Alexander City, AL


Highest Appreciating Alexander City Neighborhoods Since 2000

Alexander City, AL Real Estate Data

Alexander City Housing Market Information

With a population of 14,718, 5,759 total housing units (homes and apartments), and a median house value of $100,594, house prices in Alexander City are solidly below the national average.

Single-family detached homes are the single most common housing type in Alexander City, accounting for 72.21% of the city's housing units. Other types of housing that are prevalent in Alexander City include duplexes, homes converted to apartments or other small apartment buildings ( 11.97%), large apartment complexes or high rise apartments ( 8.98%), and a few mobile homes or trailers ( 5.71%).

The most prevalent building size and type in Alexander City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.64% owning and 44.36% renting.

There is a lot of housing in Alexander City built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Alexander City built between 1940-1969 ( 36.57%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.67%). There's also some housing in Alexander City built before 1939 ( 4.73%).

Alexander City Home Appreciation Rates

Appreciation rates for homes in Alexander City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.61%, which ranks in the top 50% nationwide. This equates to an annual average Alexander City house appreciation rate of 0.26%.

Appreciation rates are so strong in Alexander City that despite a nationwide downturn in the housing market, Alexander City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Alexander City appreciation rates continue to be some of the highest in America, at 6.62%, which is higher than appreciation rates in 77.71% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Alexander City. Alexander City appreciation rates in the latest quarter were at 0.82%, which equates to an annual appreciation rate of 3.33%.

Relative to Alabama, our data show that Alexander City's latest annual appreciation rate is higher than 90% of the other cities and towns in Alabama.

Average Home Values


Median Home Value:

Alexander City, AL HOME PRICES

Value Range
> $1,028,000 0.1
$771,001 - $1,028,000 2.1
$514,001 - $771,000 0.5
$411,001 - $514,000 2.3
$308,001 - $411,000 3.5
$206,001 - $308,000 10.9
$103,001 - $206,000 28.7
$52,001 - $103,000 33.0
$0 - $52,000 18.7

Average for AL
Low for Nation

Value Relative to Nation Value Relative to State
77.1241064104067 54.5

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$773 / per month

Homeownership Rate

Owners 55.64
Renters 44.36
Vacant 8.60

Housing Market Details


Age of Homes

AGE OF Alexander City HOMES
2000 or Newer 7.7
1970 - 1999 51.0
1940 - 1969 36.6
1939 or Older 4.7

Types of Homes

TYPE OF Alexander City HOMES
Single-Family 72.2
Townhomes 0.9
Small Apt. Buildings 12.0
Apt. Complexes 9.0
Mobile Homes 5.7
Other 0.2

Home Size

SIZE OF Alexander City HOMES
No Bedroom 9.73
1 Bedroom 4.29
2 Bedrooms 25.68
3 Bedrooms 49.34
4 Bedrooms 7.71
5 or more bedrooms 3.25

Alexander City Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
36.97% 1.84% 7 4
* 10 is highest

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Zip Codes in Alexander City, AL