Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$171,699+4.0% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 20% have cut their price
Income needed to buy, per year$37,221About 0.7× the local median income ($56,918): affordable for a typical household
Days on market74 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.7%Zillow expects prices to rise slightly
The typical home in Alexandria, LA is worth $171,699, up 4.0% from a year ago. That is well below what local incomes have historically supported: fair value is about $195,914, so the area is 12.4% undervalued. It is a balanced market, leaning toward sellers: homes take about 74 days to sell, listings are down 11% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 0.7% over the next year. A household needs about $37,221 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,918. Typical rent is $1,029 a month, or $1,139 for a house. In the latest IRS figures, 438 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$171,699
Change in 1 year
+4.0%
Overvalued %
−12.4%
Show 7 more
Fair home value
$195,914
Change in 5 years
+7.5%
Zillow forecast, next 12 months
+0.7%
Home value to income
3.0×
Monthly mortgage payment (20% down)
$931
Income needed to afford it
$37,221
Property tax rate
0.56%
Rent and investing
Typical rent
$1,029
Typical rent for houses
$1,139
Price-to-rent ratio
13.9×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$995
Gross rental yield
7.19%
Cap rate (estimate)
4.67%
Market activity
Listings vs a year ago
−11.1%
Days on market
74
Listings with a price cut
20.0%
Show 3 more
Homes for sale
321
Pending sales per 100 listings
39
Asking price per sq ft
$118
People and jobs
Median household income
$56,918
Population change (1 year)
−0.1%
Unemployment rate
5.0%
Show 4 more
Population
147,952
Income adjusted for cost of living
$66,415
Net moves in (IRS)
−438
Cost of living (US = 100)
85.7
Schools, risk and environment
School rating (1 to 10)
6.5
FEMA hazard risk score (0 to 100)
76.1
Unhealthy air days a year
0
Show 4 more
Flood risk score
75.9
Wildfire risk score
72.2
Walkability (1 to 20)
6.1
Road, rail and air noise
52 dB
Questions people ask
Is Alexandria, LA overvalued?
Home prices in Alexandria, LA are well below what local incomes have historically supported: fair value is about $195,914, so the area is 12.4% undervalued.
Is Alexandria, LA a buyer's or seller's market?
Alexandria, LA is a balanced market, leaning toward sellers: homes take about 74 days to sell, listings are down 11% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Alexandria, LA?
Home values in Alexandria, LA are up 4.0% over the last year. Zillow's forecast for the next 12 months is +0.7%.
How much do you need to earn to buy a home in Alexandria, LA?
A household needs about $37,221 a year to afford the typical home in Alexandria, LA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,918.