Alexandria, VA

A comprehensive guide to buying a home in Alexandria — neighborhoods, market trends, schools, and lifestyle.

$680K
Median Price
12 days
Avg Days on Market
$300K–$2M
Price Range

Overview

Alexandria, Virginia, seamlessly blends historic charm with contemporary living, making it a highly desirable location for homebuyers. From its cobblestone streets and colonial architecture in Old Town to its vibrant arts scene and diverse culinary offerings, Alexandria presents a unique lifestyle that appeals to a wide range of residents. The city's commitment to preserving its rich history while embracing modern amenities creates a balanced and attractive environment. Its proximity to Washington, D.C., coupled with its own thriving economy, provides residents with ample job opportunities and cultural experiences. Alexandria's strong sense of community is evident in its numerous local events, farmers' markets, and neighborhood associations. The city boasts top-rated schools, beautiful parks, and a wide array of recreational activities, making it an ideal place for families. Waterfront dining, boutique shopping, and a walkable urban core add to Alexandria's appeal. Whether you're looking for a historic townhouse, a modern condominium, or a spacious single-family home, Alexandria offers a diverse range of housing options to suit various needs and preferences. With its blend of history, culture, and convenience, Alexandria continues to attract homebuyers seeking a high quality of life in the Washington, D.C. metropolitan area. Beyond its aesthetic appeal, Alexandria offers a practical lifestyle with excellent transportation options and a strong local economy. The city's commitment to sustainability and community engagement further enhances its desirability. Investing in Alexandria real estate means becoming part of a vibrant and welcoming community that values its history while looking toward the future.

Neighborhoods

Old Town

$600K–$2M+Historic, walkable, upscale

Historic district with cobblestone streets, waterfront views, and upscale boutiques.

Del Ray

$550K–$1.5MArtsy, community-focused, vibrant

Arts-focused neighborhood known for its eclectic shops, restaurants, and community events.

Rosemont

$650K–$1.8MQuiet, residential, family-friendly

Quiet residential neighborhood with tree-lined streets and a mix of historic homes.

Potomac Yard

$400K–$1.2MModern, urban, convenient

Modern urban village with new construction condos, townhomes, and retail spaces.

Seminary Hill

$500K–$1.4MGreen, spacious, established

Elevated neighborhood with beautiful parks, Seminary views, and established homes.

Landmark

$300K–$800KDiverse, convenient, affordable

Diverse neighborhood with a mix of apartments, condos, and townhouses. More affordable.

Waverly Hills

$450K–$900KSuburban, convenient, family-oriented

Residential area known for well-maintained lawns and easy access to shopping centers.

Market Trends

Alexandria's real estate market is currently very competitive. High demand and relatively low inventory are driving prices up, especially in sought-after neighborhoods like Old Town and Del Ray. Homes are selling quickly, often with multiple offers and above-asking prices. The median sale price hovers around $680,000, but this varies significantly depending on the neighborhood and property type. Properties in prime locations and with desirable features are seeing the most intense competition. Buyers need to be prepared to act quickly and make strong offers. While interest rates have fluctuated, the overall demand for housing in Alexandria remains strong due to its proximity to D.C., quality of life, and strong schools. Neighborhoods further from the Metro or those with older housing stock may offer relative value compared to the premium prices in Old Town and Del Ray. Days on market are averaging around 12, but can be even shorter for desirable properties. Prospective buyers should work with an experienced local real estate agent who can provide up-to-date market information and guidance on crafting competitive offers. A pre-approval for a mortgage is highly recommended.

Schools

Alexandria City Public Schools (ACPS) serves the city of Alexandria. The school district is committed to providing a high-quality education for all students. There are numerous elementary, middle, and high schools within the city, each with its own unique strengths and programs. Notable schools include T.C. Williams High School (renamed Alexandria City High School), which offers a wide range of academic and extracurricular activities. Many elementary and middle schools within ACPS have received high ratings for their academic performance and supportive learning environments. Parents are encouraged to research individual schools and consider factors such as test scores, teacher-student ratios, and special programs when making decisions about their children's education.

Commute & Transportation

Alexandria offers excellent transportation options, making it easy to commute to Washington, D.C., and other parts of the region. The Washington Metropolitan Area Transit Authority (WMATA) operates several Metro stations within Alexandria, including King Street-Old Town, Braddock Road, Eisenhower Avenue, and Van Dorn Street. These stations provide direct access to D.C. via the Blue and Yellow lines. In addition to the Metro, Alexandria is served by several major highways, including I-95, I-495 (the Capital Beltway), and the George Washington Memorial Parkway. Commute times to D.C. typically range from 20 to 45 minutes by car, depending on traffic. Public transportation can take a similar amount of time, especially during peak hours. Alexandria's walkable neighborhoods and bike-friendly streets also make it easy to get around without a car.

Lifestyle & Community

Alexandria offers a vibrant and diverse lifestyle with something for everyone. Old Town is known for its waterfront dining, boutique shopping, and historic attractions. Del Ray boasts a thriving arts scene, independent shops, and a strong sense of community. The city is home to numerous parks and recreational facilities, including Waterfront Park, Jones Point Park, and the Mount Vernon Trail, providing opportunities for outdoor activities. Alexandria's culinary scene is diverse, ranging from casual cafes to upscale restaurants. The city also hosts numerous community events throughout the year, including farmers' markets, art festivals, and holiday celebrations. Residents enjoy a strong sense of community and a high quality of life. The city's commitment to preserving its history while embracing modern amenities makes it a unique and appealing place to live.

Frequently Asked Questions

How competitive is the real estate market in Alexandria?

Extremely competitive. Expect multiple offers, especially in popular neighborhoods like Old Town and Del Ray. Be prepared to act quickly and offer above asking price.

What is the best way to get around Alexandria?

Alexandria is very walkable, especially in Old Town and Del Ray. The Metro is also a great option for commuting to D.C. or other parts of the region. Biking is also a popular choice.

Are there good schools in Alexandria?

Yes, Alexandria City Public Schools (ACPS) has many highly-rated schools. Research individual schools to find the best fit for your children.

What are the property taxes like in Alexandria?

Property taxes in Alexandria are generally in line with other Northern Virginia localities. Expect to pay around 1% of the assessed value of your home annually. Check the Alexandria city website for current rates.

What are some family-friendly activities in Alexandria?

Alexandria offers many family-friendly activities including visiting the Torpedo Factory Art Center, exploring Waterfront Park, biking the Mount Vernon Trail, and attending community events.

More Alexandria Resources

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