Is Alexandria, VA 22305 a buyer’s or seller’s market?
Alexandria is a seller’s market. With about 2.1 months of supply and 32% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 73% of U.S. ZIP codes, and #120 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Alexandria housing market right now
In the three months ending August 31, 2026, 32% of homes in Alexandria, VA 22305 sold above their list price, the typical home went under contract in 41 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 39 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (31% then), homes sold more slowly (36 days then) and the median sale price rose 8% to $846,634. Overall, Alexandria is about as competitive as it was a year ago.
Within Alexandria city, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Alexandria ranks #120 of 358 VA ZIP codes with enough sales (score 69 out of 100).
Nearby, buyers who want less competition could look at Alexandria 22304 (26% sold over asking) or Alexandria 22314 (27% sold over asking).
Run the numbers for 22305
Nearby markets
Alexandria 22301Seller’s market $616 /sq ftAlexandria 22302Seller’s market $441 /sq ftAlexandria 22304Seller’s market $320 /sq ftAlexandria 22311Seller’s market $379 /sq ft Browse all markets →Towns like Alexandria nearby
Find towns like Alexandria in other states →Where Alexandria is
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Questions about Alexandria real estate
Is Alexandria a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Alexandria, VA 22305 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Alexandria?
The typical home went under contract in 41 days in the latest three months.
Do homes in Alexandria sell over asking?
32% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.
What are property taxes in Alexandria?
About 0.96% of a home’s value a year in Alexandria city, or roughly $3,840 on a $400,000 home.
What is the median home price in Alexandria?
The median sale price was $846,634 in the three months ending August 31, 2026, about $521 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology