Arlington, Texas started 2024 with a total of 451 single-family homes on the market, with a median home price of $354,900 and an average price per square foot of $194.35. By the end of the year, inventory had increased to 647 homes on the market (+43%), with a median home price of $350,000 (-1%), and an average price per square foot of $190 (-2%).
At the start of 2024, the median days on market (DOM) was 56 days – by the end of the year, median DOM had increased to 70 days.
Arlington, Texas started the year with 47.89% 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 51.62% of homes for sale had taken a price cut.
