Arlington, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Arlington Neighborhoods Since 2000




Arlington, WA Real Estate Data


Arlington Housing Market Information

With 18,949 people, 6,687 houses or apartments, and a median cost of homes of $294,834, 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 68.38% of the city's housing units. Other types of housing that are prevalent in Arlington include large apartment complexes or high rise apartments ( 12.72%), duplexes, homes converted to apartments or other small apartment buildings ( 7.95%), and a few row houses and other attached homes ( 6.42%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Arlington. Owner-occupied housing accounts for 65.27% of Arlington's homes, and 69.29% have either three or four bedrooms, which is average sized relative to America.

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 ( 30.58%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.28%). There's also some housing in Arlington built before 1939 ( 7.16%).

Arlington Home Appreciation Rates

Real estate appreciation rates in Arlington's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.28% during the period.

Appreciation rates are so strong in Arlington that despite a nationwide downturn in the housing market, Arlington real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Arlington appreciation rates continue to be some of the highest in America, at 10.23%, which is higher than appreciation rates in 98.06% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Arlington. Arlington appreciation rates in the latest quarter were at 4.49%, which equates to an annual appreciation rate of 19.19%.

Importantly, this makes Arlington one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Washington, our data show that Arlington's latest annual appreciation rate is higher than 70% of the other cities and towns in Washington.

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:
$294,834

Arlington, WA HOME PRICES

Value Range
> $1,318,000 0.5
$989,001 - $1,318,000 0.0
$659,001 - $989,000 1.2
$528,001 - $659,000 1.7
$395,001 - $528,000 13.0
$264,001 - $395,000 46.0
$132,001 - $264,000 28.9
$66,001 - $132,000 0.5
$0 - $66,000 8.2

Average for WA
Very High for Nation

Value Relative to Nation Value Relative to State
17.3508227440417 41.4893617021277

Number Of Homes And Apartments:
6,687

Rent & Ownership

 

Average Market Rent:
$1,875 / per month

Homeownership Rate

Homeownership
Owners 65.27
Renters 34.73
Vacant 7.92

Housing Market Details

 

Age of Homes

AGE OF Arlington HOMES
2000 or Newer 30.6
1970 - 1999 51.0
1940 - 1969 11.3
1939 or Older 7.2

Types of Homes

TYPE OF Arlington HOMES
Single-Family 68.4
Townhomes 6.4
Small Apt. Buildings 7.9
Apt. Complexes 12.7
Mobile Homes 4.5
Other 0.0

Home Size

SIZE OF Arlington HOMES
No Bedroom 1.54
1 Bedroom 6.71
2 Bedrooms 18.71
3 Bedrooms 48.65
4 Bedrooms 20.64
5 or more bedrooms 3.75

Arlington Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
52.10% 2.50% 3 6
* 10 is highest