Alexandria, LA Homes For Sale & Real Estate

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Alexandria, LA Real Estate Insights

Sitting in the heart and center of Louisiana, Alexandria is a small-sized city with a surprising amount to offer its residents. Although only home to 57,483 people, Alexandria's central location makes it a hub for a nine parish, or county, region that serves over 400,000 people in total. Given its scope, Alexandria houses an airport, a zoological park, and five golf courses. Yet, the geographical span provides limitless options for outdoor exploration. Alexandria is covered in 35.88 percent tree canopy, more than double the average 14.81 percent for cities with a population under 100,000 residents.
The cost of living - in terms of housing - is fairly accessible in Alexandria, and since the median income is below the national average at $36,586, lower property values typically coincide in a balanced economy. In 2015, the average list price declined 16.27 percent year-over-year, reaching $154,410 from a previous $184,425. Real estate inventory also dropped by 17.73 percent, bringing the number of listings to a low 116 homes.