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Arlington, VA 22202 Real Estate Market Report

ZIP Code: 22202
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
180 Days
Total Properties Analyzed
53
Active Listings
32
Sold Properties
21

Market Metrics

Median Listing Price
$1,427,500
Median Sold Price
$1,150,000
Median Price per Sqft
$612/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,427

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.93%

Liquidity & Velocity

Median Days on Market
294
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Arlington, VA are averaging 6.42%, reflecting the broader market trend for property owners in this area as of May 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. median sold price: 1,150,000 — Recent transactions center around this value, which anchors market value and suggests realized price strength in a market classified as hot.

  2. median listing price: 1,427,500 versus the median sold price indicates a meaningful spread that may reflect seller optimism and pricing friction between asking and realized values.

  3. median days on market: 294 is unusually long for a hot market and appears to signal slower sales velocity and tighter buyer-seller alignment on price expectations rather than immediate uptake.

  4. median market rent: 2,427 and a reported rent year-over-year trend of down suggest weakening rental performance, while interest rate pressure noted as elevated (Current 30-year fixed mortgage rates are averaging 6.42%) may further moderate buyer demand.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

637 21st St S, Arlington, VA 22202
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds
4 baths
3,218 sqft
$2,340,000
Dec 1, 2025
$727/sqft/sqft
277 days on market
1702 S Arlington Ridge Rd, Arlington, VA 22202
Value

Sold below market average

5 beds
5 baths
5,083 sqft
$2,000,000
Jan 1, 2026
$393/sqft/sqft
840 days on market
1417 21st St S, Arlington, VA 22202
Market Benchmark

Sold at market average

5 beds
4 baths
2,632 sqft
$1,510,000
Dec 1, 2025
$574/sqft/sqft
212 days on market
1802 24th St S, Arlington, VA 22202
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
3 baths
2,460 sqft
$1,275,000
Jan 1, 2026
$518/sqft/sqft
843 days on market
520 25th St S, Arlington, VA 22202
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,696 sqft
$1,250,000
Dec 1, 2025
$737/sqft/sqft
189 days on market
724 25th St S, Arlington, VA 22202
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds
2 baths
2,016 sqft
$1,240,000
Mar 1, 2026
$615/sqft/sqft
121 days on market
1715 S Kent St, Arlington, VA 22202
Market Benchmark

Sold at market average

2 beds
1 baths
1,488 sqft
$850,000
Jan 1, 2026
$571/sqft/sqft
546 days on market
1109 20th St S, Arlington, VA 22202
Premium

Sold above market average

2 beds
2 baths
882 sqft
$800,000
Dec 1, 2025
$907/sqft/sqft

Arlington, VA 22202 Real Estate Market Report

ZIP Code: 22202
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
180 Days
Total Properties Analyzed
41
Active Listings
20
Sold Properties
21

Market Metrics

Median Listing Price
$412,750
Median Sold Price
$500,000
Median Price per Sqft
$492/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,190

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.01%

Liquidity & Velocity

Median Days on Market
315
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Arlington, VA are averaging 6.42%, reflecting the broader market trend for property owners in this area as of May 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. median sold price 500,000 anchors market value and indicates relatively strong realized pricing in recent transactions; with a hot market temperature and price year-over-year trend up, sellers continue to capture robust sale prices, though this may vary by product (SFR vs. condo).

  2. median days on market 315 points to slower sales velocity and greater time-to-contract than typical for a hot market; this extended marketing period may indicate pricing friction or selective buyer demand rather than broad market weakness. moderate caution is warranted when timing listings.

  3. median listing price 412,750 versus the median sold price suggests a meaningful spread between asking and realized values that may reflect seller optimism or negotiated premiums; pricing strategy should be calibrated to reflect recent sold outcomes rather than listing expectations. contextual pricing adjustments are recommended.

  4. median market rent 2,190 and the rent year-over-year trend down signal softening rental fundamentals even as home prices rise; combined with elevated interest rate pressure (Current 30-year fixed mortgage rates averaging 6.42%), this creates a mixed investment environment where capital appreciation may outpace near-term rental income growth.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

1101 S Arlington Ridge Rd Apt 1215, Arlington, VA 22202
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds
2 baths
1,597 sqft
$850,000
Mar 1, 2026
$532/sqft/sqft
3650 S Glebe Rd Unit 1050, Arlington, VA 22202
Premium

Sold above market average

2 beds
2 baths
1,287 sqft
$775,000
Mar 1, 2026
$602/sqft/sqft
404 days on market
1101 S Arlington Ridge Rd Apt 1107, Arlington, VA 22202
Value

Sold below market average

2 beds
2 baths
1,605 sqft
$685,000
Apr 1, 2026
$427/sqft/sqft
315 days on market
3650 S Glebe Rd Unit 666, Arlington, VA 22202
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

1 beds
1 baths
871 sqft
$495,000
Mar 1, 2026
$568/sqft/sqft
454 days on market
1805 Crystal Dr Apt 403s, Arlington, VA 22202
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

1 beds
1 baths
676 sqft
$479,999
Feb 1, 2026
$710/sqft/sqft
329 days on market
1300 Crystal Dr Apt 808s, Arlington, VA 22202
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

1 beds
1 baths
1,116 sqft
$475,000
Mar 1, 2026
$426/sqft/sqft
74 days on market
1300 Army Navy Dr Apt 803, Arlington, VA 22202
Value

Sold below market average

1 beds
1 baths
900 sqft
$310,000
Mar 1, 2026
$344/sqft/sqft
731 days on market
1300 Army Navy Dr Apt 227, Arlington, VA 22202
Value

Sold below market average

1 beds
1 baths
900 sqft
$294,900
Feb 1, 2026
$328/sqft/sqft
323 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$4,491/mo
22202 Avg Rent
22202 Cost to Own
Rent$2,427
Own$6,918

20% down, 6.3% rate, 0.9% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

22202 Avg nightly rate
22202 Avg occupancy (days/year)
Nightly rate$282/night
Occupancy154 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

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