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 Q2 2021. 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, TX Housing Market Trends

With a population of 398,854, 135,333 total housing units (homes and apartments), and a median house value of $218,911, Arlington real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Arlington, accounting for 60.58% of the city's housing units. Other types of housing that are prevalent in Arlington include large apartment complexes or high rise apartments ( 27.59%), duplexes, homes converted to apartments or other small apartment buildings ( 7.19%), and a few row houses and other attached homes ( 3.16%).

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 54.62% owning and 45.38% 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 1940-1969 ( 15.48%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.34%).

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 96.11% over the last ten years, which is an average annual home appreciation rate of 6.97%, 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.

NeighborhoodScout's data show that during the latest twelve months, Arlington's appreciation rate, at 9.14%, has been at or slightly above the national average. In the latest quarter, Arlington's appreciation rate has been 2.79%, which annualizes to a rate of 11.65%.

Relative to Texas, our data show that Arlington's latest annual appreciation rate is lower than 50% 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:
$218,911

Arlington, TX HOME PRICES

> $1,295,000
0.2%
0.2%
$972,001 - $1,295,000
0.3%
0.3%
$648,001 - $972,000
1.3%
1.3%
$518,001 - $648,000
1.9%
1.9%
$388,001 - $518,000
5.9%
5.9%
$259,001 - $388,000
23.6%
23.6%
$130,001 - $259,000
49.9%
49.9%
$65,001 - $130,000
13.6%
13.6%
$0 - $65,000
3.3%
3.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

High for TX

Value Relative To Nation

Number Of Homes And Apartments:
135,333

Arlington Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
117.26% 3.67%
5
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,730 / per month

Homeownership Rate

Owners
54.6%
54.6%
Renters
45.4%
45.4%
Vacant
7.6%
7.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
15.3%
15.3%
1970 - 1999
68.5%
68.5%
1940 - 1969
15.5%
15.5%
1939 or Older
0.7%
0.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
60.6%
60.6%
Townhomes
3.2%
3.2%
Small Apt. Buildings
7.2%
7.2%
Apt. Complexes
27.6%
27.6%
Mobile Homes
1.4%
1.4%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.6%
2.6%
1 Bedroom
15.6%
15.6%
2 Bedrooms
19.7%
19.7%
3 Bedrooms
40.4%
40.4%
4 Bedrooms
19.0%
19.0%
5 or more bedrooms
2.6%
2.6%
0.0% 100.0%
% OF HOMES