56308, Alexandria, MN

The Alexandria, MN 56308 zip code has a population of around 36,000 people. The median household income in this zip code is $72,500, and the median home value is $227,500. In Alexandria, the average home price has increased by 8.5% over the past year.

There are a number of factors that have contributed to the increase in home prices in Alexandria. One reason is that the market has been strong overall; another reason is that there are a lot of new homes being built in this area. Additionally, demand for housing has been high due to increasing incomes and an influx of families moving into the area.

Despite these positive trends, there are some risks associated with buying a home in Alexandria. One risk is that interest rates could go up; another risk is that prices could decline if there are any major problems with the economy or if there are any natural disasters in the area.