Arlington appreciation rates and housing market information

Arlington housing market information

With 189,453 people, 90,426 houses or apartments, and a median cost of homes of $557,814, Arlington house prices are not only among the most expensive in Virginia, Arlington real estate also is some of the most expensive in all of America.

large apartment complexes or high rise apartments are the single most common housing type in Arlington, accounting for 53.04% of the town's housing units. Other types of housing that are prevalent in Arlington include single-family detached homes (30.60%), row houses and other attached homes (10.19%), and a few duplexes, homes converted to apartments, or other small apartment buildings (6.07%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.

People in Arlington primarily live in small (one, two, or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Arlington has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Arlington's housing was primarily built during this period, from the '40s through the '60s. A full 56.09% of the town's housing hails from this era. Other housing ages represented in Arlington include homes built between 1970-1994 (27.56%), and housing constructed from 1939 and earlier (11.01%). There's also some housing in Arlington built between 1995 and later (5.34%).

Arlington home appreciation rates

In the last 10 years, Arlington has experienced some of the highest home appreciation rates of any community in the nation. Arlington real estate appreciated 118.14% over the last ten years, which is an average annual home appreciation rate of 11.81%, putting Arlington in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Arlington definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Arlington appreciation rates have trailed the rest of the nation. In the last twelve months, Arlington's appreciation rate has been -9.91%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arlington were at -0.45%, which equates to an annual appreciation rate of -1.80%.

Notably, Arlington's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Virginia, our data show that Arlington's latest annual appreciation rate is higher than 13% of the other cities and towns in Virginia.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Arlington differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Arlington - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Arlington real estate investment or home purchase decisions.