Alexandria, IN—46001
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alexandria, IN
As of Oct '25, the median home price in Alexandria, IN is $175,000, with a year-over-year change of 5.6%. This indicates that home prices in Alexandria, IN 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 | $175,000 | 5.6% |
| Single Family | $174,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $121,000 | 4.3% |
3 Bed | $188,000 | 5.6% |
4 Bed | $232,000 | 5.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Alexandria, IN
As of July '25, Rentcast reports the average rent in Alexandria, IN is $983, with a year-over-year rent change of 0.5%. Per bedroom, the median rent as of July '25 in Alexandria, IN is studios: $795, 1-bedrooms: $983, 2-bedrooms: $975, 3-bedrooms: $1,200. The most common rental property sizes in Alexandria, IN are 2-bedroom and 3-bedroom, accounting for 43.9% and 29.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $983 |
| Studio Rent | $795 | $795 |
| 1 Bed Rent | $775 | $983 |
| 2 Bed Rent | $975 | $975 |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Alexandria, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Alexandria, IN is 44. This is a decrease of -23.0% 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 55.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $194,000 | 5.0% |
Listing Count | 47 | 9.0% |
| Listings as % of Homes | 0.5% | 9.0% |
Days on Market | 44 | -23.0% |
Demographics — Alexandria, IN
As of the latest ACS Survey released in 2023, Alexandria, IN has a population of 10,500, which has increased by 5.4% over the past 5 years. Alexandria, IN is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 20.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,500 | 5.4% |
% Under 18 | 24.8% | 17.5% |
% Seniors | 18.2% | -8.1% |
% WFH | 3.2% | -3.0% |
% w/ College Degree | 20.9% | 39.3% |
As of the latest ACS Survey released in 2023, Alexandria, IN is a predominantly white area, with 93.8% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Alexandria, IN is black, making up 1.0% of the population. Foreign-born residents account for 0.4% of the population in Alexandria, IN, 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
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.8% | -2.2% |
% Black | 1.0% | 900.0% |
% Hispanic | 1.0% | -69.7% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.4% | -33.3% |
Mortgage and Risk — Alexandria, IN
According to HUD data as of 2023, there were 193 mortgage originations in Alexandria, IN, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Alexandria, IN. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 193 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Alexandria, IN
Alexandria, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 107 |
Total Units Section 8 | 107 |
% Rentals under Section 8 | 10.8% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $15 | $775 | $790 |
| 2 Bedroom | $55 | $975 | $1,030 |
| 3 Bedroom | $130 | $1,200 | $1,330 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Alexandria, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $175,000 |
| Median Household Income | $66,400 |