Arlington, VA is a desirable place to live, and it shows in the housing market. The median value of a house in Arlington is $750,500, which is more than double the US median value of $338,100. Additionally, over the past year the appreciation rate for houses in Arlington has been 7.87%, just slightly lower than the 8.27% national average for house appreciation. This shows that despite stiff competition from other markets across the country, Arlington continues to be an attractive place to buy or rent property.
The median home cost in Arlington is $750,500. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Arlington is up 8.0%.
Average Age of Homes
- The median age of Arlington real estate is 46 years old
The Rental Market in Arlington
- Renters make up 49.2% of the Arlington population
- 2.5% of houses and apartments in Arlington, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.