Foreclosure Homes in Arlington, VA 22204

Current Market Conditions in Arlington, VA

Arlington's real estate market has been experiencing a steady increase in demand, driven by its desirable location and high quality of life. Homes are selling faster as buyers are keen to take advantage of the limited inventory, often leading to competitive bidding situations.

The average sale price of homes in Arlington has seen an upward trend over the past year, with many neighborhoods reporting price increases of 5% to 10%. This trend is attributed to rising interest in urban living and the area's stable job market.

Rent Prices In Arlington, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Arlington, VA, is on a rollercoaster ride. The average rent price in Arlington, VA, is $2,874.00. Indeed, when looking to rent in Arlington, VA, you can expect to pay as little as $860.00 or as much as $9,060.00, with the average rent median estimated to be $2,800.00. The good news is that finding an affordable and desirable property to rent in Arlington, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.