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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Arlington, TX 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 Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

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

Arlington, TX Housing Market Trends

With a population of 394,602, 136,263 total housing units (homes and apartments), and a median house value of $311,677, Arlington real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Arlington, accounting for 61.04% of the city's housing units. Other types of housing that are prevalent in Arlington include large apartment complexes or high rise apartments ( 25.19%), duplexes, homes converted to apartments or other small apartment buildings ( 6.93%), and a few row houses and other attached homes ( 5.27%).

The most prevalent building size and type in Arlington are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.43% owning and 45.57% renting.

There is a lot of housing in Arlington built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Arlington built between 2000 and later ( 16.91%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.83%).

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 146.06% over the last ten years, which is an average annual home appreciation rate of 9.42%, 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 -0.72%, 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 3.01%, which equates to an annual appreciation rate of 12.60%.

Relative to Texas, our data show that Arlington's latest annual appreciation rate is lower than 80% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. 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

Median Home Value

$311,677

Arlington, TX Home Prices
> $1,496,000
$1,122,001 - $1,496,000
$748,001 - $1,122,000
$599,001 - $748,000
$449,001 - $599,000
$299,001 - $449,000
$150,001 - $299,000
$75,001 - $150,000
$0 - $75,000
0.4%
0.4%
0.3%
0.3%
1.8%
1.8%
2.8%
2.8%
11.7%
11.7%
33.5%
33.5%
40.7%
40.7%
6.3%
6.3%
2.6%
2.6%
0% 100.0%
% of Homes
High

for Texas

High

for nation

Number of Homes And Apartments:

136,263

Arlington Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,485 / per month

Homeownership Rate

Owners
Renters
Vacant
54.4%
54.4%
45.6%
45.6%
7.2%
7.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
16.9%
16.9%
65.4%
65.4%
16.8%
16.8%
0.9%
0.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
61.0%
61.0%
5.3%
5.3%
6.9%
6.9%
25.2%
25.2%
1.5%
1.5%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.4%
2.4%
15.8%
15.8%
19.6%
19.6%
40.9%
40.9%
18.3%
18.3%
3.0%
3.0%
0% 100.0%
% of Homes