Arlington, MA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Arlington, MA Housing Market Trends

With 45,531 people, 19,065 houses or apartments, and a median cost of homes of $745,566, Arlington house prices are not only among the most expensive in Massachusetts, Arlington real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Arlington, accounting for 38.43% of the town's housing units. Other types of housing that are prevalent in Arlington include duplexes, homes converted to apartments or other small apartment buildings ( 32.18%), large apartment complexes or high rise apartments ( 23.69%), and a few row houses and other attached homes ( 5.57%).

People in Arlington primarily live in small (one, two or no bedroom) single-family detached homes. Arlington has a mixture of owner-occupied and renter-occupied housing.

The housing in Arlington was primarily built before 1939 ( 45.22%), making the housing stock in Arlington some of the oldest overall in America, although there is a range of ages of homes in Arlington. The next most important housing age is between 1940-1969 ( 33.14%), followed by between 1970-1999 ( 16.54%). There's also some housing in Arlington built between 2000 and later ( 5.10%).

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 70.67% over the last ten years, which is an average annual home appreciation rate of 5.49%, 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 5.12%, 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 2.10%, which equates to an annual appreciation rate of 8.69%.

Relative to Massachusetts, our data show that Arlington's latest annual appreciation rate is lower than 60% of the other cities and towns in Massachusetts.

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 2000, to assist you in making the best Arlington real estate investment or home purchase decisions.

Average Home Values

 
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Median Home Value:
$745,566

Arlington, MA HOME PRICES

> $1,209,000
8.6%
8.6%
$907,001 - $1,209,000
23.9%
23.9%
$605,001 - $907,000
38.7%
38.7%
$483,001 - $605,000
14.4%
14.4%
$362,001 - $483,000
7.7%
7.7%
$242,001 - $362,000
4.1%
4.1%
$121,001 - $242,000
1.0%
1.0%
$61,001 - $121,000
0.4%
0.4%
$0 - $61,000
1.1%
1.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for MA

Value Relative To Nation

Number Of Homes And Apartments:
19,065

Arlington Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
133.87% 4.13%
10
10
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$3,034 / per month

Homeownership Rate

Owners
57.6%
57.6%
Renters
42.4%
42.4%
Vacant
5.7%
5.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
5.1%
5.1%
1970 - 1999
16.5%
16.5%
1940 - 1969
33.1%
33.1%
1939 or Older
45.2%
45.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
38.4%
38.4%
Townhomes
5.6%
5.6%
Small Apt. Buildings
32.2%
32.2%
Apt. Complexes
23.7%
23.7%
Mobile Homes
0.1%
0.1%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.2%
2.2%
1 Bedroom
18.3%
18.3%
2 Bedrooms
32.7%
32.7%
3 Bedrooms
28.8%
28.8%
4 Bedrooms
14.1%
14.1%
5 or more bedrooms
4.0%
4.0%
0.0% 100.0%
% OF HOMES