Alexandria, LA—71301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alexandria, LA
As of Oct '25, the median home price in Alexandria, LA is $99,000, with a year-over-year change of -2.5%. This indicates that home prices in Alexandria, LA are decreasing. According to Zillow, the 1-year price projection is -4.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $99,000 | -2.5% |
| Single Family | $99,000 | -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 | $66,000 | -4.3% |
3 Bed | $135,000 | 0.0% |
4 Bed | $269,000 | 1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Alexandria, LA
As of July '25, Rentcast reports the average rent in Alexandria, LA is $995, with a year-over-year rent change of 8.5%. Per bedroom, the median rent as of July '25 in Alexandria, LA is 1-bedrooms: $633, 2-bedrooms: $823, 3-bedrooms: $1,110, 4-bedrooms: $1,610. The most common rental property sizes in Alexandria, LA are 3-bedroom and 2-bedroom, accounting for 38.7% and 37.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $995 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $633 |
| 2 Bed Rent | $675 | $823 |
| 3 Bed Rent | $1,100 | $1,110 |
| 4 Bed Rent | $1,000 | $1,610 |
% of Rental Stock
Property Listings — Alexandria, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Alexandria, LA is 57. This is a increase of 4.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $165,000 | 3.0% |
Listing Count | 90 | -11.0% |
| Listings as % of Homes | 0.8% | -11.0% |
Days on Market | 57 | 4.0% |
Demographics — Alexandria, LA
As of the latest ACS Survey released in 2023, Alexandria, LA has a population of 17,300, which has decreased by -25.9% over the past 5 years. Alexandria, LA is a moderately popular place for families, as children make up 21.0% of the population. The area has a poorly educated workforce, with 21.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,300 | -25.9% |
% Under 18 | 21.0% | -15.3% |
% Seniors | 17.7% | 12.7% |
% WFH | 3.0% | 50.0% |
% w/ College Degree | 21.5% | 4.4% |
As of the latest ACS Survey released in 2023, Alexandria, LA is a predominantly black area, with 53.2% of the population identifying as black. The black population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Alexandria, LA is white, making up 36.4% of the population. Foreign-born residents account for 5.8% of the population in Alexandria, LA, and this percentage has increased by 28.9% 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 | 36.4% | 4.3% |
% Black | 53.2% | -7.2% |
% Hispanic | 4.3% | 19.4% |
% Asian | 2.4% | -7.7% |
% Foreign Born | 5.8% | 28.9% |
Mortgage and Risk — Alexandria, LA
According to HUD data as of 2023, there were 245 mortgage originations in Alexandria, LA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Alexandria, LA. Investor activity is high, as 23.0% 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 | 245 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 23.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Alexandria, LA
As of 2024, the percent of homes in Alexandria, LA under the Section 8 program is 19.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Alexandria, LA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 642 |
Total Units Section 8 | 624 |
% Rentals under Section 8 | 19.0% |
% Occupied Section 8 | 73.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $700 | $750 |
| 2 Bedroom | $315 | $675 | $990 |
| 3 Bedroom | $240 | $1,100 | $1,340 |
| 4 Bedroom | $500 | $1,000 | $1,500 |
Affordability — Alexandria, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $99,000 |
| Median Household Income | $44,300 |