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Buying a home in Arlington, Virginia

Arlington County median home value: $945,700 (Census ACS 2024). CY 2026 real estate tax rate: $1.053 per $100. First-time buyer loan up to $112,500.

In short

The median value of owner-occupied homes in Arlington County is $945,700, according to the Census Bureau’s 2024 American Community Survey. Arlington County’s adopted real estate tax rate for calendar year 2026 is $1.053 per $100 of assessed value, according to the county’s Budget & Finance page. Arlington is a county, and the Census Bureau’s figure for the Arlington place is identical to the county’s.

How much homes cost in Arlington

The Census Bureau’s American Community Survey (ACS) asks owners how much they think their home would sell for. The median of those answers is a useful benchmark, but it is not a sale price: it covers every owner-occupied home, including homes bought long ago. Our page on Virginia home prices explains the method in detail.

AreaMedian value, 2024 (ACS)Margin of error (90%)
Arlington County$945,700±$49,107
Washington–Arlington–Alexandria metro area$604,800±$4,223
Virginia$403,500±$3,411
United States$360,600±$618

Source: U.S. Census Bureau, ACS 1-Year Estimates 2024, table B25077. The 2025 estimates are scheduled for October 29, 2026.

Are Arlington prices rising?

The Federal Housing Finance Agency (FHFA) tracks repeat sales of the same single-family homes. Its purchase-only, seasonally adjusted index for the Arlington-Alexandria-Reston metro division, published August 25, 2026, shows:

Area1-year change (Q2 2025 to Q2 2026)5-year change (Q2 2021 to Q2 2026)
Arlington-Alexandria-Reston metro division+3.6%+27.4%
Virginia+3.1%+37.3%
United States+2.1%+33.4%

Source: FHFA House Price Index, quarterly purchase-only files. Changes calculated by Payotte from the published index values.

Closing costs at the median price

On top of the price, buyers and sellers pay closing costs: lender fees, the appraisal, the survey, recording fees and title insurance. Several depend on the loan and the providers you choose, so there is no single official figure. For the rules and who usually pays each item, see our guide to closing costs in Virginia and our page on transfer tax in Virginia.

Property tax in Arlington

Arlington County sets the real estate tax rate. Its Budget & Finance page lists the rate for calendar year (CY) 2026 at $1.053 per $100 of assessed value, up from $1.033 in CY 2025. The county’s FY 2027 adopted budget gives the average value of existing residential properties, including condominiums, townhouses and detached homes, as $882,900 in CY 2026, up 3.3% from $854,900, and says the average Arlington homeowner will pay $9,297 a year in real estate taxes at the adopted rate.

A worked example

Take a home assessed at the Arlington County median value, $945,700, and ignore exemptions and relief programs:

  • $945,700 ÷ 100 × 1.053 = about $9,958 a year, or about $830 a month. At the CY 2025 rate of $1.033, the same value would be about $9,769.

The county’s Business Improvement District rates (Ballston $0.045, National Landing $0.043, Rosslyn $0.078 per $100) are listed on the same page. Our Virginia property tax guide explains assessment, exemptions and appeals. To see how the tax is paid through a monthly mortgage payment, read our guide to escrow accounts.

Help for first-time buyers in Arlington

Arlington County’s Moderate-Income Purchase Assistance Program (MIPAP) is a 0% interest, 30-year down payment loan for first-time buyers who have not owned a home in the previous three years, with no monthly payments. The county’s fact sheet (revised May 20, 2026) caps it at 25% of the price and $112,500; the county’s web page lists higher caps, so confirm with the Housing Division. Details, income limits and Virginia Housing’s grants are in our guide to first-time buyer programs in Virginia.

Virginia guides for Arlington buyers

Frequently asked questions

What is the median home price in Arlington, VA?

The Census Bureau’s 2024 American Community Survey puts the median value of owner-occupied homes in Arlington County at $945,700 (±$49,107). This is what owners think their home is worth, not the median sale price of recent sales.

Are home prices in Arlington going up?

According to the FHFA purchase-only index, prices in the Arlington-Alexandria-Reston metro division rose 3.6% between the second quarter of 2025 and the second quarter of 2026, and 27.4% over five years.

What is the property tax rate in Arlington County?

The adopted real estate tax rate for calendar year 2026 is $1.053 per $100 of assessed value, up from $1.033 in 2025.

How much property tax would I pay on a median-valued home in Arlington?

On an assessed value of $945,700 with no exemptions, the CY 2026 rate gives about $9,958 a year. The county says the average homeowner will pay $9,297 at the adopted rate.

Is there help for first-time buyers in Arlington?

Yes. Arlington County’s MIPAP loan covers up to 25% of the price, with a cap the county states as $112,500 on its fact sheet, for eligible first-time buyers. Virginia Housing grants are also available near Arlington; see our first-time buyer guide.

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Sources

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