Arlington, WA—98223
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Arlington, WA
As of Oct '25, the median home price in Arlington, WA is $645,000, with a year-over-year change of 2.0%. This indicates that home prices in Arlington, WA are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $645,000 | 2.0% |
| Single Family | $652,000 | 1.9% |
| Condos | $436,000 | 1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $408,000 | 1.2% |
2 Bed | $525,000 | 2.1% |
3 Bed | $619,000 | 1.8% |
4 Bed | $772,000 | 2.0% |
| 5 Bed | $778,000 | 1.6% |
% of Housing Stock
Rental Trends — Arlington, WA
As of July '25, Rentcast reports the average rent in Arlington, WA is $2,180, with a year-over-year rent change of -11.4%. Per bedroom, the median rent as of July '25 in Arlington, WA is studios: $1,400, 1-bedrooms: $1,460, 2-bedrooms: $1,980, 3-bedrooms: $2,890, 4-bedrooms: $3,060. The most common rental property sizes in Arlington, WA are 2-bedroom and 3-bedroom, accounting for 36.7% and 34.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,920 | $2,180 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,600 | $1,460 |
| 2 Bed Rent | $1,880 | $1,980 |
| 3 Bed Rent | $2,950 | $2,890 |
| 4 Bed Rent | $2,900 | $3,060 |
% of Rental Stock
Property Listings — Arlington, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Arlington, WA is 55. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $747,000 | 2.0% |
Listing Count | 135 | 22.0% |
| Listings as % of Homes | 0.4% | 22.0% |
Days on Market | 55 | 17.0% |
Demographics — Arlington, WA
As of the latest ACS Survey released in 2023, Arlington, WA has a population of 46,200, which has increased by 7.8% over the past 5 years. Arlington, WA is a moderately popular place for families, as children make up 23.4% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 46,200 | 7.8% |
% Under 18 | 23.4% | 4.0% |
% Seniors | 16.4% | 6.5% |
% WFH | 12.6% | 110.0% |
% w/ College Degree | 20.5% | 8.5% |
As of the latest ACS Survey released in 2023, Arlington, WA is a predominantly white area, with 78.6% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Arlington, WA is hispanic, making up 9.7% of the population. Foreign-born residents account for 7.4% of the population in Arlington, WA, and this percentage has increased by 45.1% 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 | 78.6% | -8.4% |
% Black | 0.7% | -36.4% |
% Hispanic | 9.7% | 44.8% |
% Asian | 3.1% | 47.6% |
% Foreign Born | 7.4% | 45.1% |
Mortgage and Risk — Arlington, WA
According to HUD data as of 2023, there were 901 mortgage originations in Arlington, WA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Arlington, WA. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 901 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Arlington, WA
As of 2024, the percent of homes in Arlington, WA under the Section 8 program is 10.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Arlington, WA, 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 | 369 |
Total Units Section 8 | 300 |
% Rentals under Section 8 | 10.3% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $450 | $1,600 | $2,050 |
| 2 Bedroom | $510 | $1,880 | $2,390 |
| 3 Bedroom | $210 | $2,950 | $3,160 |
| 4 Bedroom | $780 | $2,900 | $3,680 |
Affordability — Arlington, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $645,000 |
| Median Household Income | $96,500 |