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Arab, AL Real Estate & Property Data

Arab Real Estate Market Trends

Last Updated: April 22, 2025

To gain a better understanding of the real estate market in Arab, AL 35016, it is essential to have accurate and comprehensive real estate data. ATTOM provides up-to-date real estate data for Arab, which is refreshed on a daily basis. Based on the latest market trends, a total of 305 residential properties have been sold in Arab, AL over the past year, with a median home price of $217,629 and 2 foreclosure filings. Additionally, the 2022 effective property tax rate in Arab is 0.28%. To find more detailed property data for Arab, Alabama, look no further than ATTOM.

Arab Real Estate Market Trends

Get property data for any address in Arab, AL or the country:

Total Residential Properties 6,490

Total Commercial Properties 579

Avg. Home Age (Single Family Home) 45 Years

Avg. Square Feet (Single Family Home) 1,819

Total 2025 Residential Sales (year-to-date) 40

% of Homes Seriously Underwater (Q2 2025) 0.75%

Total 2024 Residential Sales 288

% of Equity Rich Homes (Q2 2025) 25.86%

Effective 2024 Property Tax 0.28%

Total Foreclosure Filings (year-to-date) 3

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Arab, AL 35016 Real Estate Overview

There were 305 residential properties sold in the past year in Arab, AL 35016. The median home value in Arab, AL 35016 is $247,975. There are a total of 6,490 residential properties in the 35016.

Median Sales Price i

$217,629

(Feb 2025)

+1.2%

year-over-year

y-o-y

February '25 Feb '25 $217,629
January '25 Jan '25 $236,059
December '24 Dec '24 $214,900
November '24 Nov '24 $320,000
October '24 Oct '24 $228,500
September '24 Sep '24 $221,000
August '24 Aug '24 $245,950
July '24 Jul '24 $227,450
June '24 Jun '24 $229,000
May '24 May '24 $306,000
April '24 Apr '24 $181,500
March '24 Mar '24 $332,000

Median Down Payment i

$36,400

(Feb 2025)

+198.4%

year-over-year

y-o-y

February '25 Feb '25 $36,400
January '25 Jan '25 $57,000
December '24 Dec '24 $70,000
November '24 Nov '24 $33,833
October '24 Oct '24 $36,436
September '24 Sep '24 $25,670
August '24 Aug '24 $35,600
July '24 Jul '24 $7,450
June '24 Jun '24 $17,150
May '24 May '24 $23,990
April '24 Apr '24 $16,000
March '24 Mar '24 $56,250

Number of Homes Sold i

19

(Feb 2025)

-13.6%

year-over-year

y-o-y

February '25 Feb '25 19
January '25 Jan '25 21
December '24 Dec '24 20
November '24 Nov '24 19
October '24 Oct '24 30
September '24 Sep '24 23
August '24 Aug '24 23
July '24 Jul '24 34
June '24 Jun '24 27
May '24 May '24 31
April '24 Apr '24 24
March '24 Mar '24 12

Number of Purchase Loans i

7

(Feb 2025)

-22.2%

year-over-year

y-o-y

February '25 Feb '25 7
January '25 Jan '25 11
December '24 Dec '24 11
November '24 Nov '24 14
October '24 Oct '24 19
September '24 Sep '24 15
August '24 Aug '24 15
July '24 Jul '24 26
June '24 Jun '24 17
May '24 May '24 21
April '24 Apr '24 11
March '24 Mar '24 9

Number of REFI Loans i

18

(Feb 2025)

+28.6%

year-over-year

y-o-y

February '25 Feb '25 18
January '25 Jan '25 12
December '24 Dec '24 5
November '24 Nov '24 12
October '24 Oct '24 15
September '24 Sep '24 7
August '24 Aug '24 9
July '24 Jul '24 5
June '24 Jun '24 15
May '24 May '24 7
April '24 Apr '24 9
March '24 Mar '24 9

Number of HELOC Loans i

9

(Feb 2025)

+80%

year-over-year

y-o-y

February '25 Feb '25 9
January '25 Jan '25 9
December '24 Dec '24 6
November '24 Nov '24 2
October '24 Oct '24 13
September '24 Sep '24 4
August '24 Aug '24 10
July '24 Jul '24 9
June '24 Jun '24 9
May '24 May '24 11
April '24 Apr '24 10
March '24 Mar '24 13

Arab, AL 35016 Real Estate Market Overview

Last 30 days

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Arab, AL 35016 Foreclosure Activity

There were a total of 2 Arab, AL 35016 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

2

(Feb 2025)

February '25 Feb '25 2
January '25 Jan '25 1
December '24 Dec '24 2
November '24 Nov '24 2
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 3
April '24 Apr '24 1
March '24 Mar '24 1

Foreclosure Starts i

2

(Feb 2025)

February '25 Feb '25 2
January '25 Jan '25 1
December '24 Dec '24 2
November '24 Nov '24 2
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 3
April '24 Apr '24 1
March '24 Mar '24 1

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 2
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 1
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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