Old Town Alexandria Real Estate Market Update: What Buyers and Sellers Need to Know

Steeped in history and brimming with waterfront charm, Old Town Alexandria continues to be one of Northern Virginia’s most coveted communities. From cobblestone streets to luxury townhomes and riverfront condos, this vibrant neighborhood blends colonial elegance with modern convenience — making it a hot spot for homebuyers, sellers, and investors alike.

If you’re thinking about making a move in Old Town Alexandria, here’s the latest market update you’ll want to know.

Old Town Alexandria Real Estate Snapshot (Summer 2025)

Median Home Price: $1,025,000
Median Condo Price: $510,000
Average Days on Market: 19
Buyer Demand: Extremely strong for homes with outdoor space and walkability
Inventory Levels: Tight, especially for single-family and historic townhomes

What Buyers Should Expect

Old Town Alexandria remains a competitive market for buyers, especially in its most desirable historic blocks and near the waterfront. With low inventory and steady demand, well-maintained homes often receive multiple offers within days of hitting the market.

Pro Tips for Buyers:

Get pre-approved before touring homes.
Be prepared to move quickly on properties you love.
Consider homes slightly outside of the waterfront core for better pricing.
Work with a local real estate expert who knows Old Town’s block-by-block market nuances.

What Sellers Need to Know

If you’ve been considering selling your Old Town Alexandria property, the current market conditions are in your favor. High buyer demand and limited inventory have pushed home values upward, especially for updated properties with outdoor space, parking, or waterfront proximity.

Pro Tips for Sellers:

Invest in professional staging and photography — visuals matter in a competitive market.
Price your home strategically based on recent comps, not just national trends.
Highlight unique features like private courtyards, historical details, and proximity to King Street or the waterfront.
List during peak seasons (spring and early summer) for maximum visibility and buyer activity.

Why Buyers & Sellers Are Drawn to Old Town Alexandria

Beyond market stats, people are consistently drawn to Old Town for its:

Historic charm and 18th-century architecture
Prime location just minutes from Washington D.C.
Waterfront parks, boutiques, and award-winning restaurants
Year-round community events and festivals
Walkability to Metro stations and major commuter routes

Looking to Buy or Sell in Old Town Alexandria?

Navigating the Old Town market requires an experienced, local advocate. Whether you’re searching for your dream home, a waterfront condo, or a strategic investment property — 4J Real Estate is here to help you make smart, informed moves.

Posted by Justin Paulhamus on July 12th, 2025

4J Real Estate Blog