The Downtown Alexandria housing market is somewhat competitive. Homes in Downtown Alexandria receive 2 offers on average and sell in around 32 days. The median sale price of a home in Downtown Alexandria was $900K last month, up 15.4% since last year. The median sale price per square foot in Downtown Alexandria is $611, down 13.2% since last year.
What is the housing market like in Downtown Alexandria today?
In October 2024, Downtown Alexandria home prices were up 15.4% compared to last year, selling for a median price of $900K. On average, homes in Downtown Alexandria sell after 32 days on the market compared to 33 days last year. There were 126 homes sold in October this year, down from 151 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$900,000
+15.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Downtown Alexandria, VA
$900,000
+15.4%
United States
To compare other locations to the Downtown Alexandria and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Alexandria add value to a home.
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How hot is the Downtown Alexandria housing market?
Downtown Alexandria is somewhat competitive. Homes sell in 35 days.
0
100
68
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 35 days.
Hot homes
can sell for about 1% above list price and go pending in around 13 days.
Learn about schools in the Downtown Alexandria area
Elementary
Middle
High
GreatSchools Rating
6/10
Lyles-Crouch Elementary
Public • PreK-5
445
Students
28 reviews
4/10
Maury Elementary School
Public • K-5
351
Students
50 reviews
2/10
Jefferson-Houston Prek-8 School
Public • PreK-8
651
Students
42 reviews
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 Downtown Alexandria housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Alexandria.
Flood Factor - Moderate
82% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Alexandria has a moderate risk of flooding. 199 properties in Downtown Alexandria are likely to be
severely affected
by flooding over the next 30 years. This represents 82% of all properties in Downtown Alexandria. Flood risk is increasing slower than the national average.
95% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Alexandria has a moderate risk of wildfire. There are 432 properties in Downtown Alexandria that have some risk of being affected by wildfire over the next 30 years. This represents 95% of all properties in Downtown Alexandria.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Alexandria has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Alexandria is most at risk from hurricanes. 453 properties in Downtown 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 120 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 131 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Downtown Alexandria has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Alexandria have a Severe Heat Factor®.
Downtown Alexandria is expected to see a 185% increase in the number of days over 111ºF over the next 30 years. Downtown Alexandria is expected to experience 7