Is Alexandria, VA 22312 a buyer’s or seller’s market?

The Alexandria housing market right now

In the three months ending August 31, 2026, 31% of homes in Alexandria, VA 22312 sold above their list price, the typical home went under contract in 37 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 70 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold more slowly (32 days then) and the median sale price rose 9% to $702,196. Overall, Alexandria is about as competitive as it was a year ago.

Within Fairfax County, homes here sell more slowly than in 63% of the county’s ZIP codes, and sell less often over asking than in 76%. On our competition score, Alexandria ranks #159 of 358 VA ZIP codes with enough sales (score 63 out of 100).

Nearby, buyers who want less competition could look at Falls Church 22041 (16% sold over asking) or Mc Lean 22102 (18% sold over asking), while Dunn Loring 22027 (75% sold over asking) and Springfield 22153 (54% sold over asking) are even more competitive.