Is Arlington, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Arlington was a Neutral Market.
Key Takeaway
Arlington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Arlington, MN
How much do homes in Arlington, MN cost?
Median Sold Price
$259,900
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Arlington have sold for 26.8% more than they did a year ago.
Summary: The median home sold price in Arlington was $259,900 in April 2024, up 26.8% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $173.4K | $150K | -13.5% |
| 3 Bedrooms | $216.8K | $264.9K | +22.2% |
| 4 Bedrooms | $207.4K | $296K | +42.7% |
| 5+ Bedrooms | $323K | $560K | +73.4% |
Summary: Arlington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.5%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 42.7%, and 5+ bedroom homes increased by 73.4%.
Median Sold Price Compared To Nearby Cities
| Arlington | $205K | $259.9K | +26.8% |
| Arlington Township | $205K | $259.9K | +26.8% |
Housing Supply in Arlington, MN
How many homes are available in Arlington, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Arlington real estate market had 9 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Arlington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arlington, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Arlington in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Arlington, MN
How long does it take to sell a home in Arlington, MN?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Arlington has remained consistent over time.
Summary: During April 2024, 2 homes were sold in Arlington; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
