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Living in Potomac Yard

A redeveloped rail yard between Richmond Highway and the George Washington Memorial Parkway, with recent townhouses and condominiums, the 24-acre Potomac Yard Park, and a Blue and Yellow Line station that opened in 2023.
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Living in Potomac Yard

New streets of townhouses and condominiums now cover what was once a major freight rail yard.
Potomac Yard takes its name from the freight switching yard that opened here in 1906 and was decommissioned in 1989. After an environmental cleanup, the land was rebuilt in stages. The area mapped on this page is approximate. It is drawn around recent sales labeled Potomac Yard and Potomac Greens in the City of Alexandria, runs from the Braddock Road area north toward the Metro station, and also takes in Old Town Greens and a few addresses on the Del Ray side of Richmond Highway. The Arlington portion of Potomac Yard and the big-box shopping center to the north are outside it. Housing is recent. Most homes that sold in the past 12 months were built in the 2000s, 2010s or 2020s, and about four in five were townhouses. Condominiums make up most of the rest. Across about 65 sales the median price was roughly $1,170,000, with townhouses at a median near $1,212,000 and condominiums near $1,012,500. Potomac Yard Park, a 24-acre linear park that opened in 2013, runs along the rail line with playgrounds, sports fields and a fountain. Potomac Greens sits east of the tracks, toward the George Washington Memorial Parkway. Potomac Yard Center, a large shopping center anchored by big-box stores, is north of the Metro station, beyond the mapped area, and Del Ray’s Mount Vernon Avenue is a few blocks west. The Potomac Yard station on the Blue and Yellow lines opened in May 2023 at the north end of the neighborhood, just beyond the outline used here, with entrances on Potomac Avenue and on Potomac Greens Drive. Virginia Tech’s Innovation Campus opened its first academic building next to the station in 2025. Braddock Road station is just past the south end. Metroway bus rapid transit runs in dedicated lanes along Richmond Highway toward Crystal City, and Virginia Railway Express and freight trains pass on the tracks beside the park. I’m glad to walk you through the differences between the townhouse sections, the condominium buildings and the blocks nearest each station.

Key Highlights:

  • Housing character — Townhouses from the 2000s through the 2020s on a tight street grid, with condominium buildings on Swann Avenue and Potomac Avenue.
  • Green space — Potomac Yard Park, a 24-acre linear park opened in 2013, with playgrounds, sports fields and a fountain along the rail line.
  • Daily essentials — Potomac Yard Center's big-box stores are north of the Metro station, outside the mapped area; Del Ray's Mount Vernon Avenue is a few blocks west.
  • Transit — Potomac Yard station (Blue and Yellow lines) just past the north end, Braddock Road station to the south, and Metroway buses on Richmond Highway.
  • Schools — Alexandria City Public Schools; confirm assigned schools for any address with the district's boundary locator.
  • Market character — About 65 sales in 12 months at a median near $1,170,000, most of them townhouses selling in a median of about 9 days.
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Potomac Yard Real Estate FAQs

Insight into the nuances of buying and selling in one of the country’s most complex urban markets.

It is a former freight rail yard, opened in 1906 and decommissioned in 1989, that has been rebuilt with townhouses, condominiums, a 24-acre park and a Metro station that opened in 2023.
It is in northeast Alexandria between Richmond Highway and the George Washington Memorial Parkway, north of Old Town and east of Del Ray. The area on this page is approximate and includes Potomac Greens and Old Town Greens.
Yes. Potomac Yard station on the Blue and Yellow lines is at the north end, just outside the area mapped here, and Braddock Road station is just past the south end. Metroway buses run on Richmond Highway.
Mostly townhouses built from the 2000s onward, along with condominium buildings. About 52 of the 65 sales in the past 12 months were townhouses.
The median sale price over the past 12 months was about $1,170,000. Townhouses had a median near $1,212,000 and condominiums near $1,012,500, with sales from about $505,000 to $1,650,000.
The median time on market was 11 days overall. Townhouses sold in a median of about 9 days, while the 12 condominium sales took a median of about 36 days.
Potomac Yard Center, a shopping center anchored by big-box stores, is north of the Metro station, outside the mapped area. Del Ray’s Mount Vernon Avenue and Old Town are both close by.
The area is served by Alexandria City Public Schools. Confirm the assigned schools for a specific address with the district’s boundary locator.

Location & Neighborhood

Northeast Alexandria, between Richmond Highway and the George Washington Memorial Parkway

The area on this page is an approximate outline around recent sales labeled Potomac Yard and Potomac Greens. It runs from the Braddock Road area at the south end north to just short of the Potomac Yard Metro station, with Richmond Highway (Route 1) along the west side, where the outline also catches a few Del Ray addresses, and the George Washington Memorial Parkway on the east. The rail line splits it: Potomac Avenue, Main Line Boulevard and Swann Avenue hold the townhouses and condominium buildings west of the tracks, and Potomac Greens Drive and Old Town Greens sit east of them.

Between two Blue and Yellow stations

Potomac Yard station, opened in May 2023, sits just past the north end with entrances on Potomac Avenue and Potomac Greens Drive. Braddock Road station is just beyond the south end. Metroway bus rapid transit uses dedicated lanes on Richmond Highway toward Crystal City, and the George Washington Memorial Parkway leads to Reagan National Airport and Washington DC.

Potomac Yard Center, a shopping center of roughly 590,000 square feet anchored by big-box stores, is north of the Metro station, outside the mapped area. Restaurants and independent shops line Mount Vernon Avenue in Del Ray, a few blocks west across Richmond Highway. Old Town’s King Street is a short trip south.

