North Richland Hills, Arlington, TX—76001
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Richland Hills, Arlington, TX
As of Oct '25, the median home price in North Richland Hills, Arlington, TX is $346,000, with a year-over-year change of -3.7%. This indicates that home prices in North Richland Hills, Arlington, TX are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $346,000 | -3.7% |
| Single Family | $346,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $224,000 | -5.1% |
3 Bed | $301,000 | -4.1% |
4 Bed | $392,000 | -3.4% |
| 5 Bed | $472,000 | -3.7% |
% of Housing Stock
Rental Trends — North Richland Hills, Arlington, TX
As of July '25, Rentcast reports the average rent in North Richland Hills, Arlington, TX is $2,300, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in North Richland Hills, Arlington, TX is 1-bedrooms: $1,300, 2-bedrooms: $1,830, 3-bedrooms: $2,200, 4-bedrooms: $2,690. The most common rental property sizes in North Richland Hills, Arlington, TX are 3-bedroom and 2-bedroom, accounting for 61.4% and 21.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,340 | $1,300 |
| 2 Bed Rent | $1,940 | $1,830 |
| 3 Bed Rent | $2,100 | $2,200 |
| 4 Bed Rent | $2,550 | $2,690 |
% of Rental Stock
Property Listings — North Richland Hills, Arlington, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in North Richland Hills, Arlington, TX is 51. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $419,000 | 1.0% |
Listing Count | 130 | 13.0% |
| Listings as % of Homes | 0.7% | 13.0% |
Days on Market | 51 | -3.0% |
Demographics — North Richland Hills, Arlington, TX
As of the latest ACS Survey released in 2023, North Richland Hills, Arlington, TX has a population of 38,200, which has increased by 18.6% over the past 5 years. North Richland Hills, Arlington, TX is a popular place for families, as children make up 29.0% of the population. The area has a moderately educated workforce, with 42.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,200 | 18.6% |
% Under 18 | 29.0% | 3.2% |
% Seniors | 12.4% | 31.9% |
% WFH | 12.4% | 202.4% |
% w/ College Degree | 42.9% | 15.3% |
As of the latest ACS Survey released in 2023, North Richland Hills, Arlington, TX is a predominantly white area, with 47.6% of the population identifying as white. The white population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in North Richland Hills, Arlington, TX is black, making up 23.2% of the population. Foreign-born residents account for 17.9% of the population in North Richland Hills, Arlington, TX, and this percentage has increased by 40.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 47.6% | 3.9% |
% Black | 23.2% | -18.9% |
% Hispanic | 19.3% | 4.3% |
% Asian | 5.6% | 14.3% |
% Foreign Born | 17.9% | 40.9% |
Mortgage and Risk — North Richland Hills, Arlington, TX
According to HUD data as of 2023, there were 299 mortgage originations in North Richland Hills, Arlington, TX, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in North Richland Hills, Arlington, TX. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 299 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — North Richland Hills, Arlington, TX
As of 2024, the percent of homes in North Richland Hills, Arlington, TX under the Section 8 program is 15.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In North Richland Hills, Arlington, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 394 |
Total Units Section 8 | 393 |
% Rentals under Section 8 | 15.4% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $570 | $1,340 | $1,910 |
| 2 Bedroom | $290 | $1,940 | $2,230 |
| 3 Bedroom | $850 | $2,100 | $2,950 |
| 4 Bedroom | $1,050 | $2,550 | $3,600 |
Affordability — North Richland Hills, Arlington, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $346,000 |
| Median Household Income | $106,000 |