Arlington Real Estate & Homes for Sale in Shelby County, Tennessee


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Arlington, Tennessee
Average Home Sizes and Asking Prices

Updated On: October 18, 2019
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
38002 0 $221,000 0 $235,000 437

Asking Price in 38002 - 3 Bedroom Single Family Homes
38002 real estate listing price trend

Homes for Sale in Arlington

Arlington Real Estate & Homes for Sale in Tennessee

Located just 30 miles northeast of Memphis sits Arlington, a town rich in history and heritage with plenty of small-town charm. With a population of approximately 4,000, Arlington is the eastern-most municipality in Shelby County and is in the midst of vibrant growth. Historical landmarks dot the city along with excellent schools, community activities and commercial amenities. One of the county?s best kept secret, Arlington remains a quiet, family-friendly town with a low cost of living, where star-filled skies outshine street lamps. Real estate options here consist of single-family homes, condominiums and townhouses as well as land for custom building.

The local economy thrives with the Arlington Industrial Park, home to several employers in the area. Arlington?s barbeque positions the city?s culinary delights in a category of its own with the Annual Barbecue Burnout in November featuring live entertainment, activities for families and children, and of course, a challenge to the best barbecue.

With an active community and spirit, Arlington?s Beautification Committee awards residents and businesses with the most well-kept and attractive yards, promoting civic pride and enhancing the landscape in the city. To further celebrate the community spirit, Arlington in April is an annual event held in the historic downtown area featuring live music, petting zoo, craft booths, games, car shows and stagecoach rides. The Annual 4th of July Picnic in the Park adds to the small-town feel of Arlington, featuring a Pie Baking Contest, the patriotic Bike and Wagon Parade and the ?Most Patriotic Family? award.

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Arlington TN Real Estate - Prices of Homes for Sale Arlington TN

Both contemporary estates and historic country properties can be found in Arlington, TN. Widespread options are available, from affordable family homes on tree-lined streets, horse properties on ample acreage to palatial new developments. Arlington's home prices start under $100,000 and can reach over $600,000 for vast acreage, exclusive amenities and sprawling estates. Townhouses and condominiums are rarely available, but are offered closer to the city from less than $75,000. Land property ranges from below $100,000 to $600,000 depending significantly on acreage, views, topography and utilities present.

Arlington Real Estate Stats and Trends for the week of October 18th, 2019: homes priced around $235,288 compared to $175,814 the previous week, showing a increase of more than +25%.  For Friday, October 18th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.