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Foreclosure Homes in Arab, AL

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Arab, AL Foreclosures

How much do homes sell for in Arab, AL?
The average home price is currently $264,198.
In Arab, AL, how many homes are available?
There are currently 42 active home listings available in Arab.
What’s the average rental cost in Arab, AL?
The average rental price in Arab is $1,190.
What is the most expensive home in Arab?
The most expensive home sold in Arab had a price of $6,505,863.
What is currently the cheapest priced home in Arab, AL?
The cheapest home for sale in Arab is priced at $10,039.

Living in Arab, AL

Arab, AL, is a friendly small town known for its strong sense of community, charming downtown area, and ample outdoor activities. The town features affordable housing options, quality schools, and easy access to major cities. It is an ideal location for families and retirees alike looking for a peaceful lifestyle.

Current Market Conditions in Arab, AL

The real estate market in Arab is currently experiencing a stable growth trend, driven by the appealing lifestyle and affordable housing options. The demand remains steady, with both first-time homebuyers and retirees showing interest in the area.

Property values have been increasing gradually, making now an excellent time for investment. Investors and buyers can find homes ranging from historic properties to new constructions, catering to a variety of preferences and budgets.

Home Value Estimator For Arab, AL

There are currently 6,764 real estate properties in Arab, AL, with a median automated valuation model (AVM) price of $222,479.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Arab, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Arab, AL, is $264,198.00, with the most expensive house in Arab, AL, topping out at $6,505,863.00 and the cheapest home in Arab, AL, clocking in at $10,039.00. In other words, there’s something for every potential homebuyer or savvy investor in Arab, AL!

Rent Prices In Arab, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Arab, AL, is on a rollercoaster ride. The average rent price in Arab, AL, is $1,190.00. Indeed, when looking to rent in Arab, AL, you can expect to pay as little as $560.00 or as much as $2,300.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Arab, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Arab, AL Foreclosures


Market Trend for Arab, AL

Total Listings Available: 42

Market Values:

Home Prices from $10,039 to $6,505,863

Average Sales Price: $264,198

Rental Values:

Rental from $560 to $2,300

Average Rent Value: $1,190 / month

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