NoVA Real Estate Answers

George Washington Masonic National Memorial in Alexandria, Virginia

Parker-Gray, VA Housing Market Update: September 2026

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by

Kevin Muir
in ,

The short answer

What is the Parker-Gray, VA housing market like in 2026? Parker-Gray is a historic neighborhood in the City of Alexandria, just northwest of Old Town, and Bright MLS reports the city as a whole rather than Parker-Gray 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, and active listings were up 26.8% (Bright MLS). That points to more homes to choose from 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

Active listings rose 26.8% while new pending sales fell 10.9%, so buyers had more homes to compare than a year earlier. Months of supply rose to 2.83.

Why there is no Parker-Gray-only number here

The sourced monthly reports used here publish city-level figures. Alexandria’s totals include many condos and newer buildings, while Parker-Gray is mostly older homes in a historic district, so the neighborhood can look quite different. Rather than estimate a neighborhood number, this post sticks to the city data. For a specific block, ask for the recent sales that apply to it.

Where is Parker-Gray?

The Uptown/Parker-Gray Historic District covers a 45-block area northwest of the Old Town historic district, roughly from Cameron Street north to First Street and from North Columbus Street west to Buchanan, North West and North Henry streets, in ZIP 22314 (Virginia Department of Historic Resources). The Braddock Road Metro station on the Blue and Yellow lines is nearby (WMATA).

Is Parker-Gray a historic district?

Yes, in two ways. The City of Alexandria designated the Parker-Gray Historic District in 1984 (City of Alexandria), and it is one of the city’s two local historic districts, along with Old and Historic Alexandria, where exterior changes visible from a public way need Board of Architectural Review approval (City of Alexandria). The Uptown/Parker-Gray Historic District was also listed on the Virginia Landmarks Register on June 19, 2008, and the National Register of Historic Places on January 12, 2010 (Virginia Department of Historic Resources).

What kinds of homes are in Parker-Gray?

The district has a mix of building types and styles, with buildings dating from about 1810 to 1959, including single-family homes and neighborhood churches and lodges (Virginia Department of Historic Resources). Many homes are attached or set close to the street, and the area also has some newer townhouses and condo buildings.

What do 2026 assessments and taxes look like?

As of January 1, 2026, the city’s average assessment for existing residential property was $757,706, up 3.81% from 2025, and the average single-family home was assessed at $1,045,750, up 4.44% (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 should buyers check in Parker-Gray?

  • Board of Architectural Review. Plan for BAR approval before exterior changes, including windows, doors and additions.
  • Age and condition. Many homes are close to or over 100 years old, so plan a thorough inspection.
  • Permit history. Ask for permit records on renovations and basement work.
  • Parking. Many homes rely on street parking; check the city’s residential permit parking rules.
  • Rail activity. Homes near the Metro and rail lines can hear train traffic; visit at different times of day.
  • School boundaries. Confirm assigned schools for a specific address with Alexandria City Public Schools.

How do I find the best buyer’s agent in Parker-Gray, VA?

Look for an agent who tours older Alexandria homes often, knows how BAR review works, reads inspection reports and permit histories closely, and moves fast on new listings. See the guide to choosing a buyer’s agent in Alexandria, the Old Town market update and the Rosemont buyer’s guide.

Frequently asked questions

What is the median home price in Parker-Gray? Bright MLS does not publish a Parker-Gray-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).

When did Parker-Gray become a historic district? The city designated it in 1984, and it was listed on the National Register on January 12, 2010 (City of Alexandria; Virginia Department of Historic Resources).

Do I need approval to change the outside of a Parker-Gray home? Exterior changes visible from a public way generally need Board of Architectural Review approval (City of Alexandria). Check with the city for a specific address.

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

More on Alexandria: the Alexandria market update, the Alexandria buyer Q&A and the Old Town and Del Ray buyer’s guide.

Sources

Kevin Muir · Compass

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