The housing market in 22202 Arlington, VA is significantly more expensive than the US median value, with a median value of $768,800. Although this is an impressive figure, it still falls below the 1-year appreciation rate seen throughout the US at 8.27%. The 1-year appreciation rate in 22202 Arlington, VA is 7.87%, which indicates that the market may be slightly weaker than average. However, due to its proximity to Washington D.C., prices in 22202 are likely to remain high despite any dips in appreciation.
The median home cost in Arlington (zip 22202) is $768,800. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Arlington (zip 22202) is up 8.0%.
Average Age of Homes
- The median age of Arlington (zip 22202) real estate is 36 years old
The Rental Market in Arlington (zip 22202)
- Renters make up 58.3% of the Arlington (zip 22202) population
- 3.9% of houses and apartments in Arlington (zip 22202), 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.