Home Value Trail

Metro areas › Alexandria, MN

Micropolitan area

Alexandria, MN

Minnesota · 1 county · 40,120 residents (2025 est.)

FHFA annual index 1979–2025Developmental CBSA indexPermits through August 2026
FHFA house price index for Alexandria, MN, annual from 1979 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 2020020040060080019801990200020102020United States2025: 631
Alexandria (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its annual CBSA indexes as developmental and subject to revision. The index does not give a dollar value for any home.

Alexandria, MN is a micropolitan statistical area of 1 county and about 40,000 residents. FHFA's annual index for it begins in 1979 and has risen +531.1% through 2025.

Over the ten years to 2025 the annual index rose +78.9% (+6.0% a year), above Minnesota at +71.4% and below the national +85.0%.

From a 2007 peak the index fell −12.4% to 2012, regaining the peak in 2017.

Across its counties, 325 housing units were authorised in the 12 months to August 2026, 8.1 per 1,000 residents, −22.4% on the previous 12 months.

+5.0%1 year, 2024–2025US +2.8%
+49.9%5 yearsUS +47.0%
+78.9%10 years+6.0% a year annualised
+170.8%since 2000US +158.3%
325units permitted, 12 months8.1 per 1,000 residents

Same span, three levels

Change in the FHFA indexAlexandriaMinnesotaUnited States
1 year (2024–2025)+5.0%+2.8%+2.8%
5 years (2020–2025)+49.9%+36.8%+47.0%
10 years (2015–2025)+78.9%+71.4%+85.0%
20 years (2005–2025)+83.1%+56.0%+79.1%
Since 2000+170.8%+126.5%+158.3%
Since 1979+531.1%+439.8%+539.0%
10-year annualised+6.0%+5.5%+6.3%
20-year annualised+3.1%+2.2%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)−1.5%+68.2%
1990s (1990–2000)+91.4%+33.9%
2000s (2000–2010)+46.7%+29.7%
2010s (2010–2020)+23.1%+35.5%
2020s so far (2020–2025)+49.9%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1979 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1979 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20072012−12.4%2017
19801984−8.5%1991

Building permits across the area

Housing units authorised in the area's county (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Alexandria, MN area by month, latest 12 months0204060Sep 2025: 26 units (19 single-family, 7 in multi-unit buildings)Sep 2025Oct 2025: 26 units (18 single-family, 8 in multi-unit buildings)Oct 2025Nov 2025: 16 units (11 single-family, 5 in multi-unit buildings)Nov 2025Dec 2025: 14 units (6 single-family, 8 in multi-unit buildings)Dec 2025Jan 2026: 9 units (2 single-family, 7 in multi-unit buildings)Jan 2026Feb 2026: 15 units (7 single-family, 8 in multi-unit buildings)Feb 2026Mar 2026: 20 units (13 single-family, 7 in multi-unit buildings)Mar 2026Apr 2026: 39 units (22 single-family, 17 in multi-unit buildings)Apr 2026May 2026: 39 units (26 single-family, 13 in multi-unit buildings)May 2026Jun 2026: 41 units (17 single-family, 24 in multi-unit buildings)Jun 2026Jul 2026: 42 units (18 single-family, 24 in multi-unit buildings)Jul 2026Aug 2026: 38 units (19 single-family, 19 in multi-unit buildings)Aug 2026

