Alexandria city, Virginia Housing Market

In Alexandria city, Virginia, the median home value is $735,100, with a median monthly rent of $2,089. This places Alexandria city at #43 nationally out of 3134 counties by median home value, and #4 within Virginia.

Median Home Value $735,100
Median Rent $2,089/mo
Owner Occupancy 42.1%
Price/Rent Ratio 29.3

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Alexandria city rose +1.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

62,930
jobs (private sector)
  • Avg weekly wage: $1,696
  • Establishments: 6,127
  • BLS QCEW, 2025
🏗️

Housing Supply

17
new units authorized (2025)
  • Single-family: 17
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+5613
net migration (filers, 2021-2022)
  • Inflow: 77,670 (avg $148,766)
  • Outflow: 72,057 (avg $153,430)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Alexandria city · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 22301 376.7 +3.57% 2025
2 22305 435.5 +0.26% 2025
3 22314 326.1 +0.06% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Alexandria city Compares

MetricAlexandria cityVirginia AverageU.S. Average
Median Home Value $735,100 $295,807 $227,706
Median Gross Rent $2,089 $1,169 $968
Owner Occupancy Rate 42.1% 70.8% 73.3%
Price/Rent Ratio 29.3 20.3 18.7

Market Analysis

The median home value in Alexandria city is 148.5% above the Virginia state average and 222.8% above the U.S. national average. The median rent of $2,089/month is 78.7% above the state average.

With a price-to-rent ratio of 29.3, Alexandria city is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Alexandria city has an owner-occupancy rate of 42.1%, compared to 70.8% in Virginia and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Blaine County Idaho $735,300 $1,338
District of Columbia District of Columbia $737,100 $1,954
Fairfax County Virginia $732,800 $2,276
Ouray County Colorado $739,800 $1,786
Middlesex County Massachusetts $727,800 $2,201

Other Counties in Virginia

CountyMedian Home ValueMedian RentOwner Occ.
Fairfax County $732,800 $2,276 68.6%
Loudoun County $743,800 $2,386 77.9%
Fairfax city $722,600 $2,245 69.9%
Arlington County $895,000 $2,322 41.3%
Fauquier County $573,700 $1,613 78.8%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).