Zip Code:

76002, Arlington, TX

76002 is a Texas Zip code within the city of Arlington and the county of Tarrant County. Its population is roughly 36,460.

The Real Estate Market in the 76002 Zip Code of Arlington, TX

Arlington, TX is located in the Dallas-Fort Worth metro area and has a population of over 1 million people. The median home value in Arlington is $269,000 and the median home equity is $161,500. Home prices have increased significantly in Arlington over the past few years, reaching their highest point in 2017. This increase can be attributed to a number of factors including an improving economy and low interest rates.

The average monthly mortgage payment for a home in Arlington is $1,078 which means that homeownership rates are high compared to other parts of the country. Additionally, Arlington has a relatively low unemployment rate which contributes to increased demand for homes. Despite these positive factors, there are some potential risks associated with buying a home in Arlington. For example, if interest rates rise or the economy takes a downturn then prices could drop significantly. Additionally, there may be limited inventory available for sale which could lead to higher prices than expected.

Price Index: Fort Worth-Arlington-Grapevine, TX (MSAD)

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