Summary answer: There is no single average sale price for Alexandria this year, because the figure depends on the source, the period, and whether you mean an average or a median. Redfin reported a median sale price of $736,450 for August 2026. Bright MLS data for the 12 months to late July showed a citywide median of $700,000, up 3.7%, and MarketStats data for June 2026 showed average prices of $1,404,691 for detached homes, $719,732 for attached homes, and $468,466 for condos. For your decision, the number for your property type and neighborhood matters more than any citywide figure.
I'm Johnny with JQ Real Estate. Let me line up the numbers with their sources so you know which one to trust for what.
The numbers, with sources
| Measure | Figure | Source and Period |
|---|---|---|
| Median sale price, all types | $736,450 (up 11.2%) | Redfin, August 2026 |
| Median sold price, all types, 12 months | $700,000 (up 3.7% from $675,000) | Bright MLS via Fox Homes Team, to July 2026 |
| Median sold price, last 90 days | $734,977 | Bright MLS via Fox Homes Team, to late July 2026 |
| Average sale price, detached | $1,404,691 (down 2.7%) | MarketStats via ALXnow, June 2026 |
| Average sale price, attached | $719,732 (down 0.5%) | MarketStats via ALXnow, June 2026 |
| Average sale price, condos | $468,466 (down 6.2%) | MarketStats via ALXnow, June 2026 |
| Average sale price, citywide | $850,041 (up 1.1%) | MarketStats via ALXnow, June 2026 |
| Old Town 22314 average, Jan-Aug | $1,045,734 (up 2.3%) | Bright MLS via The Zebra |
Why these numbers don't match
Averages are pulled up by expensive sales, and medians are not. A single month's average swings with the number of large detached homes that close. The citywide June average rose 1.1% even though every property segment fell, because the mix of what sold tilted toward higher-priced homes. Redfin's August median rose 11.2% while the Old Town ZIP median for the year to date was about 2% below the prior year. These are real numbers from different slices of the market, and none of them is wrong.
Which number to use
- For a house or townhome, use the median for your property type and your ZIP code, such as the Bright MLS medians of $900,000 for single-family and $728,750 for townhouses.
- For a condo, use the condo median of $377,000 and then look at your specific building.
- For direction, use the FHFA index, which rose 1.0% in 2025, and the segment trends from MarketStats.
- For pricing your home, use closed sales within a few blocks in the last 90 days.
What is driving the numbers
- Inventory. The Northern Virginia Realtors' forecast for Alexandria projects detached inventory down 9.1% and condo inventory up 31.0% in 2026.
- Rates. The 30-year average was 7.28% on October 1, 2026, the highest since November 2023.
- Mix. The share of expensive homes in each month's sales moves the average.
- Federal employment. City officials noted in 2025 that about 13,000 federal workers live in Alexandria, and they cited uncertainty around federal decisions in setting the budget.
Price per square foot is another lens
Redfin reported $458 per square foot for Alexandria in August 2026, up 5.0% from a year earlier. Price per square foot is useful for comparing homes of different sizes, but it breaks down across property types, because small condos often cost more per square foot than large houses, and a historic rowhouse may carry a premium that has nothing to do with size. Use it within a property type and a neighborhood, and treat the citywide figure as context. When I price a home, I look at the price per square foot of the three or four best comparable sales and cross-check it against the total price, so neither number misleads me.
What it means for pricing your home
Do not price off the headline. A seller who reads the Redfin figure and prices a condo at $736,000 will not get far, because condos are selling around half that. A seller who reads the condo average and prices a Del Ray house at $468,000 would give away money. Use the segment, then the ZIP code, then your block. I also look at price drops: 28.4% of homes had one in August, and overpriced listings are most of them.
An example
Suppose a townhome owner in the 22314 ZIP code sees a $1,045,734 average and assumes it applies to her. The median for the same period was $875,000, and her townhome is a two-bedroom of 1,500 square feet. The average is pulled up by large historic houses sold on the same blocks. A CMA of townhomes of similar size shows recent sales between $760,000 and $840,000. She prices at $829,000. Using the right comparison kept her from listing $200,000 above the market.
Get the number for your home
Reach out and I'll pull the sales for your property type, ZIP code, and block, and tell you how your home compares to the headline figures.
For more Alexandria buyer and seller questions, visit our Alexandria real estate hub.