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 October 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

$601,200

$359/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,200(+4.2%)

Key Takeaway

Homes in Arlington have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Arlington was $601,200 in October 2024, up 4.2% from last year, and the median price per square foot was $359.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $322.5K$383K
+18.8%
2 $450K$465K
+3.3%
3 $558.3K$577.7K
+3.5%
4 $660K$718.5K
+8.9%
5+ $753.5K$815K
+8.2%

Summary: Arlington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Cities

Arlington
+4.2%
Marysville
+2.4%

Housing Supply in Arlington, WA

How many homes are available in Arlington, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
177173-2.3%

Summary: The Arlington real estate market had 173 homes for sale in October 2024, a 2.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1012
+20.0%
2 2123
+9.5%
3 9787
-10.3%
4 4244
+4.8%
5+ 77
0.0%

Summary: The Arlington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5334-35.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arlington, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Arlington in October 2024, down by 35.8% month-over-month. Of the 34 sold homes, 41% were sold under asking, 35% were sold at asking, and 24% 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

Oct 2023Oct 2024CHANGE
29 Days63 Days+117.0%

Summary: Homes in Arlington had an average of 63 days on market in Oct 2024, up by 117% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

6 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 October 2024, 34 homes were sold in Arlington; 47% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 18% 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 16 Days Ago

Newest Listings in Arlington, WA

Nearby Markets to Arlington, WA

What housing markets are near Arlington, WA?