The story of this market
The typical home in ZIP 22308 sells for about $757,883, or $474 per square foot.
Prices are down 4.1% from a year ago, which gives buyers more room to negotiate. Homes take about 29 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,350 a month.
This ZIP has no home sales of its own, so its market figures come from Alexandria, Virginia (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 22308 — Alexandria
The 22308 housing market remains highly competitive with low inventory and strong price appreciation, driven by high demand for established suburban homes. Buyers are facing a fast-paced environment with homes selling near or above asking price. The market is supported by a stable local economy and the area's reputation for excellent schools and quality of life.
This ZIP is ideal for established families and professionals seeking a suburban lifestyle with proximity to D.C., high-quality schools, and significant outdoor amenities.
Median prices moved down 4.1% year over year.
Homes spend a median of 29 days on market with 1.5 months of supply — a fast-moving market.
21% of listings have cut prices · homes sell at 100.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 2.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 22308, Fairfax County VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The Fort Hunt area generally experiences low crime rates compared to the broader Northern Virginia region, with property crime being the primary concern.
Schools serving the 22308 area are part of the Fairfax County Public Schools system, which is highly regarded for its academic performance and rigorous curriculum.
The area is subject to standard regional flood risks near the Potomac River shoreline and requires typical homeowner insurance coverage for wind and storm damage.
Economic momentum is driven by proximity to major federal employers and the defense industry in the Washington D.C. metro area, with limited new land for large-scale development.
Property taxes are assessed by Fairfax County based on the fair market value of the property, with rates set annually by the Board of Supervisors.
Residents primarily commute to Alexandria, Arlington, and Washington D.C. via the George Washington Memorial Parkway or I-495, with commute times typically ranging from 30 to 45 minutes.
The area features extensive access to the Potomac River, including Fort Hunt Park and the Mount Vernon Trail, providing significant outdoor recreation opportunities.
The rental market is characterized by high demand for single-family homes, with limited inventory and rising rents driven by the area's desirability and proximity to employment hubs.
The economy is heavily influenced by the federal government, defense contractors, and professional services firms located in the surrounding Northern Virginia and D.C. area.
The area is served by major arterial roads including the George Washington Memorial Parkway and Richmond Highway, with limited direct rail access.
Development is largely restricted to infill projects and residential renovations due to the established nature of the Fort Hunt community.
Fairfax County Department of Tax Administration performs annual assessments based on market data.
Parcels are subject to Fairfax County general taxes and specific service district levies for fire and rescue services.
Property insurance premiums are stable but reflect regional risks associated with storm activity and proximity to the Potomac River.
Data retrieved from Census Reporter ZCTA 22308 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A large national park site with historical significance and recreational fields.
A scenic paved trail along the Potomac River used for cycling and walking.
Provides water access and boating facilities on the Potomac River.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 49.3% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $1,025,000 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center.