Is Arlington, VA 22204 a buyer’s or seller’s market?
Arlington is a seller’s market. With about 3.5 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 55% of U.S. ZIP codes, and #234 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Arlington housing market right now
In the three months ending August 31, 2026, 25% of homes in Arlington, VA 22204 sold above their list price, the typical home went under contract in 51 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 115 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (24% then), homes sold more slowly (39 days then) and the median sale price rose 4% to $644,096. Overall, Arlington is less competitive than a year ago, which gives buyers more room.
Within Arlington County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 62%. On our competition score, Arlington ranks #234 of 358 VA ZIP codes with enough sales (score 54 out of 100).
Nearby, buyers who want less competition could look at Arlington 22209 (11% sold over asking) or Arlington 22202 (21% sold over asking), while Arlington 22205 (50% sold over asking) and Arlington 22213 (43% sold over asking) are even more competitive.
Run the numbers for 22204
Nearby markets
Arlington 22201Seller’s market $625 /sq ftArlington 22202Balanced $453 /sq ftArlington 22203Seller’s market $511 /sq ftArlington 22205Seller’s market $542 /sq ft Browse all markets →Towns like Arlington nearby
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Questions about Arlington real estate
Is Arlington a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Arlington, VA 22204 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Arlington?
The typical home went under contract in 51 days in the latest three months.
Do homes in Arlington sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Arlington?
About 0.91% of a home’s value a year in Arlington County, or roughly $3,640 on a $400,000 home.
What is the median home price in Arlington?
The median sale price was $644,096 in the three months ending August 31, 2026, about $418 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology