ZIP Code 22301 Housing Market

ZIP code 22301 is located in Alexandria city, Virginia. Based on the FHFA House Price Index, the most recent annual HPI value is 376.7 (2000 = 100) , with a year-over-year change of +3.57% as of 2025.

FHFA HPI 376.7
YoY Change +3.57%
Data Years 49
Latest Year 2025

📈 22301 HPI Trend

FHFA House Price Index for Five-Digit ZIP Codes (2000 = 100)

📝 Local Market Notes

ZIP 22301 exhibits a robust price trajectory, with the FHFA Home Price Index rising from 310.95 in 2021 to 376.71 in 2025. This four-year expansion represents a cumulative increase of approximately 21.1%, indicating sustained demand within this specific segment of Alexandria. The most recent year-over-year growth of 3.57% demonstrates that the market maintains momentum, outpacing the broader regional trends. This performance reveals a notable divergence from surrounding metrics. While the county recorded a modest 1.00% year-over-year increase and the state averaged 3.03%, ZIP 22301’s 3.57% growth signals distinct local strength. This outperformance suggests that the sub-market is insulated from broader county-level stagnation, likely driven by specific neighborhood amenities or demographic preferences. In contrast, nearby ZIP 22305 shows a significantly higher HPI of 435.5 but minimal growth of 0.26%, whereas ZIP 22314 remains below the 300 HPI threshold with negligible 0.06% growth. This positioning places 22301 in a mid-to-upper tier relative to immediate neighbors, offering value compared to the premium pricing of 22305 while exhibiting stronger appreciation than 22314. The sub-market character aligns with a high-income, owner-occupied environment, supported by the parent county’s median household income of $119,681. However, the county’s 42.1% owner occupancy rate indicates a substantial rental population, with median gross rent at $2,089 per month. For prospective buyers, ZIP 22301 presents a competitive entry point into the Alexandria market, particularly given the current 7.40% 30-year mortgage rate. The data suggests that while entry costs are high relative to national averages, the consistent price appreciation provides a stable asset base. Residents should anticipate a market where inventory turnover is driven by high-income earners, requiring precise timing to secure properties at the prevailing median home value of $735,100.

Based on FHFA House Price Index data.

About This ZIP Code

ZIP code 22301 is one of the most active real estate sub-markets in Alexandria city, Virginia. The FHFA House Price Index tracks cumulative price appreciation since 2000, providing a consistent measure of long-term value change in this specific ZIP area.

For full county-level context, see the Alexandria city Housing Market page, which includes ACS median home values, rent, owner-occupancy, employment, migration, and other economic indicators.

Other Active ZIPs in Alexandria city

ZIP Code HPI YoY Latest Year
22305 435.5 +0.26% 2025
22314 326.1 +0.06% 2025

Data Source: FHFA House Price Index for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100). Data as of 2025. This product uses FHFA Data but is neither endorsed nor certified by FHFA.