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Featured local agent — Alexandria, VA
Sarah Mitchell
Compass Real Estate · Alexandria, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Alexandria, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$689,000median sale price
How is the Alexandria, VA housing market right now?
The median home sale price in Alexandria, VA is $689,000, down 4.0% year-over-year. Homes sell in an average of 32 days with 511 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Alexandria a buyer's or seller's market?
Alexandria, VA is currently a seller's market, based on 2.1 months of supply and homes selling in about 32 days. How we determine this →
Homes sold
238
Last 12 weeks
Days on market
32
Average pace
Active listings
511
2.1 months supply
Sale-to-list
100.9%
Above asking
What does the Alexandria housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $689,000 |
| Median list price | $627,000 |
| Year-over-year price change | -4.0% |
| Average days on market | 32 days |
| Active inventory | 511 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 100.9% |
| Median price per sq ft | $434/sq ft |
| Homes sold (latest month) | 238 |
| New listings (latest month) | 313 |
| Listings with a price cut | 28.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Alexandria by property type?
How the Alexandria, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $380,000 | $382/sq ft | 107 | 39 days |
| Townhouse | $860,000 | $457/sq ft | 97 | 27 days |
Source: Redfin · Updated monthly
The Alexandria housing market is currently classified as a seller's market with a median sale price of $689,000. Prices have fallen 4.0% compared to last year, with homes spending an average of 32 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.0x provides context for how home values compare to local earning capacity.
Homes for sale in Alexandria
There are currently 511 homes listed for sale in Alexandria, Virginia. The median listing price is $627K.
Active listings
511
Homes on market
Median list price
$627K
Avg. days on market
32
Days until sale
New this week
313
Newly listed
Who lives in Alexandria?
Population
156,788
Median income
$113,638/yr
Median age
37.5 years
Owner-occupied
42.0%
College grads
65.8%
Avg commute
29.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Alexandria?
Zillow home value
$679,077
Zillow rent index
$2,318/mo
Price-to-rent ratio
24.4x
Price-to-income
6.0x
Source: Zillow Research
What is it like to live in Alexandria?
Alexandria is a community of approximately 157K residents with a median age of 37.5 years.The median household income is $113,638, which reflects a relatively affluent area with strong earning potential. 65.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 42.0%, showing a blend of owner and renter-occupied properties. The average commute time is 29.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Alexandria offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Alexandria?
50 schools tracked · 48,780 students
The largest public schools serving Alexandria, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Alexandria City High School
Grades 9-12 · 4,551 students
Hayfield Secondary
Grades 7-12 · 3,239 students
West Potomac High
Grades 9-12 · 2,681 students
Edison High
Grades 9-12 · 2,285 students
Thomas Jefferson High for Science and Technology
Grades 9-12 · 2,015 students
Mount Vernon High
Grades 9-12 · 1,953 students
Glasgow Middle
Grades 6-8 · 1,724 students
Francis C. Hammond Middle
Grades 6-8 · 1,510 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Alexandria, VA?
Want a head-to-head view? Compare Alexandria side-by-side with any other U.S. city using our market-comparison tool.
Is Alexandria a good real estate investment market?
For investors evaluating Alexandria, the price-to-rent ratio of 24.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 4.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Alexandria's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Alexandria's median home price.
Frequently asked questions
What is the average home price in Alexandria?
The median home sale price in Alexandria is $689,000, down 4.0% from last year.
How long do homes stay on market in Alexandria?
Homes typically spend 32 days on market before going under contract.
What is the median income in Alexandria?
The median household income is $113,638 per year.
Is Alexandria a buyer's or seller's market?
With 2.1 months of supply, Alexandria is currently a seller's market.
What is the Zillow home value estimate for Alexandria?
The Zillow Home Value Index (ZHVI) for Alexandria is $679,077, representing the typical home value in the area.
What is the median condo price in Alexandria?
The median condo/co-op sale price in Alexandria, VA is $380,000, based on the latest Redfin data.
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