The Alexandria housing market is very competitive. Homes in Alexandria receive 4 offers on average and sell in around 20 days. The median sale price of a home in Alexandria was $670K last month, up 3.1% since last year. The median sale price per square foot in Alexandria is $408, up 2.8% since last year.
What is the housing market like in Alexandria today?
In March 2024, Alexandria home prices were up 3.1% compared to last year, selling for a median price of $670K. On average, homes in Alexandria sell after 20 days on the market compared to 32 days last year. There were 232 homes sold in March this year, down from 288 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$669,950
+3.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Alexandria, VA
$669,950
+3.1%
United States
To compare other locations to the Alexandria and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Alexandria's median sale price is 69% higher than the national average. Overall cost of living in Alexandria is 31% higher than the national average. Learn which home features in Alexandria add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Alexandria housing market?
Alexandria is very competitive. Homes sell in 19 days.
0
100
87
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 19 days.
Hot homes
can sell for about 4% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Alexandria
Explore recent offers and recently sold homes in Alexandria
Recent offers
Offer Not Accepted|
5 Weeks Ago
~$250K Offer
Sold for $250K
1bd | 1.5ba | ~1,250sqft
Over List Price
0%
Days on Market
5
Competing Offers
4
Down Payment
~20%
Mara Gemond
Alexandria Redfin Agent
The seller received multiple offers that were superior both in terms of price and terms.
Offer Not Accepted|
6 Weeks Ago
~$900K Offer
Sold for $900K
3bd | 4ba | ~2,000sqft
Over List Price
0%
Days on Market
7
Competing Offers
3
Down Payment
~30%
Mara Gemond
Alexandria Redfin Agent
The seller received two addtional offers that did not include a home sale contingency
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Alexandria housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Alexandria.
Risk Factor
Flood Factor - Major
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Alexandria has a major risk of flooding. 5,439 properties in Alexandria are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Alexandria. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Alexandria has a minor risk of wildfire. There are 599 properties in Alexandria that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Alexandria.
92% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Alexandria has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Alexandria is most at risk from hurricanes. 26,119 properties in Alexandria have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph.