Alexandria, VA 22306 Real Estate Market Report

ZIP Code: 22306
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The neighborhood's primary market signal is the median sold price of 682,835, which indicates recent transaction-driven value and should be the baseline for pricing decisions rather than asking prices; given the gap versus the median listing price of 797,000, sellers appearing above recent transaction levels may need to temper expectations to align with closed deals.

2. Liquidity appears constrained as recent sales are the most reliable indicator of market movement and the long median days on market of 300 suggests slower sales velocity; pricing properties closer to the median sold price may accelerate transactions and reduce exposure to extended marketing periods.

3. Market direction shows a positive price trend — up — while the overall market temperature is neutral (neutral), implying moderate upside but a balanced negotiation environment where well-priced listings near the median sold price capture buyer attention.

4. Rental context is stable with a median market rent of 2,995 and a flat rent year-over-year trend, so investors should treat rental income as steady short-term cash flow while relying on recent sold-price performance for valuation; moderate interest rate pressure (moderate) may keep some buyers cautious, reinforcing the importance of pricing near realized transaction levels.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Alexandria, VA 22306 Real Estate Market Report

ZIP Code: 22306
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The neighborhood's primary market value indicator is the median sold price of 371,000, which should serve as the baseline for valuations and offer strategy; use recent sold comps rather than asking prices when advising buyers or sellers.

2. The median days on market is 324, indicating slower sales velocity in recent transactions, which suggests sellers may need clearer pricing or concessions to accelerate deals and buyers may find more negotiation leverage.

3. Relative valuation shows a median price per square foot of 301 while the median market rent is 2,400; with rent year-over-year trend flat and price year-over-year trend up, monitor rent dynamics before underwriting long-term cashflow assumptions and factor in moderate interest rate pressure on financing costs.

4. The analyzed sample points to relatively constrained active supply alongside moderate transaction volume and a neutral overall market temperature; this appears to create pricing friction where well-priced SFR and condo listings can still achieve favorable outcomes, so prioritize precise comps and staged marketing to capture buyer interest.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.