Neighboring Area:

  • Del Ray — west across Richmond Highway, along Mount Vernon Avenue
  • Old Town North — south and southeast, toward the Potomac waterfront
  • Braddock Road area — south end, around the Braddock Road Metro station
  • Arlandria — northwest, toward Four Mile Run
  • Crystal City — north in Arlington, along Richmond Highway

A Day In The Life - Snapshot

The quick details buyers ask about most.

Metro Access
Potomac Yard station on the Blue and Yellow lines is just past the north end of the mapped area, and Braddock Road station on the same lines is just beyond the south end.
Walkability
Sidewalks, short blocks and the linear park make walking practical within the neighborhood. The big-box shopping center to the north and Del Ray to the west are a longer walk or short ride.
Typical Home Types
Multi-level townhouses from the 2000s through the 2020s make up most of the housing, with condominium units in recent multi-story buildings on the main avenues.
Parking
Townhouses generally have attached garages, often reached from rear alleys, and condominium buildings have garage parking. Street parking rules vary by block, so check signs and any permit requirements.
Vibe
New brick and siding rows on a planned street grid, with a long park along the rail line. Trains pass regularly and aircraft from Reagan National are audible overhead.
Best For
Buyers who want a recent townhouse or condominium with garage parking near a Blue and Yellow Line station, and who accept small private outdoor space plus train and aircraft noise.

Potomac Yard Market Snapshot

A high-level look at current pricing, demand, and sales activity in the Potomac Yard real estate market.
$1,170,000

Median Sales Price

$480

Median Price Per Sq Ft

11

Median Days On Market

65

Annual Closed Sales

-5.5%

YoY Median Price Change

Potomac Yard is primarily a townhouse market, with a smaller condominium segment in recent buildings and almost no detached houses. The snapshot covers every closed sale inside the mapped area over the trailing twelve months through September 2026 — 52 townhouses and semi-detached homes, 12 condominiums, and 1 detached house. Price per square foot uses interior living area.

Across all home types the median sale was $1,170,000 at about $480 per square foot, with a median of 11 days on market and sales averaging 98% of original list price. The median fell about 6% from the prior twelve months. Within segments, the townhouse median fell about 3% to $1.21 million.

Market data reflects recent 12-month activity. Individual buildings may vary.

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Homes for Sale in Potomac Yard

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Recently Sold

Recently Sold in Potomac Yard

Closed sales from the past 12 months — the comps that set today’s pricing.

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In-Depth Market Analysis

Potomac Yard Market Insights

How pricing trends, absorption rates, and inventory levels are shaping buying and selling

Inventory & Absorption

About 65 homes sold in the mapped area over the past 12 months, compared with 60 the year before. Townhouses dominate: roughly 52 of the 65 sales, with 12 condominiums and a single detached house. Most of what sold was built in the 2010s, followed by the 2000s and the 2020s. Condominium supply is small and concentrated in a few buildings, so choice in that segment depends heavily on timing.

Pricing Dynamics

The median sale price was about $1,170,000, down about 6 percent from roughly $1,239,000 a year earlier. Townhouses had a median near $1,212,000, compared with $1,245,000 the prior year. The 12 condominium sales had a median near $1,012,500 and the highest price per square foot, about $702. Sales ranged from about $505,000 to $1,650,000, and the overall median price per square foot was about $480.

Buyer Profile

Townhouses sold in a median of about 9 days and closed at about 99 percent of original list price; 27 of 52 closed at or above the original list price. Condominiums were slower, with a median of about 36 days and sales at about 96 percent of original list. Across all 65 sales, 31 closed at or above the original list price and the median time on market was 11 days.

Strategic Outlook

Townhouse demand held close to its prior-year pace while prices slipped modestly, and condominiums took noticeably longer to sell than a year ago, though that segment is only 12 sales. Homes built in the 2020s were still part of the past year’s sales, so newer supply may continue to shape pricing. I would treat the past year as a mild easing, not a forecast of where prices go next.

Market Position Overview:

Inventory Level: Balanced with selective competition

Negotiation Environment: Moderate flexibility

Typical Days on Market: 25-45 (well-priced units)

Rental Demand: Consistent due to transit proximity

Long- Term Outlook: Stable, walkability-driven value

Potomac Yard Housing & Architecture

Almost everything here was built after the rail yard closed, in townhouse rows and condominium buildings from the 2000s through the 2020s.
Potomac Yard Townhouses
Rows west of the tracks along Potomac Avenue, Main Line Boulevard and the cross streets, most built in the 2010s. Townhouses across the mapped area sold at a median near $1,212,000 over the past 12 months.
Potomac Greens
A residential section east of the rail line, reached by Potomac Greens Drive and bordered by the George Washington Memorial Parkway. About 18 recent sales carried this label, and one of the Metro station’s entrances is on Potomac Greens Drive.
Old Town Greens
A smaller group of homes at the southeast end of the mapped area, east of the tracks. Only a few sales carried this label in the past 12 months, so pricing here is best judged from individual comparable sales.
Condominium Buildings
Recent multi-story buildings, including addresses on Swann Avenue and Potomac Avenue. The 12 condominium sales in the past 12 months had a median near $1,012,500 and took longer to sell than townhouses.
2020s Construction
About ten of the past year’s sales were homes built in the 2020s, the newest product in the area. Ask the city what is planned or under construction on nearby blocks before choosing a location.
Park-Side Blocks
Homes facing or backing to Potomac Yard Park get open views and direct path access. The park borders the rail line, so expect to hear passing freight and commuter trains on those blocks.

Condo Buildings

Condo Buildings in Potomac Yard

Building-by-building guides with amenities, fees, recent sales and what's for sale now.

Potomac Yard

The Dylan

701 Swann Ave

  • Built 2023
  • 6 stories
  • 138 residences
View building →
All Potomac Yard condo buildings →

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