Alexandria, LA—71303
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 $224,000, with a year-over-year change of -0.9%. This indicates that home prices in Alexandria, LA are flat. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $224,000 | -0.9% |
| Single Family | $229,000 | 0.0% |
| Condos | $175,000 | -4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $156,000 | -2.5% |
3 Bed | $203,000 | 0.5% |
4 Bed | $322,000 | 1.9% |
| 5 Bed | $413,000 | 2.0% |
% of Housing Stock
Rental Trends — Alexandria, LA
As of July '25, Rentcast reports the average rent in Alexandria, LA is $1,510, with a year-over-year rent change of -6.8%. Per bedroom, the median rent as of July '25 in Alexandria, LA is 1-bedrooms: $1,540, 2-bedrooms: $888, 3-bedrooms: $1,550, 4-bedrooms: $2,050. The most common rental property sizes in Alexandria, LA are 2-bedroom and 3-bedroom, accounting for 39.9% and 39.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,540 | $1,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,540 | $1,540 |
| 2 Bed Rent | $875 | $888 |
| 3 Bed Rent | $1,650 | $1,550 |
| 4 Bed Rent | $2,000 | $2,050 |
% 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 52. This is a decrease of -15.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | 21.0% |
Listing Count | 99 | -11.0% |
| Listings as % of Homes | 0.8% | -11.0% |
Days on Market | 52 | -15.0% |
Demographics — Alexandria, LA
As of the latest ACS Survey released in 2023, Alexandria, LA has a population of 24,500, which has increased by 12.5% over the past 5 years. Alexandria, LA is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 32.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,500 | 12.5% |
% Under 18 | 24.4% | 2.1% |
% Seniors | 17.9% | 15.5% |
% WFH | 7.0% | 191.7% |
% w/ College Degree | 32.2% | -1.2% |
As of the latest ACS Survey released in 2023, Alexandria, LA is a predominantly white area, with 56.6% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Alexandria, LA is black, making up 35.6% of the population. Foreign-born residents account for 4.1% of the population in Alexandria, LA, and this percentage has decreased by 12.8% 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 | 56.6% | -6.6% |
% Black | 35.6% | 16.0% |
% Hispanic | 3.4% | -2.9% |
% Asian | 2.4% | -22.6% |
% Foreign Born | 4.1% | -12.8% |
Mortgage and Risk — Alexandria, LA
According to HUD data as of 2023, there were 310 mortgage originations in Alexandria, LA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Alexandria, LA. Investor activity is low, as 9.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 310 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 9.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Alexandria, LA
As of 2024, the percent of homes in Alexandria, LA under the Section 8 program is 20.5%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Alexandria, LA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 849 |
Total Units Section 8 | 849 |
% Rentals under Section 8 | 20.5% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$640 | $1,540 | $900 |
| 2 Bedroom | $305 | $875 | $1,180 |
| 3 Bedroom | -$50 | $1,650 | $1,600 |
| 4 Bedroom | -$220 | $2,000 | $1,780 |
Affordability — Alexandria, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $224,000 |
| Median Household Income | $66,800 |