Housing units authorised in the Alexandria, MN area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Alexandria, MN area by month, latest 60 months050100Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 4 units (4 single-family, 0 in multi-unit buildings)Feb 2022: 9 units (9 single-family, 0 in multi-unit buildings)Mar 2022: 5 units (5 single-family, 0 in multi-unit buildings)Apr 2022: 58 units (39 single-family, 19 in multi-unit buildings)May 2022: 25 units (25 single-family, 0 in multi-unit buildings)Jun 2022: 31 units (31 single-family, 0 in multi-unit buildings)Jul 2022: 27 units (14 single-family, 13 in multi-unit buildings)Aug 2022: 40 units (24 single-family, 16 in multi-unit buildings)Sep 2022: 17 units (17 single-family, 0 in multi-unit buildings)Sep 2022Oct 2022: 16 units (14 single-family, 2 in multi-unit buildings)Nov 2022: 11 units (11 single-family, 0 in multi-unit buildings)Dec 2022: 3 units (3 single-family, 0 in multi-unit buildings)Jan 2023: 2 units (2 single-family, 0 in multi-unit buildings)Feb 2023: 1 units (1 single-family, 0 in multi-unit buildings)Mar 2023: 6 units (6 single-family, 0 in multi-unit buildings)Apr 2023: 16 units (16 single-family, 0 in multi-unit buildings)May 2023: 29 units (29 single-family, 0 in multi-unit buildings)Jun 2023: 25 units (25 single-family, 0 in multi-unit buildings)Jul 2023: 24 units (24 single-family, 0 in multi-unit buildings)Aug 2023: 17 units (17 single-family, 0 in multi-unit buildings)Sep 2023: 16 units (16 single-family, 0 in multi-unit buildings)Sep 2023Oct 2023: 18 units (18 single-family, 0 in multi-unit buildings)Nov 2023: 6 units (6 single-family, 0 in multi-unit buildings)Dec 2023: 4 units (4 single-family, 0 in multi-unit buildings)Jan 2024: 1 units (1 single-family, 0 in multi-unit buildings)Feb 2024: 4 units (4 single-family, 0 in multi-unit buildings)Mar 2024: 19 units (19 single-family, 0 in multi-unit buildings)Apr 2024: 24 units (24 single-family, 0 in multi-unit buildings)May 2024: 23 units (23 single-family, 0 in multi-unit buildings)Jun 2024: 22 units (22 single-family, 0 in multi-unit buildings)Jul 2024: 13 units (13 single-family, 0 in multi-unit buildings)Aug 2024: 27 units (25 single-family, 2 in multi-unit buildings)Sep 2024: 24 units (24 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 21 units (21 single-family, 0 in multi-unit buildings)Nov 2024: 14 units (14 single-family, 0 in multi-unit buildings)Dec 2024: 93 units (5 single-family, 88 in multi-unit buildings)Jan 2025: 7 units (7 single-family, 0 in multi-unit buildings)Feb 2025: 7 units (7 single-family, 0 in multi-unit buildings)Mar 2025: 77 units (12 single-family, 65 in multi-unit buildings)Apr 2025: 75 units (21 single-family, 54 in multi-unit buildings)May 2025: 26 units (26 single-family, 0 in multi-unit buildings)Jun 2025: 19 units (19 single-family, 0 in multi-unit buildings)Jul 2025: 27 units (20 single-family, 7 in multi-unit buildings)Aug 2025: 29 units (19 single-family, 10 in multi-unit buildings)Sep 2025: 26 units (19 single-family, 7 in multi-unit buildings)Sep 2025Oct 2025: 26 units (18 single-family, 8 in multi-unit buildings)Nov 2025: 16 units (11 single-family, 5 in multi-unit buildings)Dec 2025: 14 units (6 single-family, 8 in multi-unit buildings)Jan 2026: 9 units (2 single-family, 7 in multi-unit buildings)Feb 2026: 15 units (7 single-family, 8 in multi-unit buildings)Mar 2026: 20 units (13 single-family, 7 in multi-unit buildings)Apr 2026: 39 units (22 single-family, 17 in multi-unit buildings)May 2026: 39 units (26 single-family, 13 in multi-unit buildings)Jun 2026: 41 units (17 single-family, 24 in multi-unit buildings)Jul 2026: 42 units (18 single-family, 24 in multi-unit buildings)Aug 2026: 38 units (19 single-family, 19 in multi-unit buildings)

Housing units authorised in the Alexandria, MN area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Alexandria, MN area by year, 1995–202502004006001995: 240 units (240 single-family, 0 in multi-unit buildings)19951996: 272 units (272 single-family, 0 in multi-unit buildings)1997: 284 units (284 single-family, 0 in multi-unit buildings)1998: 330 units (330 single-family, 0 in multi-unit buildings)1999: 360 units (294 single-family, 66 in multi-unit buildings)2000: 356 units (326 single-family, 30 in multi-unit buildings)20002001: 538 units (498 single-family, 40 in multi-unit buildings)2002: 548 units (504 single-family, 44 in multi-unit buildings)2003: 599 units (581 single-family, 18 in multi-unit buildings)2004: 566 units (502 single-family, 64 in multi-unit buildings)2005: 489 units (441 single-family, 48 in multi-unit buildings)20052006: 306 units (306 single-family, 0 in multi-unit buildings)2007: 228 units (228 single-family, 0 in multi-unit buildings)2008: 158 units (158 single-family, 0 in multi-unit buildings)2009: 94 units (94 single-family, 0 in multi-unit buildings)2010: 396 units (101 single-family, 295 in multi-unit buildings)20102011: 96 units (96 single-family, 0 in multi-unit buildings)2012: 89 units (89 single-family, 0 in multi-unit buildings)2013: 181 units (155 single-family, 26 in multi-unit buildings)2014: 184 units (117 single-family, 67 in multi-unit buildings)2015: 298 units (160 single-family, 138 in multi-unit buildings)20152016: 207 units (153 single-family, 54 in multi-unit buildings)2017: 234 units (148 single-family, 86 in multi-unit buildings)2018: 198 units (188 single-family, 10 in multi-unit buildings)2019: 182 units (182 single-family, 0 in multi-unit buildings)2020: 309 units (201 single-family, 108 in multi-unit buildings)20202021: 365 units (212 single-family, 153 in multi-unit buildings)2022: 198 units (196 single-family, 2 in multi-unit buildings)2023: 179 units (179 single-family, 0 in multi-unit buildings)2024: 285 units (191 single-family, 94 in multi-unit buildings)2025: 319 units (157 single-family, 162 in multi-unit buildings)2025

Housing units authorised in the Alexandria, MN area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaMinnesotaUnited States
Housing units authorised32522,1581,418,086
Units per 1,000 residents8.13.84.1
Single-family share55%58%63%
Change on previous 12 months−22.4%+2.8%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Douglas CountyMN+5.0%+78.9%3258.1

Questions and answers

How much have home values in the Alexandria, MN area risen over 10 years?

The FHFA annual index rose +78.9% between 2015 and 2025, about +6.0% a year. Over 20 years: +83.1%; since 2000: +170.8%.

Which counties in the Alexandria, MN area rose most?

By ten-year change to 2025: Douglas County (+78.9%).

What happened to Alexandria, MN prices after 2007?

The index peaked in 2007, fell −12.4% to 2012 and regained the peak in 2017. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Alexandria, MN area?

325 housing units were authorised across the area's counties in the 12 months to August 2026, 55% of them single-family, 8.1 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026); Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1979–2025. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.