Foreclosure Homes in Alexandria, VA 22314

Current Market Conditions in Alexandria, VA

The real estate market in Alexandria is currently competitive, with a healthy demand for single-family homes and condos. The low inventory of available properties has led to increased prices, with many homes receiving multiple offers. Buyers are especially interested in homes located near the waterfront and within walking distance to Old Town amenities.

In recent months, luxury properties in Alexandria have seen significant appreciation, attributed to an influx of professionals moving to the area for job opportunities in D.C. The city is experiencing a trend towards family-oriented neighborhoods, as more families seek stability and community amidst the bustling urban environment.

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.