West Alexandria, OH45381

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$229,000
3.8% YoY Growth
Median Household Income
$72,800
28.8% 5-Year Growth
Days on Market
37
30.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$1,200
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,200
N/A
3-Bed Rent
N/A
N/A

Property Listings — West Alexandria, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in West Alexandria, OH is 37. This is a decrease of -30.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$212,000-26.0%
Listing Count
1035.0%
Listings as % of Homes0.3%35.0%
Days on Market
37-30.0%
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Demographics — West Alexandria, OH

As of the latest ACS Survey released in 2023, West Alexandria, OH has a population of 5,660, which has increased by 4.3% over the past 5 years. West Alexandria, OH is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,6604.3%
% Under 18
21.7%-3.1%
% Seniors
22.1%27.0%
% WFH
9.7%120.5%
% w/ College Degree
18.6%8.1%
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As of the latest ACS Survey released in 2023, West Alexandria, OH is a predominantly white area, with 94.4% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in West Alexandria, OH is hispanic, making up 2.3% of the population. Foreign-born residents account for 0.4% of the population in West Alexandria, OH, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.4%-3.7%
% Black
2.1%425.0%
% Hispanic
2.3%666.7%
% Asian
0.0%-100.0%
% Foreign Born
0.4%-33.3%
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Mortgage and Risk — West Alexandria, OH

According to HUD data as of 2023, there were 106 mortgage originations in West Alexandria, OH, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in West Alexandria, OH. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
106
% Conventional Loans
68.0%
% Government Loans
32.0%
% Investor Loans
3.0%
% Second Loans
0.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — West Alexandria, OH

West Alexandria, OH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
33
Total Units Section 8
33
% Rentals under Section 8
8.3%
% Occupied Section 8
91.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$720
2 Bedroom-$270$1,200$930
3 BedroomN/AN/A$1,220
4 BedroomN/AN/A$1,380

Affordability — West Alexandria, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.7
Median Home Price$229,000
Median Household Income$72,800

West Alexandria, OH — ZIP Code Boundary Map

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Frequently Asked Questions