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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 $253,433.
In Arab, AL, how many homes are available?
There are currently 39 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 $3,500,700.
What is currently the cheapest priced home in Arab, AL?
The cheapest home for sale in Arab is priced at $11,430.

Living in Arab, AL

Arab, AL is a quaint town known for its welcoming community and historic charm. It features a variety of local amenities, parks, and excellent schools, making it an ideal location for families looking for a peaceful yet engaged lifestyle.

Current Market Conditions in Arab, AL

The Arab real estate market is currently experiencing a steady increase in demand, driven by families seeking affordable housing and the town's friendly community. The market shows signs of growth, with an influx of new residents drawn by the area's low cost of living and quality schools.

Overall, Arab's housing market remains competitive, with an array of options ranging from affordable single-family homes to larger properties. The town's appeal continues to attract buyers, suggesting a positive trend in property values.

Home Value Estimator For Arab, AL

There are currently 5,463 real estate properties in Arab, AL, with a median automated valuation model (AVM) price of $219,313.00. 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 $253,433.00, with the most expensive house in Arab, AL, topping out at $3,500,700.00 and the cheapest home in Arab, AL, clocking in at $11,430.00. 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: 39

Market Values:

Home Prices from $11,430 to $3,500,700

Average Sales Price: $253,433

Rental Values:

Rental from $560 to $2,300

Average Rent Value: $1,190 / month

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