Alexandria, VA—22306
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 $625,000, with a year-over-year change of 0.3%. This indicates that home prices in Alexandria, VA are flat. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $625,000 | 0.3% |
| Single Family | $668,000 | 0.0% |
| Condos | $267,000 | 3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $416,000 | 0.5% |
3 Bed | $593,000 | 0.3% |
4 Bed | $755,000 | 0.0% |
| 5 Bed | $858,000 | -1.4% |
% of Housing Stock
Rental Trends — Alexandria, VA
As of July '25, Rentcast reports the average rent in Alexandria, VA is $3,180, with a year-over-year rent change of 38.3%. Per bedroom, the median rent as of July '25 in Alexandria, VA is studios: $1,820, 1-bedrooms: $1,670, 2-bedrooms: $2,590, 3-bedrooms: $3,450, 4-bedrooms: $3,850. The most common rental property sizes in Alexandria, VA are 2-bedroom and 1-bedroom, accounting for 40.7% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,180 |
| Studio Rent | $1,820 | $1,820 |
| 1 Bed Rent | $1,680 | $1,670 |
| 2 Bed Rent | $2,500 | $2,590 |
| 3 Bed Rent | $3,250 | $3,450 |
| 4 Bed Rent | $3,700 | $3,850 |
% 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 40. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $695,000 | -2.0% |
Listing Count | 74 | 19.0% |
| Listings as % of Homes | 0.3% | 19.0% |
Days on Market | 40 | 4.0% |
Demographics — Alexandria, VA
As of the latest ACS Survey released in 2023, Alexandria, VA has a population of 31,500, which has decreased by -10.8% over the past 5 years. Alexandria, VA is a popular place for families, as children make up 26.6% of the population. The area has a moderately educated workforce, with 40.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,500 | -10.8% |
% Under 18 | 26.6% | -1.5% |
% Seniors | 12.3% | 18.3% |
% WFH | 16.9% | 369.4% |
% w/ College Degree | 40.3% | 7.5% |
As of the latest ACS Survey released in 2023, Alexandria, VA is a predominantly hispanic area, with 35.3% of the population identifying as hispanic. The hispanic population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Alexandria, VA is white, making up 29.4% of the population. Foreign-born residents account for 33.5% of the population in Alexandria, VA, and this percentage has decreased by 8.2% 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 | 29.4% | -7.5% |
% Black | 21.6% | 5.4% |
% Hispanic | 35.3% | -2.5% |
% Asian | 10.2% | 25.9% |
% Foreign Born | 33.5% | -8.2% |
Mortgage and Risk — Alexandria, VA
According to HUD data as of 2023, there were 406 mortgage originations in Alexandria, VA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Alexandria, VA. Investor activity is low, as 1.0% 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 | 406 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% 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 19.9%. This is considered high, suggesting that the neighborhood is heavily 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 | 1,102 |
Total Units Section 8 | 1,102 |
% Rentals under Section 8 | 19.9% |
% Occupied Section 8 | 95.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,680 | $1,870 |
| 2 Bedroom | -$390 | $2,500 | $2,110 |
| 3 Bedroom | -$610 | $3,250 | $2,640 |
| 4 Bedroom | -$590 | $3,700 | $3,110 |
Affordability — Alexandria, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $625,000 |
| Median Household Income | $95,000 |