$6,068 Closing Credit*
$511,030
5 Beds
•3 Full Baths
Listing Office: Grant & Co., REALTORS
Is Arlington, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Arlington was a Neutral Market.
Key Takeaway
Arlington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Arlington, TN
How much do homes in Arlington, TN cost?
Median Sold Price
$510,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,230(+5.6%)
Key Takeaway
Homes in Arlington have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Arlington was $510,000 in October 2024, up 5.6% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $414.5K | $298.2K | -28.0% |
| 4 Bedrooms | $494K | $532.3K | +7.8% |
| 5+ Bedrooms | $569K | $582.4K | +2.4% |
Summary: Arlington housing prices by bedroom type for October 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 28%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
| Arlington | $482.7K | $510K | +5.6% |
| Lakeland | $512.5K | $510K | -0.5% |
Housing Supply in Arlington, TN
How many homes are available in Arlington, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 121 | 148 | +22.3% |
Summary: The Arlington real estate market had 148 homes for sale in October 2024, a 22.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 34 | 40 | +17.6% |
| 4 Bedrooms | 57 | 73 | +28.1% |
| 5+ Bedrooms | 30 | 35 | +16.7% |
Summary: The Arlington housing inventory by bedroom type for October 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 17.6%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 32 | +166.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arlington, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Arlington in October 2024, up by 166.7% month-over-month. Of the 32 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for Arlington, TN
We’re sorry, we don't have information for this market at the moment
