Top Real Estate Agents in Arlington, Texas

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2023 Arlington, Texas Housing Market Summary

Arlington, Texas started 2023 with a total of 388 single-family homes on the market, with a median home price of $361,000 and an average price per square foot of $185. By the end of the year, inventory had increased to 489 homes on the market (+26%), with a median home price of $355,000 (-1%) and an average price per square foot of $190 (+2%).

At the start of 2023, the median days on market (DOM) was 49 days – by the end of the year, median DOM had remained the same at 49 days.

Arlington started the year with 47% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 48% of Arlington homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Arlington started 2023 as a seller’s market, with an MAI score of 44; by the end of the year, the MAI had dropped to 42 – a slight seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

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