NoVA Real Estate Answers

Old Town Alexandria, VA Housing Market Update: September 2026

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by

Kevin Muir
in ,

The short answer

What is the Old Town Alexandria, VA housing market like in 2026? Old Town is a neighborhood in the City of Alexandria, and Bright MLS reports the city as a whole rather than Old Town alone. Citywide in September 2026, the median sold price was $660,000, down 11.4% from a year earlier, homes took a median of 19 days to sell, 5 days longer than a year before, and active listings were up 26.8% (Bright MLS). That points to more choice and a little more time for buyers than a year ago.

City of Alexandria numbers, September 2026

September 2026 vs. September 2025, per Bright MLS:

  • Closed sales: 143, down 14.4%
  • Median sold price: $660,000, down 11.4%
  • Median days on market: 19 days, up 5 days
  • New pending sales: 147, down 10.9%
  • New listings: 205, up 4.6%
  • Active listings: 464, up 26.8%
  • Months of supply: 2.83, up 0.58 months

New pending sales fell 10.9% while active listings rose 26.8%, so more homes were on the market and fewer went under contract than a year earlier. Months of supply rose to 2.83.

Why there is no Old Town-only number here

The sourced monthly reports used here publish city-level figures. Alexandria’s totals mix Old Town rowhouses and condos with Del Ray houses, West End high-rises and new Potomac Yard townhomes, so Old Town can look quite different. Rather than estimate a neighborhood number, this post sticks to the city data. For a specific street or building, ask for the recent sales that apply to it.

What did the city assess homes at for 2026?

As of January 1, 2026, the average assessment for existing residential property in the City of Alexandria was $757,706, up 3.81% from 2025; single-family homes averaged $1,045,750, up 4.44%, and condos $460,185, up 2.81% (City of Alexandria). The calendar year 2026 real estate tax rate is $1.135 per $100 of assessed value (City of Alexandria). Assessments are the city’s estimate for tax purposes, not a sale price.

What is Old Town like?

Old Town is the original town of Alexandria, laid out on the Potomac River waterfront in 1749, when the first lots were auctioned (City of Alexandria). King Street runs from the waterfront west toward the King Street–Old Town Metro station on the Blue and Yellow lines (WMATA). Much of the neighborhood is in the Old and Historic Alexandria District, designated in 1946 as the third historic district in the United States, after Charleston and New Orleans (City of Alexandria). Housing includes 18th- and 19th-century rowhouses, newer townhouses and condo buildings.

What should buyers check in Old Town?

  • Historic district rules. New construction and exterior changes visible from a public way need a Certificate of Appropriateness, and demolition of more than 25 square feet of material needs a Permit to Demolish from the Board of Architectural Review (City of Alexandria).
  • Age and condition. Many homes are well over 100 years old; plan a thorough inspection of the structure, roof, wiring and plumbing.
  • Flood zones. Check flood zone status for homes near the waterfront.
  • Condo documents. Review fees, reserves, rules and any special assessments.
  • Parking. Many blocks rely on street parking with residential permit districts.
  • School boundaries. Confirm assigned schools for a specific address with Alexandria City Public Schools.

How do I find the best buyer’s agent in Old Town Alexandria?

Look for an agent who has toured many Old Town rowhouses and condos, understands the Board of Architectural Review process, reads inspection reports and condo documents carefully, and moves quickly on new listings. For more on the city, see the Old Town and Del Ray buyer’s guide and the Alexandria market update.

Frequently asked questions

What is the median home price in Old Town Alexandria? Bright MLS does not publish an Old Town-only figure. The City of Alexandria’s median sold price was $660,000 in September 2026, down 11.4% from a year earlier (Bright MLS).

How fast are homes selling in Alexandria? A median of 19 days in September 2026, 5 days longer than a year earlier (Bright MLS).

Is inventory rising in Alexandria? Yes. Active listings were 464 in September 2026, up 26.8% from a year earlier (Bright MLS).

Is Old Town a historic district? Much of it is in the Old and Historic Alexandria District, designated in 1946 (City of Alexandria).

Is Old Town near Metro? Yes. The King Street–Old Town station on the Blue and Yellow lines is at the west end of the neighborhood (WMATA).

Who is a buyer’s agent for Old Town? I’m Kevin Muir with Compass, and I help buyers in Old Town, Parker-Gray, Del Ray and across Alexandria.

Sources

Kevin Muir · Compass

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