Alexandria, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Alexandria Neighborhoods Since 2000




Alexandria, KY Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Alexandria Housing Market Information

With 9,009 people, 3,234 houses or apartments, and a median cost of homes of $186,674, Alexandria real estate is some of the most expensive in Kentucky, although Alexandria home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Alexandria, accounting for 85.47% of the city's housing units. Other types of housing that are prevalent in Alexandria include large apartment complexes or high rise apartments ( 10.71%), mobile homes or trailers ( 2.28%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.29%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Alexandria. Owner-occupied housing accounts for 81.37% of Alexandria's homes, and 75.27% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Alexandria 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 Alexandria built between 1940-1969 ( 22.54%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.33%). There's also some housing in Alexandria built before 1939 ( 3.42%).

Alexandria Home Appreciation Rates

Real estate appreciation rates in Alexandria's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.04% during the period.

NeighborhoodScout's data show that during the latest twelve months, Alexandria's appreciation rate, at 5.22%, has been at or slightly above the national average. In the latest quarter, Alexandria's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.

Relative to Kentucky, our data show that Alexandria's latest annual appreciation rate is higher than 70% of the other cities and towns in Kentucky.

Average Home Values

 

Median Home Value:
$186,674

Alexandria, KY HOME PRICES

Value Range
> $1,106,000 0.5
$830,001 - $1,106,000 0.2
$553,001 - $830,000 1.5
$442,001 - $553,000 1.3
$332,001 - $442,000 5.2
$221,001 - $332,000 28.9
$111,001 - $221,000 48.2
$55,001 - $111,000 7.3
$0 - $55,000 6.9

Very High for KY
High for Nation

Value Relative to Nation Value Relative to State
35.8314777921013 11.5288220551378

Number Of Homes And Apartments:
3,234

Alexandria Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KY*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
19.10% 1.02% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,040 / per month

Homeownership Rate

Homeownership
Owners 81.37
Renters 18.63
Vacant 2.94

Housing Market Details

 

Age of Homes

AGE OF Alexandria HOMES
2000 or Newer 13.3
1970 - 1999 60.7
1940 - 1969 22.5
1939 or Older 3.4

Types of Homes

TYPE OF Alexandria HOMES
Single-Family 85.5
Townhomes 0.2
Small Apt. Buildings 1.3
Apt. Complexes 10.7
Mobile Homes 2.3
Other 0.0

Home Size

SIZE OF Alexandria HOMES
No Bedroom 0.00
1 Bedroom 7.71
2 Bedrooms 12.00
3 Bedrooms 48.26
4 Bedrooms 27.01
5 or more bedrooms 5.01