Is Arlington, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arlington is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Arlington has remained a Seller's Market.

Key Takeaway

Arlington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Arlington, TN cost?

Median Sold Price

$379,900

-

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$24,900(+7.0%)

Key Takeaway

Homes in Arlington have sold for 7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 --
N/A
3 $260K$295K
+13.5%
4 $365K$390K
+6.8%
5+ $398.9K$450K
+12.8%

Median Sold Price Compared To Nearby Cities

Eads
+22.4%
Memphis
+12.9%
Arlington
+7.0%
Lakeland
+5.1%

How many homes are available in Arlington, TN?

Number of Homes For Sale

Apr 2022May 2022%
5856-3.4%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 00
0.0%
3 1511
-26.7%
4 3535
0.0%
5+ 810
+25.0%

Number of Homes Sold

Apr 2022May 2022%
1518+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arlington, you could pay more than the asking price. 72.2% of homes here sold above asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Arlington, TN

Number of homes for sale in Arlington, TN real estate market have reached 56. The inventory of homes for sale in Arlington, TN between April 2022 and May 2022 decreased by 3.4%. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, 3 bedrooms properties prices increased by 13.5%, prices of 4 bedrooms properties went up by 6.8%, 5 bedrooms properties prices increased by 12.8%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory did not change, 3 bedrooms homes inventory decreased by 26.7%, volume of 4 bedrooms homes stayed the same, the quantity of 5 bedrooms homes went up by 25%. In May 2022 more than 13 listings in Arlington, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below.

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