Alexandria, VA—22314
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 $848,000, with a year-over-year change of 2.1%. This indicates that home prices in Alexandria, VA are increasing. 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 | $848,000 | 2.1% |
| Single Family | $1,065,000 | 1.9% |
| Condos | $543,000 | 1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $414,000 | 1.7% |
2 Bed | $742,000 | 1.8% |
3 Bed | $1,129,000 | 2.4% |
4 Bed | $1,486,000 | 2.7% |
| 5 Bed | $2,220,000 | 3.1% |
% of Housing Stock
Rental Trends — Alexandria, VA
As of July '25, Rentcast reports the average rent in Alexandria, VA is $3,460, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Alexandria, VA is studios: $1,990, 1-bedrooms: $2,530, 2-bedrooms: $3,530, 3-bedrooms: $4,760, 4-bedrooms: $5,890. The most common rental property sizes in Alexandria, VA are 1-bedroom and 2-bedroom, accounting for 42.1% and 34.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,210 | $3,460 |
| Studio Rent | $1,970 | $1,990 |
| 1 Bed Rent | $2,500 | $2,530 |
| 2 Bed Rent | $3,480 | $3,530 |
| 3 Bed Rent | $4,500 | $4,760 |
| 4 Bed Rent | $4,900 | $5,890 |
% 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 31. This is a decrease of -4.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $882,000 | -3.0% |
Listing Count | 178 | 20.0% |
| Listings as % of Homes | 0.6% | 20.0% |
Days on Market | 31 | -4.0% |
Demographics — Alexandria, VA
As of the latest ACS Survey released in 2023, Alexandria, VA has a population of 35,700, which has increased by 5.2% over the past 5 years. Alexandria, VA is a less popular place for families, as children make up 11.8% of the population. The area has a highly educated workforce, with 79.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,700 | 5.2% |
% Under 18 | 11.8% | -6.3% |
% Seniors | 16.8% | 12.0% |
% WFH | 33.0% | 345.9% |
% w/ College Degree | 79.3% | 1.4% |
As of the latest ACS Survey released in 2023, Alexandria, VA is a predominantly white area, with 65.0% of the population identifying as white. The white population has shrunk by 8.2% in the last 5 years. The second most common race or ethnicity in Alexandria, VA is black, making up 15.5% of the population. Foreign-born residents account for 12.6% of the population in Alexandria, VA, and this percentage has increased by 1.6% 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 | 65.0% | -8.2% |
% Black | 15.5% | 10.7% |
% Hispanic | 9.6% | 33.3% |
% Asian | 5.1% | 6.2% |
% Foreign Born | 12.6% | 1.6% |
Mortgage and Risk — Alexandria, VA
According to HUD data as of 2023, there were 680 mortgage originations in Alexandria, VA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Alexandria, VA. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 680 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Alexandria, VA
As of 2024, the percent of homes in Alexandria, VA under the Section 8 program is 6.9%. 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 | 1,323 |
Total Units Section 8 | 748 |
% Rentals under Section 8 | 6.9% |
% Occupied Section 8 | 80.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $390 | $2,500 | $2,890 |
| 2 Bedroom | -$230 | $3,480 | $3,250 |
| 3 Bedroom | -$440 | $4,500 | $4,060 |
| 4 Bedroom | -$110 | $4,900 | $4,790 |
Affordability — Alexandria, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $848,000 |
| Median Household Income | $144,000 |