Alexandria, VA—22305
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alexandria, VA
As of Oct '25, the median home price in Alexandria, VA is $790,000, with a year-over-year change of 0.6%. This indicates that home prices in Alexandria, VA are flat. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $790,000 | 0.6% |
| Single Family | $831,000 | 0.5% |
| Condos | $297,000 | -0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $264,000 | 0.4% |
2 Bed | $650,000 | 0.6% |
3 Bed | $814,000 | 0.1% |
4 Bed | $1,223,000 | 1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Alexandria, VA
As of July '25, Rentcast reports the average rent in Alexandria, VA is $3,260, with a year-over-year rent change of -1.2%. Per bedroom, the median rent as of July '25 in Alexandria, VA is studios: $1,780, 1-bedrooms: $1,790, 2-bedrooms: $2,980, 3-bedrooms: $3,810, 4-bedrooms: $4,800. The most common rental property sizes in Alexandria, VA are 1-bedroom and 2-bedroom, accounting for 39.4% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,260 |
| Studio Rent | $1,720 | $1,780 |
| 1 Bed Rent | $1,700 | $1,790 |
| 2 Bed Rent | $2,800 | $2,980 |
| 3 Bed Rent | $3,700 | $3,810 |
| 4 Bed Rent | $4,300 | $4,800 |
% of Rental Stock
Property Listings — Alexandria, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Alexandria, VA is 28. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $680,000 | -11.0% |
Listing Count | 28 | 24.0% |
| Listings as % of Homes | 0.2% | 24.0% |
Days on Market | 28 | -6.0% |
Demographics — Alexandria, VA
As of the latest ACS Survey released in 2023, Alexandria, VA has a population of 17,700, which has remained stable by -0.3% over the past 5 years. Alexandria, VA is a moderately popular place for families, as children make up 22.9% of the population. The area has a highly educated workforce, with 59.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,700 | -0.3% |
% Under 18 | 22.9% | -5.4% |
% Seniors | 7.0% | 2.9% |
% WFH | 22.9% | 324.1% |
% w/ College Degree | 59.1% | 8.2% |
As of the latest ACS Survey released in 2023, Alexandria, VA is a predominantly white area, with 42.4% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Alexandria, VA is hispanic, making up 35.6% of the population. Foreign-born residents account for 28.2% of the population in Alexandria, VA, and this percentage has decreased by 4.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 42.4% | -2.8% |
% Black | 13.4% | -3.6% |
% Hispanic | 35.6% | 0.6% |
% Asian | 4.2% | -22.2% |
% Foreign Born | 28.2% | -4.1% |
Mortgage and Risk — Alexandria, VA
According to HUD data as of 2023, there were 189 mortgage originations in Alexandria, VA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Alexandria, VA. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 189 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Alexandria, VA
As of 2024, the percent of homes in Alexandria, VA under the Section 8 program is 2.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Alexandria, VA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 218 |
Total Units Section 8 | 170 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 75.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,700 | $2,010 |
| 2 Bedroom | -$540 | $2,800 | $2,260 |
| 3 Bedroom | -$870 | $3,700 | $2,830 |
| 4 Bedroom | -$970 | $4,300 | $3,330 |
Affordability — Alexandria, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $790,000 |
| Median Household Income | $109,000 |