Median price for residential apartments in Arlington, MA as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
64 Arlington, MA, USA apartments for sale
Arlington
According to statistics, the population in Arlington, MA amounts to 44,992, which shows growth 1% compared to the previous year. The median age of the city’s residents is 41. The average household income is $103,594, shifting growth 6% from the past year, and the average property value in Arlington, MA growth 6% to $577,600 throughout the year.
| Population | 44,992 |
| Median Age | 41.4 |
| Poverty Rate | 5% |
| Household Income | $103,594 |
| Number Of Employees | 25,052 |
| Median Property Value | $577,600 |
Household Income
The average household income in Arlington, MA grew from $98,103 to $103,594 in the past year. This data is an estimate based upon 18,632 households in Arlington, MA . The chart below presents how household income is distributed in Arlington, MA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Arlington, MA shifted from $546,800 to $577,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Arlington, MA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Arlington, MA properties falls in the '$500,000 to $749,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Arlington, MA compared to median property taxes around the country. The prevalent amount of property taxes in Arlington, MA equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Arlington, MA, USA
Average apartment sale in Arlington: $917,785 (-12.2%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $995,000 | N/A |
| 1-bed apartments | $355,000 | +7.8% |
| 2-bed apartments | $568,000 | -10.8% |
| 3-bed apartments | $888,293 | -2.8% |
| 4+ bed apartments | $1,179,988 | -17% |
During Nov 2022, the average price for an apartment in/near Arlington, MA decreased by 12.2% to $917,785.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 7.8% to $355,000. Asking price for 2-bed apartment also decreased by 10.8% and a place of this size will now cost you $568,000. A 3-bed apartment goes for $888,293, it decreased by 2.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 17% and made it down to $1,179,988.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Condos for sale | $808,175 | -12.8% |
| Houses for sale | $1,018,261 | -12.4% |
| Land for sale | $995,000 | N/A |
Price reports demonstrate that house price decreased by 12.4% this month making it up to $1,018,261. Condos faced an upward trend these days. The median price for a condo decreased by 12.8%, it’s now available for $808,175.