Arlington, VA County is known for its high cost of living and expensive housing prices. The median value of a house in Arlington is $740,000, which is significantly higher than the national median home value of $338,100. In the past year, the US has appreciated by 8.27%, while Arlington real estate has appreciated over 19%. This reflects the strong demand for housing in Arlington due to its location close to Washington D.C. and other desirable amenities. With this higher appreciation rate comes a higher risk but also greater potential reward for savvy investors seeking to make a return on their investments.
The median home cost in Arlington County is $740,000. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Arlington County is up 8.0%.
Average Age of Homes
- The median age of Arlington County real estate is 46 years old
The Rental Market in Arlington County
- Renters make up 49.2% of the Arlington County population
- 2.5% of houses and apartments in Arlington County, 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.