$264,900
7737 Devonshire Dr
Alexandria, KY
2 bd2 ba1,229 sqft$216/ft²
Condo
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Sarah Mitchell
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Compass Real Estate · Alexandria, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Alexandria, KY(512) 555-0184TX License #0512847
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Alexandria, KY Housing Market
Seller's market+4.7% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Alexandria, KY is worth $345,924, rose 4.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $297,500, -7.1% year over year (through May 2026). With 0.8 months of supply and homes going under contract in about 14 days, Alexandria is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $345,924 home is about $1,847/mo in principal and interest.
Key numbers for Alexandria, KY
Typical home value
$345,924
+4.7% in 12 months
Zillow, August 2026
Typical asking rent
$1,421/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$297,500
-7.1% year over year
Redfin, through May 2026
Days on market
14
Fast-moving
Redfin, through May 2026
Active listings
13
0.8 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$103,750
Home costs 3.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.6%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Alexandria a buyer's or seller's market?
Seller's market0.8 months of supply14 days on market98.6% of asking
Alexandria, KY is a seller's market, based on 0.8 months of supply and homes selling in about 14 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Alexandria housing market data show?
Every row below is Redfin's final published month for Alexandria, KY. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $297,500 |
| Median list price | $305,000 |
| Year-over-year price change | -7.1% |
| Median price per sq ft | $186/sq ft |
| Median days on market | 14 days |
| Active inventory | 13 listings |
| Months of supply | 0.8 months |
| Sale-to-list price ratio | 98.6% |
| Homes sold (that month) | 16 |
| New listings (that month) | 17 |
| Listings with a price cut | 23.1% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Alexandria is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Alexandria is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Alexandria home prices moved?
Over the last three years the median sale price in Alexandria, KY rose 5.1%, from $283,000 to $297,500. The live Zillow value series has rose 4.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 23.1% of Alexandria listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 0.8 months while the sale-to-list ratio slips below its current 98.6%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Alexandria?
Priced off the typical home value of $345,924 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $69,185 | $276,739 | $1,847/mo |
| 5% | $17,296 | $328,627 | $2,193/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,847, that implies roughly $79,146 a year before you add taxes and insurance. The median household in Alexandria earns $103,750, about $24,604 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.3x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Alexandria in the next 12 months?
Tell us your timeline. We send the Alexandria market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Alexandria?
Typical asking rent in Alexandria, KY is $1,421/mo, against a typical home value of $345,924. That is a price-to-rent ratio of 20.3x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $1,847 a month — $425 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Alexandria?
Active listings in Alexandria, KY went from 30 in May 2025 to 13 in May 2026, a -56.7% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 23 | 17 |
| July 2025 | 27 | 21 |
| August 2025 | 24 | 17 |
| September 2025 | 25 | 16 |
| October 2025 | 22 | 18 |
| November 2025 | 19 | 5 |
| December 2025 | 22 | 10 |
| January 2026 | 21 | 14 |
| February 2026 | 21 | 6 |
| March 2026 | 13 | 10 |
| April 2026 | 12 | 19 |
| May 2026 | 13 | 17 |
Redfin, through May 2026
How does Alexandria compare to Kentucky and the U.S.?
Alexandria homes sell for $297,500 — 5% above the Kentucky median of $284,400. Against the national median of $410,700, Alexandria runs 28% lower. Year-over-year, Alexandria moved -7.1% against Kentucky's +2.3% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Alexandria, KY | $297,500 | -7.1% | 14 days |
| Kentucky statewide | $284,400 | +2.3% | 45 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Alexandria
What buyers should watch
- Months of supply, currently 0.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 23.1%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $346 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $345,924 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Alexandria listing goes under contract in 14 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Alexandria added 17 new listings against 16 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +4.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Alexandria varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Alexandria
There are currently 13 homes listed for sale in Alexandria, Kentucky. The median listing price is $305K. Featured listings range from $264,900 to $795,000.
