Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$569,857+0.2% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$123,533About 1.0× the local median income ($129,155): affordable for a typical household
Days on market43 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.6%Zillow expects prices to rise slightly
The typical home in Washington-Arlington-Alexandria, DC-VA-MD-WV is worth $569,857, about the same as a year ago. That is slightly below what local incomes have historically supported: fair value is about $577,208, so the area is 1.3% undervalued. It is a buyer's market: homes take about 43 days to sell, listings are up 19% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 0.6% over the next year. A household needs about $123,533 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $129,155. Typical rent is $2,407 a month, or $3,211 for a house. In the latest IRS figures, 28,891 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$569,857
Change in 1 year
+0.2%
Overvalued %
−1.3%
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Fair home value
$577,208
Change in 5 years
+12.9%
Zillow forecast, next 12 months
+0.6%
Home value to income
4.4×
Monthly mortgage payment (20% down)
$3,088
Income needed to afford it
$123,533
Property tax rate
0.91%
Rent and investing
Typical rent
$2,407
Typical rent for houses
$3,211
Price-to-rent ratio
19.7×
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HUD Fair Market Rent, 2 bedrooms
$2,413
Gross rental yield
5.07%
Cap rate (estimate)
3.29%
Market activity
Listings vs a year ago
+19.1%
Days on market
43
Listings with a price cut
22.4%
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Homes for sale
17,044
Pending sales per 100 listings
34
Asking price per sq ft
$299
People and jobs
Median household income
$129,155
Population change (1 year)
+0.8%
Unemployment rate
4.8%
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Population
6,465,724
Income adjusted for cost of living
$118,600
Net moves in (IRS)
−28,891
Cost of living (US = 100)
108.9
Schools, risk and environment
School rating (1 to 10)
6.1
FEMA hazard risk score (0 to 100)
82.6
Unhealthy air days a year
1
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Flood risk score
86.9
Wildfire risk score
27.9
Walkability (1 to 20)
11.0
Road, rail and air noise
54 dB
Questions people ask
Is Washington-Arlington-Alexandria, DC-VA-MD-WV overvalued?
Home prices in Washington-Arlington-Alexandria, DC-VA-MD-WV are slightly below what local incomes have historically supported: fair value is about $577,208, so the area is 1.3% undervalued.
Is Washington-Arlington-Alexandria, DC-VA-MD-WV a buyer's or seller's market?
Washington-Arlington-Alexandria, DC-VA-MD-WV is a buyer's market: homes take about 43 days to sell, listings are up 19% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Washington-Arlington-Alexandria, DC-VA-MD-WV?
Home values in Washington-Arlington-Alexandria, DC-VA-MD-WV are up 0.2% over the last year. Zillow's forecast for the next 12 months is +0.6%.
How much do you need to earn to buy a home in Washington-Arlington-Alexandria, DC-VA-MD-WV?
A household needs about $123,533 a year to afford the typical home in Washington-Arlington-Alexandria, DC-VA-MD-WV at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $129,155.