Alexandria, VA 22309 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

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.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary indicator of recent market value is the median sold price of $607,000, which serves as the most representative recent sale figure and highlights a meaningful gap versus the median listing price of $749,450, suggesting seller expectations remain materially above completed transaction levels (pricing friction).
2. The median days on market of 38 suggests moderate sales velocity; when read alongside the snapshot note of relatively constrained active supply, liquidity appears balanced to cautious rather than overheated, and price discovery may be taking longer than in a fast-moving market (neutral market temperature).
3. The price year-over-year trend is down, a softening signal that, together with elevated interest rate pressure, may continue to weigh on transaction prices and encourage more negotiation room for buyers (down).
4. Interest rate dynamics are a clear headwind: interest rate pressure is described as elevated, and current 30-year fixed mortgage rates at 7.25% compared with the 5.99% average seen in early 2026 indicate many current owners hold more favorable financing than buyers can access today, which may prolong the wait-and-see approach among potential sellers and buyers (elevated interest rate pressure).

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.