Real Estate
[Old Town Rankings] Top 5 Least Expensive Neighborhoods
See the latest rankings of the most affordable neighborhoods in Old Town Alexandria. Is your neighborhood on the list?
Although home values in Northern Virginia are on the rise, you can still find some great budget-friendly neighborhoods in Old Town Alexandria. In the past 30 days, 60 properties have sold in Old Town Alexandria ranging from a 3-bed, 3.5-bath townhouse for $88,200 to a 3-bed, 4.5-bath townhouse for $2,316,020. The average sold price was $738,757.
Top 2 Lowest Price Old Town Alexandria Neighborhoods for Detached Homes
In the past 12 months, a total of 52 single family detached homes sold in Old Town Alexandria for an average sold price of $1,018K. These were the least expensive Old Town Alexandria neighborhoods with at least 6 sales.
| Subdivision | Sold (Ave) | Highest | Lowest | % Lower |
| Clover | $839,867 | $1,020,000 | $644,900 | -18% |
| Old Town | $1,248,688 | $2,875,000 | $380,000 | 23% |
Top 5 Lowest Price Old Town Alexandria Neighborhoods for Townhomes
In the past 12 months, a total of 481 townhouses sold in Old Town Alexandria for an average sold price of $862K. These were the least expensive Old Town Alexandria townhouse neighborhoods.
Find out what's happening in Old Town Alexandriawith free, real-time updates from Patch.
| Subdivision | Sold (Ave) | Highest | Lowest | % Lower |
| Jefferson Homes | $562,934 | $649,500 | $420,000 | -35% |
| Mt Vernon Const Co | $619,333 | $695,000 | $518,000 | -28% |
| Old Town Greens | $621,650 | $870,000 | $524,900 | -28% |
| Westover | $624,563 | $719,500 | $500,000 | -28% |
| Watergate Of Old Town Alexandria | $630,667 | $715,000 | $570,000 | -27% |
Top 5 Lowest Price Old Town Alexandria Neighborhoods for Condos
In the past 12 months, a total of 315 condos sold in Old Town Alexandria for an average sold price of $482K. These were the least expensive Old Town Alexandria condo communities.
| Subdivision | Sold (Ave) | Highest | Lowest | % Lower |
| Port Royal | $211,983 | $310,000 | $158,000 | -56% |
| Potowmack Crossing | $241,878 | $280,000 | $212,000 | -50% |
| Bearings South | $252,493 | $323,000 | $175,000 | -48% |
| Quaker Hill | $269,786 | $295,000 | $230,000 | -44% |
| Harbor Terrace | $270,929 | $395,000 | $175,000 | -44% |
Find out what's happening in Old Town Alexandriawith free, real-time updates from Patch.
Peggy Yee is a supervising broker at Frankly Realtors and is one of Northern Virginia Magazine's Top Realtors in 2015-2019. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com.
Information based on BrightMLS data and deemed reliable but not guaranteed.
