New - 2 hours on Rocket
$4,156 Closing Credit¹
Hassan Rahmani, Listing Office: Keller Williams Realty
Alexandria Housing Market Report December 2024•Fairfax County, Virginia
Housing Prices in Alexandria, VA
How much do homes in Alexandria, VA cost?
Housing Market Conditions
Is Alexandria, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Alexandria is a Seller's Market
Difference Since December 2023
Since last year, Alexandria has remained a Seller's Market.
Insight
Alexandria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$667,250$385/SqFt
+$43,723
+7.0%
Based on all homes sold in the last 12 months
Insight
Homes in Alexandria have sold for 7% more than they did a year ago.
Summary: The median home sold price in Alexandria was $667,250 in December 2024, up 7% from last year, and the median price per square foot was $385.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Mount Vernon | $655K | $715K | +9.2% |
| Lee | $586.3K | $627.5K | +7.0% |
| Alexandria | $623.5K | $667.2K | +7.0% |
| Mason | $660.9K | $706.1K | +6.8% |
| Alexandria | $623.9K | $664.3K | +6.5% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $290.3K | $300K | +3.3% |
| 22 Bedrooms | $429.6K | $451.7K | +5.1% |
| 33 Bedrooms | $675.1K | $714.9K | +5.9% |
| 44 Bedrooms | $802.8K | $850K | +5.9% |
| 55+ Bedrooms | $1.0M | $1.1M | +2.5% |
Summary: Alexandria housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +3.3%. The home price for 2 bedroom homes increased by +5.1%. The home price for 3 bedroom homes increased by +5.9%. The home price for 4 bedroom homes increased by +5.9%. The home price for 5 bedroom homes increased by +2.5%.
Housing supply in Alexandria, VA
How many homes are available in Alexandria, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 784Last MonthDec 2024 | ||
| 8592 months agoNov 2024 | -8.7 % Change MoMNov – Dec |
Summary: The Alexandria real estate market had 784 homes for sale in Dec 2024, a 8.7 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 265Last MonthDec 2024 | ||
| 2712 months agoNov 2024 | -2.2 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 133 | 122 | -8.3% |
| 22 Bedrooms | 258 | 238 | -7.8% |
| 33 Bedrooms | 268 | 236 | -11.9% |
| 44 Bedrooms | 123 | 112 | -8.9% |
| 55+ Bedrooms | 77 | 76 | -1.3% |
Summary: Alexandria housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -8.3%. The inventory for 2 bedroom homes decreased by -7.8%. The inventory for 3 bedroom homes decreased by -11.9%. The inventory for 4 bedroom homes decreased by -8.9%. The inventory for 5 bedroom homes decreased by -1.3%.
Asking Price vs. Sold Price
How much do homes in Alexandria, VA cost?
Over Asking Price78 Homes
At Asking Price79 Homes
Under Asking Price108 Homes
Insight
If you're buying a home in Alexandria, you may be able to get a good deal. 40.8% of homes here sold below asking price last month.
Summary: A total of 265 homes were sold or pending in Alexandria in December 2024, down by 2.2% month-over-month. Of the 265 sold homes, 41% were sold under asking, 30% were sold at asking, and and 29% were sold over asking.
Days on Market for Alexandria, VA
How long does it take to sell a home in Alexandria, VA?
Breakdown of Home Sale Times
Under 30 Days178 Homes
30 – 90 Days77 Homes
Over 90 Days10 Homes
Insight
Many homes in Alexandria are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 265 homes were sold in Alexandria; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 27 DaysThis YearDec 2024 | ||
| 27 Days1 year agoDec 2023 | +0.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Alexandria had an average listing age of 27 days in Dec 2024, up by 0.6% compared to the previous year.
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Newest Listings in Alexandria, VA
What homes are available in Alexandria, VA?
Coming soon
$8,194 Closing Credit¹
Gerald A Hodges Sr., Listing Office: RE/MAX Distinctive Real Estate, Inc.
Coming soon
$6,228 Closing Credit¹
Greg M Culbertson, Listing Office: RE/MAX Allegiance
Coming soon
$7,066 Closing Credit¹
Inhee Yoo, Listing Office: Fairfax Realty Select
Coming soon
$4,986 Closing Credit¹
Irina Babb, Listing Office: Samson Properties
Coming soon
$5,994 Closing Credit¹
Irina Babb, Listing Office: Samson Properties
New - 5 hours on Rocket
$2,730 Closing Credit¹
Steven Benitez, Listing Office: Samson Properties
Coming soon
$10,000 Closing Credit¹
Sarah A. Reynolds, Listing Office: Keller Williams Chantilly Ventures
New - 7 hours on Rocket
$4,073 Closing Credit¹
Brian J Adem, Listing Office: Real Broker, LLC
Coming soon
$10,000 Closing Credit¹
Christopher Craddock, Listing Office: EXP Realty, LLC
New - 9 hours on Rocket
$2,552 Closing Credit¹
Brad C Kintz, Listing Office: Long & Foster Real Estate, Inc.
New - 12 hours on Rocket3D tour
$9,499 Closing Credit¹
Natalie Wiggins, Listing Office: Redfin Corporation
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.