Why Live in Alexandria
Alexandria, often referred to by locals as "Alex," is a small community known for its slow pace of life and unique attractions. One notable highlight is the World’s Largest Ball of Paint, which started as a baseball and now boasts nearly 30,000 layers of paint. Dor-Tee’s Drive-In, serving soft-serve ice cream since 1958, and the Alex Movie Theatre, a mom-and-pop cinema, are community staples. The Harrison, a newer addition, offers an upscale dining experience, while Ole Lucky serves traditional American fare. Residents can shop for groceries at Horner’s Midtown Market and enjoy fresh produce from the Alexandria Farmers and Artists Market every Friday from May to September. Housing options range from late 19th-century cottages and Colonial Revivals to mid-20th-century ranch styles and newer traditional homes. Recreational activities are centered around Beulah Park, which features a playground, tennis court, and swimming pool, and hosts the Madison County 4-H Fair every July. The Alexandria-Monroe Public Library offers diverse programming for all ages. Alexandria Community Schools have a strong athletic department, particularly in tennis. Community events like the Freedom Parade and Christmas Parade bring residents together annually. The area is car-dependent, with Indianapolis about 55 miles away and the nearest emergency room 10 miles away at Community Hospital Anderson. Parts of Alexandria are in a Special Flood Hazard Area, requiring flood insurance for affected properties.
Home Trends in Alexandria, IN
On average, homes in Alexandria, IN sell after 56 days on the market compared to the national average of 50 days. The median sale price for homes in Alexandria, IN over the last 12 months is $180,000, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$180,000
Median Single Family Sale Price
$178,800
Median 2 Bedroom Sale Price
$224,900
Average Price Per Sq Ft
$117
Number of Homes for Sale
14
Last 12 months Home Sales
111
Median List Price
$189,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
9%