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Arlington real estate market overview
- Average Monthly Rent: $1,334
- Home Price/Value Percentage Change: 1.93%
- Median Home Value: $314,815
- Best Time To Sell a Home: December
- Affordability Index: Moderate
- Days To Sell a House: 54
- Job Market: Fair
- Public School Ranking: 27
Location and weather
Just 12 miles east of Fort Worth sits the city of Arlington, Texas. Located in Tarrant County, this city is full of lush parks, over 100 miles of biking and hiking trails, theme parks, entertainment venues, museums and friendly neighborhoods. It's also a big attraction for sports fans, as it's home of the Dallas Cowboys, Texas Rangers and the Dallas Wings.
There are over 300 days of sun here, which provides wonderful winters but dreadfully warm summers. In August, temperatures reach an average high of 95.6 degrees. During winter, temperatures are more bearable with an average of 0.6 inches of snow.
Population, job market and cost of living
Arlington's population is 402,915, with a growth rate of 0.72% annually.
The job market has decreased by -3.88% over the last year. In ten years, job growth is predicted to be 38.85%. This city is home to several popular sports teams, as well as the Cowboys Stadium, the University of Texas at Arlington, and the headquarters of American Mensa, which combined support a large portion of the employment opportunity here. Arlington is the center of the nation's fourth-largest labor supply for workforce development and educational assets. The University of Arlington Texas alone has had an economic impact of $17.1 billion, while the sports and entertainment sectors of the job market drives the major tourism industry here.
Considering all that Arlington has to offer in terms of economy, quality of life, and recreation, it is an affordable Texan city to live in.
Arlington real estate market details
- North Arlington
- Fannin Farm
- South Davis
- Pantego
- Dalworthington Gardens
The average monthly rent in Arlington is $1,334 for an average apartment size of 828 sq. feet.
There has been a 1.9% increase in Arlington's median home value over the last year. As of 2023, the median home value is $314,815.
On average, homes in Arlington sell after 54 days on the market.
To earn the most money for your home, data suggests selling during December. For the fastest sale on your home, data suggests selling during August.
The affordability index in Arlington is 100. This number indicates moderate affordability in this city.
The top ranked public schools are Arlington Collegiate High School, TCCSE Early College H S At Timberview Elementary School, Ditto Elementary School, Butler Elementary School and Duff Elementary School. This information derives from data by The US Department of Education, The US Census Bureau and the Texas Education Agency.