Is Arlington, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Arlington was a Seller's Market.
Key Takeaway
Arlington is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Arlington, TN
How much do homes in Arlington, TN cost?
Median Sold Price
$505,500
-
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Arlington have sold for 2.6% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $329.5K | $449.4K | +36.4% |
| 4 Bedrooms | $500K | $489.5K | -2.1% |
| 5+ Bedrooms | $620.5K | $615K | -0.9% |
Summary: Arlington housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Cities
| Eads | $753K | $1.2M | +72.3% |
| Arlington | $492.5K | $505.5K | +2.6% |
Housing Supply in Arlington, TN
How many homes are available in Arlington, TN?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 183 | 176 | -3.8% |
Summary: The Arlington real estate market had 176 homes for sale in June 2024, a 3.8% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 43 | 45 | +4.7% |
| 4 Bedrooms | 87 | 85 | -2.3% |
| 5+ Bedrooms | 53 | 46 | -13.2% |
Summary: The Arlington housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 13.2%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 44 | 29 | -34.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arlington, expect to pay close to the asking price. 51.7% of homes here sold near the asking price last month.
Summary: A total of 29 homes were sold or pending in Arlington in June 2024, down by 34.1% month-over-month. Of the 29 sold homes, 28% were sold under asking, 52% were sold at asking, and 21% were sold over asking.
Days on Market for Arlington, TN
We’re sorry, we don't have information for this market at the moment
