Alexandria, VA—22307
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 $731,000, with a year-over-year change of 0.9%. 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 | $731,000 | 0.9% |
| Single Family | $971,000 | 0.6% |
| Condos | $297,000 | -1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $228,000 | -3.0% |
2 Bed | $320,000 | -0.6% |
3 Bed | $791,000 | 0.9% |
4 Bed | $1,060,000 | 0.4% |
| 5 Bed | $1,282,000 | 0.6% |
% of Housing Stock
Rental Trends — Alexandria, VA
As of July '25, Rentcast reports the average rent in Alexandria, VA is $2,540, with a year-over-year rent change of -6.6%. Per bedroom, the median rent as of July '25 in Alexandria, VA is studios: $1,450, 1-bedrooms: $1,780, 2-bedrooms: $2,120, 3-bedrooms: $3,420, 4-bedrooms: $4,000. The most common rental property sizes in Alexandria, VA are 1-bedroom and 2-bedroom, accounting for 33.2% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,020 | $2,540 |
| Studio Rent | $1,450 | $1,450 |
| 1 Bed Rent | $1,800 | $1,780 |
| 2 Bed Rent | $2,020 | $2,120 |
| 3 Bed Rent | $3,500 | $3,420 |
| 4 Bed Rent | $4,000 | $4,000 |
% 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 30. This is a increase of 9.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $496,000 | 32.0% |
Listing Count | 55 | 67.0% |
| Listings as % of Homes | 0.5% | 67.0% |
Days on Market | 30 | 9.0% |
Demographics — Alexandria, VA
As of the latest ACS Survey released in 2023, Alexandria, VA has a population of 10,200, which has increased by 2.4% over the past 5 years. Alexandria, VA is a moderately popular place for families, as children make up 21.1% of the population. The area has a highly educated workforce, with 70.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,200 | 2.4% |
% Under 18 | 21.1% | 6.6% |
% Seniors | 23.9% | 32.8% |
% WFH | 22.1% | 274.6% |
% w/ College Degree | 70.0% | 1.0% |
As of the latest ACS Survey released in 2023, Alexandria, VA is a predominantly white area, with 69.7% of the population identifying as white. The white population has shrunk by 13.1% in the last 5 years. The second most common race or ethnicity in Alexandria, VA is hispanic, making up 12.5% of the population. Foreign-born residents account for 16.2% of the population in Alexandria, VA, and this percentage has increased by 62.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.7% | -13.1% |
% Black | 8.7% | 180.6% |
% Hispanic | 12.5% | 25.0% |
% Asian | 6.7% | 52.3% |
% Foreign Born | 16.2% | 62.0% |
Mortgage and Risk — Alexandria, VA
According to HUD data as of 2023, there were 223 mortgage originations in Alexandria, VA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Alexandria, VA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 223 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Alexandria, VA
As of 2024, the percent of homes in Alexandria, VA under the Section 8 program is 5.8%. 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 and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Alexandria, VA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 61 |
Total Units Section 8 | 61 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | 95.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $1,800 | $2,060 |
| 2 Bedroom | $300 | $2,020 | $2,320 |
| 3 Bedroom | -$600 | $3,500 | $2,900 |
| 4 Bedroom | -$580 | $4,000 | $3,420 |
Affordability — Alexandria, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $731,000 |
| Median Household Income | $141,000 |