Foreclosures in Alexandria, VA 22309

Current Market Conditions in Alexandria, VA

The real estate market in Alexandria has shown resilience, with a steady increase in home prices over the past few years. Despite fluctuations in the larger national market, demand in Alexandria remains robust due to its prime location and desirable amenities. The inventory of homes also tends to be low, which further drives competition and prices upward.

Investors are particularly attracted to the rental market in Alexandria, where rental demand is consistently high. The influx of new residents, particularly young professionals and families, has created a reliable opportunity for rental income, making it a strategic area for real estate investment.

Rent Prices In Alexandria, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alexandria, VA, is on a rollercoaster ride. The average rent price in Alexandria, VA, is $2,513.00. Indeed, when looking to rent in Alexandria, VA, you can expect to pay as little as $980.00 or as much as $7,990.00, with the average rent median estimated to be $2,450.00. The good news is that finding an affordable and desirable property to rent in Alexandria, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.