Alexandria Housing Market 2025 Review
Daniel ParkNo. 120
Key takeaways
- Alexandria’s average home sale price rose 5.3% in 2025 to $818,871, according to MarketStats by ShowingTime data reported by FFXnow on January 14, 2026.
- That outpaced Arlington’s 3.3% gain and the statewide median price gain of 3.2% reported by Virginia REALTORS.
- Apartment rents moved the other way: Apartment List data showed Alexandria’s median rent down 2.7% over 2025, with units taking longer to lease.
- NVAR’s 2026 forecast calls for modest price gains in Alexandria (about 1% to 4% depending on property type) and noticeably more condo and townhouse inventory.
- 2026 assessment notices are scheduled to mail February 25; the review deadline is March 16.
Alexandria’s housing market had a steady, price-positive 2025: the city’s average sale price rose 5.3% to $818,871, outpacing Arlington and the state, even as rents softened and the broader region dealt with federal workforce cuts and a 43-day government shutdown. For 2026, the regional REALTOR association expects more modest price growth and more inventory, especially for condos and townhouses. Here is what the data published as of mid-February 2026 tells buyers, sellers and owners in the City of Alexandria.
2025 by the numbers
Full-year jurisdiction data trickles out in January and February, so I am using figures that have been published so far and noting each source and period.
| Measure | Figure | Source and period |
|---|---|---|
| Alexandria average sale price, 2025 | $818,871 (up 5.3%) | MarketStats by ShowingTime via FFXnow, full year 2025 |
| Arlington average sale price, 2025 | $928,998 (up 3.3%) | Same source, full year 2025 |
| Northern Virginia home sales, 2025 | About 26,696 (up about 1%) | FFXnow analysis of Bright MLS data, full year 2025 |
| Virginia median sale price, 2025 | $425,000 (up 3.2%) | Virginia REALTORS, December 2025 report |
| Alexandria median apartment rent | $2,166 (down 2.7% year over year) | Apartment List via ALXnow, January 2026 |
| Alexandria real estate tax rate | $1.135 per $100 | City of Alexandria, tax year 2025 |
A note on averages: an average sale price can be pulled up by a handful of expensive sales, and Alexandria had some in 2025 and early 2026, including a record $7.5 million sale in Seminary Hill reported in January. Your neighborhood and property type matter far more than a citywide figure.
What drove Alexandria’s market in 2025
Limited supply of single-family homes
Detached homes in neighborhoods like Del Ray, Rosemont, Seminary Hill and North Ridge remained scarce, and well-prepared listings continued to draw competition in spring. The city’s own assessment office noted low inventory and rising residential values when it released 2025 assessments, which rose 4.55% for residential property overall.
Federal workforce changes and the shutdown
Federal job cuts in early 2025 and the October to November shutdown made some buyers cautious, and the wider Washington region saw sales dip about 1.1% for the year per Bright MLS. Alexandria still posted price gains, which suggests demand held up better than many feared. I covered the early effects in federal job cuts and the Northern Virginia housing market.
Softer rents
Rents declined over 2025, and units averaged 41 days to lease, the longest since Apartment List began tracking in 2019. For investors, that means underwriting with conservative rent growth. For some renters, it shifts the rent-versus-buy math toward waiting, while for others with stable income, falling mortgage rates made buying more attractive late in the year.
Policy in the background
The city’s Zoning for Housing changes, which allow up to four units on lots that were once limited to single-family homes, remain in effect. A lawsuit challenging them was dismissed in November 2025 and is now on appeal. So far the practical impact on resale prices is limited, but it is worth watching on any lot you buy.
What 2026 could look like
NVAR’s 2026 forecast, published December 29, 2025, projects these changes for the City of Alexandria compared with 2025:
| Property type | Median price | Unit sales | Inventory |
|---|---|---|---|
| Single-family | Up 4.2% | Up 4.5% | Expected to rise |
| Townhomes | Up 2.5% | Up 3.5% | Up 21.9% |
| Condominiums | Up 1.1% | Up 4.6% | Up 30.3% |
NVAR also expects mortgage rates to hover around 6% for much of 2026. Translation: condo and townhouse buyers may finally get more choice and negotiating room, while single-family homes stay tight.
Assessment season: dates Alexandria owners need now
The city presented 2026 assessment information to City Council on February 10. According to the Office of Real Estate Assessments, notices are scheduled to mail February 25, requests for review are due March 16, and appeals to the Board of Equalization are due June 1. Council sets the 2026 tax rate when it adopts the budget in late April. If your notice looks high relative to recent sales of similar homes, gather comparables now.
A worked example: what a 5% price gain means
This is an illustrative example only, not an appraisal. Suppose an Alexandria townhouse was worth $700,000 at the start of 2025 and tracked the citywide average gain of about 5%.
| Item (illustrative) | Amount |
|---|---|
| Value early 2025 | $700,000 |
| Value early 2026 at about 5% gain | $735,000 |
| Added equity on paper | $35,000 |
| Annual tax on $735,000 at $1.135 per $100 (if assessed at that value) | About $8,342 |
| If 2026 gain is 2.5% (NVAR townhome forecast) | About $753,000 by early 2027 |
Real outcomes vary by street, condition and property type. For a true estimate, start with my home value tool and then ask me for a comparative market analysis.
Common mistakes I expect to see in 2026
- Sellers pricing off 2025’s average gain instead of current comparable sales in their building or block.
- Condo sellers ignoring the forecast inventory jump and listing too high in spring.
- Buyers assuming every Alexandria home is in a multiple-offer situation. Many condos and some townhouses will not be.
- Owners missing the March 16 assessment review deadline.
- Investors projecting rent growth that the 2025 data does not support.
Daniel’s tip: If you plan to sell an Alexandria condo this year, list before the spring inventory builds and get your resale disclosure packet ordered early. In a market forecast to add 30% more condo inventory, being early and well-prepared matters more than usual.
Want to know what 2025’s market means for your Alexandria home or search? I’ll pull the numbers for your neighborhood.
For the bigger picture, read my Northern Virginia 2025 market review and the Arlington 2025 review, or browse Alexandria neighborhoods.
Frequently asked questions
Did home prices go up in Alexandria, VA in 2025?
Yes. The average sale price in the City of Alexandria rose 5.3% to $818,871 in 2025, according to MarketStats by ShowingTime data reported by FFXnow.
Is the Alexandria housing market expected to cool in 2026?
NVAR forecasts slower but still positive price growth in 2026, with larger inventory increases for townhomes and condos. That points to a more balanced market rather than a decline.
When do Alexandria 2026 assessment notices come out?
The city plans to mail 2026 assessment notices on February 25, 2026. Requests for review are due March 16 and Board of Equalization appeals by June 1.
Are rents going down in Alexandria?
Apartment List data showed Alexandria’s median rent down 2.7% over 2025, to $2,166 in January 2026, with units taking longer to lease.
Sources
Filed under Inside Alexandria, Market Pulse
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