Alexandria City, VA real estate

What the numbers say

Alexandria City, VA real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Alexandria City listed for $534,950, up 6.5% from a year earlier. That is 17% above the Virginia median of $455,953.

Homes spent a median of 38 days on the market, slower than 30 days a year ago. That makes Alexandria City the #7 fastest-selling of 37 Virginia counties we track.

Homeowners in Alexandria City pay a median of $7,024 a year in property taxes on a median home value of $735,100, an effective rate of about 0.96%. The Virginia average is 0.73%, which makes Alexandria City the #126 lowest-tax of 133 counties in the state with published tax data.

Renters pay a median of $2,089 a month, and $2,362 for a two-bedroom. At today's prices a typical home costs about 21 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $535,000 home here comes to about $3,565 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $153,000 a year (the median household here earns $119,681).