Is Arlington, TN 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 Buyer's Market.
Housing Prices in Arlington, TN
How much do homes in Arlington, TN cost?
Median Sold Price
$489,900
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Arlington was $489,900 in April 2024, up 3.9% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $155K | N/A |
3 Bedrooms | $462.7K | $365K | -21.1% |
4 Bedrooms | $432K | $504.7K | +16.8% |
5+ Bedrooms | $649.9K | $563.6K | -13.3% |
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 did not change, 3 bedroom homes decreased by 21.1%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes decreased by 13.3%.
Housing Supply in Arlington, TN
How many homes are available in Arlington, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
151 | 179 | +18.5% |
Summary: The Arlington real estate market had 179 homes for sale in April 2024, a 18.5% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 27 | 32 | +18.5% |
4 Bedrooms | 79 | 85 | +7.6% |
5+ Bedrooms | 45 | 62 | +37.8% |
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 increased by 18.5%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 37.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 30 | +57.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Arlington in April 2024, up by 57.9% month-over-month. Of the 30 sold homes, 43% were sold under asking, 30% were sold at asking, and 27% were sold over asking.
Days on Market for Arlington, TN
How long does it take to sell a home in Arlington, TN?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in Arlington; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.