Arlington, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Arlington Neighborhoods Since 2000




Arlington, VA Real Estate Data

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 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Arlington Housing Market Information

With 229,334 people, 100,707 houses or apartments, and a median cost of homes of $657,743, 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 58.79% of the town's housing units. Other types of housing that are prevalent in Arlington include single-family detached homes ( 26.45%), row houses and other attached homes ( 9.86%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.69%). 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 40.28% of the town's housing hails from this era. Other housing ages represented in Arlington include homes built between 1970-1999 ( 30.98%) and housing constructed between 2000 and later ( 19.28%). There's also some housing in Arlington built before 1939 ( 9.46%).

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 22.93% over the last ten years, which is an average annual home appreciation rate of 2.09%, putting Arlington in the top 20% 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 1.96%, 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 0.08%, which equates to an annual appreciation rate of 0.31%.

Relative to Virginia, our data show that Arlington's latest annual appreciation rate is lower than 60% 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 2000, to assist you in making the best Arlington real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$657,743

Arlington, VA HOME PRICES

Value Range
> $1,106,000 11.0
$830,001 - $1,106,000 18.8
$553,001 - $830,000 29.6
$443,001 - $553,000 13.1
$332,001 - $443,000 12.4
$221,001 - $332,000 8.7
$111,001 - $221,000 4.5
$55,001 - $111,000 0.7
$0 - $55,000 1.1

Very High for VA
Very High for Nation

Value Relative to Nation Value Relative to State
3.48884856289879 2.77008310249307

Number Of Homes And Apartments:
100,707

Arlington Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VA*
Compared To
America*
Latest Quarter:
2017 Q3 - 2017 Q4
Last 12 Months:
2016 Q4 - 2017 Q4
Last 2 Years:
2015 Q4 - 2017 Q4
Last 5 Years:
2012 Q4 - 2017 Q4
Last 10 Years:
2007 Q4 - 2017 Q4
Since 2000:
2000 Q1 - 2017 Q4
146.37%
5.14%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,413 / per month

Homeownership Rate

Homeownership
Owners 43.62
Renters 56.38
Vacant 9.08

Housing Market Details

 

Age of Homes

AGE OF Arlington HOMES
2000 or Newer 19.3
1970 - 1999 31.0
1940 - 1969 40.3
1939 or Older 9.5

Types of Homes

TYPE OF Arlington HOMES
Single-Family 26.5
Townhomes 9.9
Small Apt. Buildings 4.7
Apt. Complexes 58.8
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Arlington HOMES
No Bedroom 5.14
1 Bedroom 32.57
2 Bedrooms 30.11
3 Bedrooms 17.66
4 Bedrooms 9.89
5 or more bedrooms 4.63