Housing in Alexandria, VA has a median value of $590,300, which is much higher than the US median house value of $338,100. Despite the high cost of housing in Alexandria, real estate appreciation over the past year has been modest at 5.12%, compared to the national rate of 8.27%. This suggests that while housing remains expensive in Alexandria relative to other parts of the country, it is an area with stable growth potential.
The median home cost in Alexandria is $590,300. Home appreciation the last 10 years has been 53.2%. Home Appreciation in Alexandria is up 6.4%.
Average Age of Homes
- The median age of Alexandria real estate is 46 years old
The Rental Market in Alexandria
- Renters make up 51.4% of the Alexandria population
- 2.2% of houses and apartments in Alexandria, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.