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ARLINGTON, TN 38002

Real Estate Market Report  ·  Shelby County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ARLINGTON, TN real estate market (38002) currently shows 245 active listings, with 79 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are selling faster, averaging 56 days on market compared to 58 days last year.

The median listing price has risen 1.2% year-over-year, from $548,000 to $554,349.

Whether you are buying or selling in ARLINGTON, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 42,797  ·  Density: 142.1/mi²  ·  Median household income: $109,364

Typical home value: $332,601  ·  Homeownership: 83.7%

Market Overview

Active Listings
245
⇧ 7.9% vs 227 last year
Pending
79
32% pending ratio
Median Price
$554,349
⇧ 1.2% vs $548,000 last year
Average Price
$554,001
⇩ 3.3% vs $572,961 last year
Days on Market
56
⇩ 3.4% vs 58 days last year

Price Per Square Foot

Median $/sqft
$176
⇧ 15% vs $153/sqft last year
Median Home Size
3,174 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 245 this year vs 227 last year
  • Days on market: 56 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $554,349 (+1.2% YoY)
  • Average: $554,001 (-3.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.7 miles — 1,633 listings ($576,781,892 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38002Arlington, TN 380020.0 mi203$109,530,477$545,720$539,559
38133Memphis, TN 381337.1 mi66$21,566,358$318,700$326,763
38028Eads, TN 380288.3 mi53$64,101,698$749,475$1,209,466
38004Atoka, TN 380049.6 mi49$22,066,023$465,925$450,327
38134Memphis, TN 3813411.5 mi95$23,323,355$246,875$245,509
38060Oakland, TN 3806012.7 mi140$57,209,180$399,650$408,637
38128Memphis, TN 3812813.0 mi134$24,438,250$166,225$182,375
38053Millington, TN 3805314.0 mi98$32,136,748$318,990$327,926
38139Germantown, TN 3813914.2 mi74$55,425,778$606,200$748,997
38122Memphis, TN 3812215.1 mi134$23,937,626$163,253$178,639
38117Memphis, TN 3811716.3 mi197$74,728,404$280,875$379,332
38119Memphis, TN 3811916.4 mi105$36,298,815$299,450$345,703
38127Memphis, TN 3812717.7 mi285$32,019,180$109,700$112,348

Frequently Asked Questions

How many homes are for sale in ARLINGTON, TN 38002?

As of March 2026, there are 245 active listings in ARLINGTON, TN (zip code 38002), compared to 227 the prior year.

What is the median home price in ARLINGTON, TN 38002?

The median listing price in ARLINGTON, TN 38002 is $554,349 as of March 2026, a 1.2% increase from $548,000 the prior year.

How long do homes stay on the market in ARLINGTON, TN?

Homes in ARLINGTON, TN 38002 spend an average of 56 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in ARLINGTON, TN 38002?

Based on current inventory and days-on-market data as of March 2026, ARLINGTON, TN 38002 is currently a Balanced Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are selling faster, averaging 56 days on market compared to 58 days last year.

How much can I save on real estate commission in ARLINGTON, TN?

With SELL123.com's maximum 3% commission, sellers in ARLINGTON, TN 38002 save an estimated $11,087 compared to a typical 5% commission on the median listing price of $554,349. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.