Market Overview
Home Prices in Alexander City, AL
The median home value in Alexander City, AL is $205,186 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.7% compared to a year ago and up 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Alexander City are priced50% below average. Alexander City is part of the Alexander City, AL metro area.
Over the past five years, Alexander City home values have risen by approximately13.9%, reflecting steady appreciation in this market.
Price History
Alexander City Home Price Trend
City Comparison
Alexander City vs. National Median
At $205,186, homes in Alexander City cost 50% below the national median of $410,000. This makes Alexander City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Alexander City?
20% Down Payment
$41,037
on $205,186
Monthly P&I
$1,070/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,359/mo
incl. taxes & insurance
Income Needed
$54,360
gross annual (30% rule)
10% Down Option
$20,519
+ PMI applies
Loan Amount (20% dn)
$164,149
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Alexander City, AL?
The median home value in Alexander City is $205,186 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.7% year-over-year.
How much have home prices changed in Alexander City?
Over the past year, home values in Alexander City have decreased by 1.7%. Over five years, prices have risen approximately 13.9%.
How much do I need to earn to buy a home in Alexander City?
To comfortably afford the median home price of $205,186 with a 20% down payment ($41,037) at today's rates (6.8%), you'd need a gross annual income of approximately $54,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Alexander City compare to the national average home price?
The national median home value is approximately $410,000. At $205,186, homes in Alexander City are 50% below the national average.
What metro area is Alexander City part of?
Alexander City is part of the Alexander City, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.