Alexandria, VA—22315
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 $664,000, with a year-over-year change of 1.0%. This indicates that home prices in Alexandria, VA are flat. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $664,000 | 1.0% |
| Single Family | $691,000 | 0.6% |
| Condos | $436,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $314,000 | -0.3% |
2 Bed | $460,000 | 0.9% |
3 Bed | $663,000 | 0.8% |
4 Bed | $789,000 | -0.3% |
| 5 Bed | $976,000 | -0.3% |
% of Housing Stock
Rental Trends — Alexandria, VA
As of July '25, Rentcast reports the average rent in Alexandria, VA is $3,190, with a year-over-year rent change of 5.3%. Per bedroom, the median rent as of July '25 in Alexandria, VA is 1-bedrooms: $1,640, 2-bedrooms: $2,720, 3-bedrooms: $3,390, 4-bedrooms: $3,540. The most common rental property sizes in Alexandria, VA are 2-bedroom and 3-bedroom, accounting for 44.2% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,250 | $3,190 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,620 | $1,640 |
| 2 Bed Rent | $2,700 | $2,720 |
| 3 Bed Rent | $3,400 | $3,390 |
| 4 Bed Rent | $3,480 | $3,540 |
% 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 27. This is a increase of 55.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $700,000 | 3.0% |
Listing Count | 81 | 76.0% |
| Listings as % of Homes | 0.3% | 76.0% |
Days on Market | 27 | 55.0% |
Demographics — Alexandria, VA
As of the latest ACS Survey released in 2023, Alexandria, VA has a population of 28,700, which has decreased by -1.3% over the past 5 years. Alexandria, VA is a moderately popular place for families, as children make up 24.1% of the population. The area has a highly educated workforce, with 67.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,700 | -1.3% |
% Under 18 | 24.1% | 8.6% |
% Seniors | 14.5% | 40.8% |
% WFH | 33.3% | 484.2% |
% w/ College Degree | 67.1% | 8.8% |
As of the latest ACS Survey released in 2023, Alexandria, VA is a predominantly white area, with 50.7% of the population identifying as white. The white population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Alexandria, VA is black, making up 19.3% of the population. Foreign-born residents account for 21.5% of the population in Alexandria, VA, and this percentage has decreased by 1.4% 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 | 50.7% | -10.7% |
% Black | 19.3% | 10.3% |
% Hispanic | 10.2% | -1.9% |
% Asian | 13.7% | 29.2% |
% Foreign Born | 21.5% | -1.4% |
Mortgage and Risk — Alexandria, VA
According to HUD data as of 2023, there were 554 mortgage originations in Alexandria, VA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% 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. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 554 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% 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 2.9%. 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. In Alexandria, VA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 71 |
Total Units Section 8 | 71 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $890 | $1,620 | $2,510 |
| 2 Bedroom | $120 | $2,700 | $2,820 |
| 3 Bedroom | $130 | $3,400 | $3,530 |
| 4 Bedroom | $680 | $3,480 | $4,160 |
Affordability — Alexandria, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $664,000 |
| Median Household Income | $156,000 |