as % of Homes | 0.8% | -21.0% |
Days on Market | 39 | -33.0% |
Demographics — Alexandria, KY
As of the latest ACS Survey released in 2023, Alexandria, KY has a population of 19,200, which has increased by 10.4% over the past 5 years. Alexandria, KY is a popular place for families, as children make up 25.4% of the population. The area has a moderately educated workforce, with 34.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,200 | 10.4% |
% Under 18 | 25.4% | 0.8% |
% Seniors | 16.4% | 14.7% |
% WFH | 16.5% | 258.7% |
% w/ College Degree | 34.6% | 12.3% |
As of the latest ACS Survey released in 2023, Alexandria, KY is a predominantly white area, with 93.2% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Alexandria, KY is hispanic, making up 1.7% of the population. Foreign-born residents account for 2.2% of the population in Alexandria, KY, and this percentage has increased by 120.0% 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 | 93.2% | -4.0% |
% Black | 1.4% | 1,300.0% |
% Hispanic | 1.7% | 70.0% |
% Asian | 1.6% | 300.0% |
% Foreign Born | 2.2% | 120.0% |
Mortgage and Risk — Alexandria, KY
According to HUD data as of 2023, there were 621 mortgage originations in Alexandria, KY, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Alexandria, KY. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 621 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Alexandria, KY
As of 2024, the percent of homes in Alexandria, KY under the Section 8 program is 10.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Alexandria, KY, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 68 |
Total Units Section 8 | 68 |
% Rentals under Section 8 | 10.1% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $770 | $990 |
| 2 Bedroom | $80 | $1,200 | $1,280 |
| 3 Bedroom | -$250 | $1,950 | $1,700 |
| 4 Bedroom | -$530 | $2,410 | $1,880 |
Affordability — Alexandria, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $328,000 |
| Median Household Income | $102,000 |