$337,400
889 Riffle Rdg Unit A
Alexandria, KY
2 bd2 ba1,396 sqft$242/ft²
Townhouse
View photos & details
$435,900
921 Riffle Rdg Unit B
Alexandria, KY
3 bd3 ba2,505 sqft$174/ft²
Townhouse
View photos & details
$469,900
906 Riffle Rdg Unit B
Alexandria, KY
3 bd3 ba2,652 sqft$177/ft²
Townhouse
View photos & details
$474,900
8304 Bluff Dr Unit B
Alexandria, KY
3 bd3 ba2,481 sqft$191/ft²
Townhouse
View photos & details
$495,000
802 Bluestem Ridge Dr
Alexandria, KY
2 bd2 ba1,786 sqft$277/ft²
House8,712 sqft lot
View photos & details
$515,000
7739 E Timber Creek Dr
Alexandria, KY
4 bd3 ba
House10,454 sqft lot
View photos & details
$520,000
746 Bluestem Ridge Dr
Alexandria, KY
4 bd3 ba2,686 sqft$194/ft²
House8,276 sqft lot
View photos & details
$559,000
94 Longridge Dr
Alexandria, KY
5 bd4 ba3,680 sqft$152/ft²
House28,314 sqft lot
View photos & details
$625,000
745 Bluestem Ridge Dr
Alexandria, KY
5 bd4 ba4,000 sqft$156/ft²
House8,276 sqft lot
View photos & details
$750,000
Kenton Station Rd
Alexandria, KY
Land57.82 acres
View photos & details
$795,000
1607 Lickert Rd
Alexandria, KY
3 bd3 ba
House1.29 acres
View photos & details
Looking to buy in Alexandria?
Get connected with a local real estate expert — free, no obligation.
Active listings
13
Homes on market
Median list price
$305K
Avg. days on market
14
Days until sale
New this week
17
Newly listed
Price drops:23.1%of listings
Sale-to-list:98.6%
How much do homes cost in Alexandria by property type?
How the Alexandria, KY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $320,000 | $189/sq ft | 9 | 5 days |
| Condo / co-op | $259,900 | $166/sq ft | 5 | 21 days |
| Townhouse | $333,312 | $173/sq ft | 2 | 114 days |
Who lives in Alexandria?
American Community Survey estimates for Alexandria. U.S. Census ACS, 2023
Population
10,430
Households
3,755
Median income
$103,750/yr
Median age
38.3 years
Owner-occupied
94.1%
Median home value
$253,400
Median gross rent
$1,062/mo
Mean commute
27.7 min
94.1% of occupied homes in Alexandria are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $253,400 against Zillow's $345,924 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,062/mo, below Zillow's $1,421/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Alexandria?
7 schools tracked · 4,193 students
The largest public schools serving Alexandria, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Campbell County High School
Grades 9-12 · 1,539 students
Campbell County Middle School
Grades 6-8 · 1,138 students
Campbell Ridge Elementary
Grades PK-5 · 624 students
John W. Reiley Elementary School
Grades PK-5 · 502 students
Grant's Lick Elementary School
Grades PK-5 · 349 students
Alexandria Educational Center
Grades 6-12 · 41 students
Campbell County Area Technology Center
Grades 8-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Alexandria, KY?
Ordered by distance from Alexandria, not by size. Compare Alexandria side by side with any of them.
Alexandria housing market FAQ
Is Alexandria a buyer's or seller's market?
Alexandria, KY is currently a seller's market. That read comes from 0.8 months of supply, homes going under contract in about 14 days, and sellers getting 98.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Alexandria?
The typical home in Alexandria, KY is worth $345,924 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $297,500, about $186 per square foot.
Is Alexandria cheaper than the rest of Kentucky?
Alexandria's median sale price of $297,500 is 5% higher than the Kentucky statewide median of $284,400, and 28% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Alexandria?
Homes in Alexandria, KY spent a median of 14 days on market before going under contract, versus 45 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Alexandria?
At the current 30-year fixed rate of 7.03%, 20% down on a $345,924 home is about $1,847 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $79,146 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $103,750.
Are home prices rising in Alexandria?
The typical home value in Alexandria, KY rose 4.7% over the last 12 months, from $330,246 to $345,924 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Alexandria?
Alexandria ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Alexandria?
That depends on your timeline, not on a headline. What the data says today: Alexandria, KY is a seller's market with 0.8 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 20.3x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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