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 Neutral Market.
Key Takeaway
Arlington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Arlington, TN
How much do homes in Arlington, TN cost?
Median Sold Price
$489,950
-
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Arlington have sold for 2% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $412.4K | $489.8K | +18.8% |
| 4 Bedrooms | $530K | $449.9K | -15.1% |
| 5+ Bedrooms | $545.1K | $517.5K | -5.1% |
Summary: Arlington housing prices by bedroom type for March 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 18.8%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes decreased by 5.1%.
Housing Supply in Arlington, TN
How many homes are available in Arlington, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 141 | 154 | +9.2% |
Summary: The Arlington real estate market had 154 homes for sale in March 2024, a 9.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 29 | 28 | -3.4% |
| 4 Bedrooms | 65 | 76 | +16.9% |
| 5+ Bedrooms | 47 | 50 | +6.4% |
Summary: The Arlington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 6.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 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. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Arlington in March 2024, down by 26.1% month-over-month. Of the 17 sold homes, 59% were sold under asking, 41% were sold at asking, and 0% were sold over asking.
Days on Market for Arlington, TN
We’re sorry, we don't have information for this market at the moment
