The Power Is Now Magazine | May, 2021

Page 39

Johnnie Morine

HOW MUCH DOES IT COST TO SELL A HOME IN ARLINGTON, TX? an average home sale price of $705,000 and a median price of $610,000 in 2019 alone. These figures have changed significantly since then.

Once known for cotton ginning and agriculture, the city with 403,316 people has become the North Texan top destination for sporting and recreation. It sparks with numerous activities ranging from arts and culture, entertainment, shopping, and lots more.

Most people living in Arlington own their own homes, and more homeowners increasingly emerge. According to an online source, the prices of singlefamily homes are soaring due to high demands. “There is an absolute lack of single-family home inventory.”, says the source.

Arlington, Texas, experienced

Homes were sold for about

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$159,900 to over $475,000 between 2020 and 2021. Prices depended on the size and features of the properties sold. Perhaps, this boom is heightened by the COVID-19 pandemic that led to increased demand for homes in affordable cities across the United States. The value of homes in Arlington, Texas, is typically at $236,401 and is seasonally adjusted. Some three-bedroom and twobathroom homes were sold at $127,000 in 2021. Another home of four bedrooms was sold at $290,000.

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lthough North Texan cities have a reputation for lower cost of living, home sales prices in Arlington, Texas, have experienced an upward surge over the years.


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