36250, Alexandria, AL

The 36250 zip code of Alexandria, AL is located in the eastern part of the state and has a population of around 54,000. The median household income in this zip code is $60,000 and the median home value is $206,500. Home equity in this zip code has increased by 6% over the past year and home prices have increased by 5%.

There are a number of factors that have contributed to the increase in home equity and home prices in this zip code. One reason is that there are a number of new homes being built in this area which leads to an increase in demand for housing. Additionally, there is a strong economy which means that people are able to afford more expensive homes. Finally, there is low interest rates which make it easier for people to borrow money to buy a home.

Despite these positive trends, there are some risks associated with buying a home in this area. One risk is that interest rates could rise which would lead to an decrease in home values. Another risk is that the economy could decline which would lead to fewer jobs and less income which would make it harder for people to afford homes.