Metro area index
Home appreciation in the Arlington-Alexandria-Reston, VA-WV metropolitan division
FHFA HPI® data shows the Arlington-Alexandria-Reston, VA-WV metropolitan division's all-transactions index changed +2.6% over the year to Q2 2026, versus +3.8% for Virginia and +3.0% for the U.S. That ranks 246th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +2.6%
- 5-year change
- +33.9%
- Since Q1 1995
- +320%
- Metro rank (1 year)
- 246th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Arlington-Alexandria-Reston, VA-WV vs Virginia and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Arlington-Alexandria-Reston, VA-WV: 420.4
- Virginia: 403.8
- United States: 391.6
Appreciation by time window
| Window | Metro | VA | U.S. | Gap vs VA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +2.6% | +3.8% | +3.0% | −1.1 pts | −0.4 pts |
| 3 years | +13.5% | +15.9% | +12.9% | −2.4 pts | +0.7 pts |
| 5 years | +33.9% | +44.1% | +41.3% | −10.2 pts | −7.4 pts |
| 10 years | +67.3% | +83.4% | +93.3% | −16.1 pts | −26.1 pts |
| Since Q1 1995 | +320% | +304% | +292% | +16.6 pts | +28.8 pts |
3-digit ZIP regions in the Arlington-Alexandria-Reston, VA-WV area
Regions with at least 10% of their 2010 population inside the metro division, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 201 · Leesburg, VA area | VA | +1.6% | +36.1% | +297% | 100% |
| 220 · Fairfax, VA area | VA | +1.5% | +30.6% | +325% | 100% |
| 221 · Vienna, VA area | VA | +3.8% | +33.5% | +325% | 100% |
| 222 · Arlington, VA area | VA | -2.5% | +16.8% | +386% | 100% |
| 223 · Alexandria, VA area | VA | +2.7% | +26.2% | +340% | 100% |
| 227 · Culpeper, VA area | VA | +1.0% | +39.8% | +264% | 83% |
| 224 · Fredericksburg, VA area | VA | +5.7% | +46.5% | +285% | 73% |
| 225 · Tappahannock, VA area | VA | +5.3% | +45.1% | +270% | 61% |
| 254 · Martinsburg, WV area | WV | +6.3% | +48.4% | +237% | 30% |
| 226 · Winchester, VA area | VA | +6.3% | +47.3% | +283% | 29% |
Boom, bust, and recovery in Arlington-Alexandria-Reston, VA-WV area
Arlington-Alexandria-Reston, VA-WV area's index peaked in Q2 2006, fell 25.6% to its low in Q3 2009, and regained its peak in Q2 2020, about 14 years after the top. Today it sits +48.2% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2006 | Q3 2009 | -25.6% | Q2 2020 (14 yrs) | +48.2% |
| VA | Q2 2007 | Q2 2012 | -17.4% | Q2 2019 (12 yrs) | +66.9% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Arlington-Alexandria-Reston, VA-WV area's index has changed +89.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | VA after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -1.2% | -0.1% | -0.8% |
| 3 years | +9.8% | +3.4% | +5.6% | +2.8% |
| 5 years | +24.0% | +8.0% | +16.2% | +13.9% |
| 10 years | +39.1% | +20.3% | +31.9% | +39.0% |
| Since Q1 1995 | +121% | +89.9% | +82.4% | +76.8% |
If you bought in the Arlington-Alexandria-Reston, VA-WV area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +317% | $1,249,921 |
| Q2 2000 | +247% | $1,040,312 |
| Q2 2005 | +64.8% | $494,344 |
| Q2 2010 | +97.1% | $591,404 |
| Q2 2015 | +70.9% | $512,650 |
| Q2 2020 | +47.5% | $442,593 |
| Q2 2021 | +33.9% | $401,685 |
| Q2 2023 | +13.5% | $340,627 |
| Q2 2025 | +2.6% | $307,880 |
Frequently asked questions
- How much have home prices risen in the Arlington-Alexandria-Reston, VA-WV area?
- FHFA HPI® data for the Arlington-Alexandria-Reston, VA-WV metropolitan division shows changes of +2.6% over one year, +33.9% over five years, and +67.3% over ten years to Q2 2026, and +320% since Q1 1995.
- Is the Arlington-Alexandria-Reston, VA-WV area beating the national average?
- Over the past year the metro's index moved −0.4 pts versus the U.S.; over five years the gap is −7.4 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan division. The index covers the whole area, so individual neighborhoods and homes can differ from it.