Is Arlington, WA 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 June 2023

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.

Housing Prices in Arlington, WA

How much do homes in Arlington, WA cost?

Median Sold Price

$588,166

$353/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$23,166(+4.1%)

Key Takeaway

Homes in Arlington have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Arlington was $588,166 in June 2024, up 4.1% from last year, and the median price per square foot was $353.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $322.5K$353K
+9.5%
2 $455K$464K
+2.0%
3 $550K$573.9K
+4.4%
4 $632.5K$701K
+10.8%
5+ $662.5K$776K
+17.1%

Summary: Arlington housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 17.1%.

Median Sold Price Compared To Nearby Cities

Marysville
+4.8%
Arlington
+4.1%

Housing Supply in Arlington, WA

How many homes are available in Arlington, WA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
142158+11.3%

Summary: The Arlington real estate market had 158 homes for sale in June 2024, a 11.3% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 55
0.0%
2 1516
+6.7%
3 7381
+11.0%
4 4249
+16.7%
5+ 77
0.0%

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 increased by 6.7%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
3647+30.6%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

20 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. 42.6% of homes here sold above asking price last month.

Summary: A total of 47 homes were sold or pending in Arlington in June 2024, up by 30.6% month-over-month. Of the 47 sold homes, 32% were sold under asking, 26% were sold at asking, and 43% were sold over asking.

Days on Market for Arlington, WA

How long does it take to sell a home in Arlington, WA?

Average Sale Time

Jun 2023Jun 2024CHANGE
31 Days21 Days-31.1%

Summary: Homes in Arlington had an average of 21 days on market in Jun 2024, down by 31.1% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Arlington are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 47 homes were sold in Arlington; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

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

Report Updated 26 Days Ago

Newest Listings in Arlington, WA

Nearby Markets to Arlington, WA

What housing markets are near Arlington, WA?