Foreclosure Homes in Arab, AL

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View this home at Cullman Rd Arab AL 35016
$107,129 EMV

| 1,476 Sq. Ft.

View this home at Parkwood Ln Arab AL 35016
$274,725 EMV
View this home at 1st Pl Se Arab AL 35016

| 1,232 Sq. Ft.

View this home at 4th St Nw Arab AL 35016
$141,330 EMV
View this home at 14th Pl Se Arab AL 35016
$173,400 EMV

| 1,825 Sq. Ft.

View this home at Mobbs School Rd Arab AL 35016
View this home at Saylor Cir Arab AL 35016
$139,100 EMV

| 1,418 Sq. Ft.

View this home at Larkspur Dr Arab AL 35016
$200,458 EMV

| 2,136 Sq. Ft.

View this home at Hulaco Rd Arab AL 35016
$131,182 EMV

| 1,075 Sq. Ft.

View this home at 7th St Ne Arab AL 35016
$256,708 EMV

| 2,524 Sq. Ft.

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Arab, AL Foreclosures

How much do homes sell for in Arab, AL?
The average home price is currently $258,245.
In Arab, AL, how many homes are available?
There are currently 5,417 active home listings available in Arab.
What’s the average rental cost in Arab, AL?
The average rental price in Arab is $1,193.
What is the most expensive home in Arab, Alabama?
The most expensive home sold in Arab had a price of $3,905,552.
What is currently the cheapest priced home in Arab, AL?
The cheapest home for sale in Arab is priced at $13,605.

Home Value Estimator For Arab, AL

There are currently 5,417 real estate properties in Arab, AL, with a median automated valuation model (AVM) price of $216,704.00. 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 $258,245.00, with the most expensive house in Arab, AL, topping out at $3,905,552.00 and the cheapest home in Arab, AL, clocking in at $13,605.00. 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 $1,193.00. 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.

Top Reasons To Live In Arab, AL In 2024

Arab is located in Marshall, Alabama, with an estimated municipal population of 8,383 residents. All of the best foreclosed homes for sale in Arab are located in the following zip code areas on 35016. The estimated population per square kilometer (.62 miles) in Arab is 242.

Cost Of Living In Arab, AL

So, about how much do homes cost in Arab? The most recent median value of resident-owned homes in Arab is 148,829. An estimated 66.8 percent of households in Arab own their homes, with an average family size of 3.26. The median household income in Arab is 46,517, with19 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Arab, the median commute time of resident workers (in minutes) is 26.5. And last, but certainly not least, are you looking for homes to rent in Arab? If so, the average rent price paid by renters in Arab is 572, according to recent statistics.

Diversity And Demographics In Arab, Alabama

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Arab, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Arab is 42.3, split between 47.7 percent male versus 52.3 female. The percentage of residents who report being married in Arab is 50.1, with an average family size of 3.26.

The percentage of residents who report their race in Arab is as follows:

White 94.9%
Black / African American 0.8%
Asian 1.6%
American Indian / Alaskan Native 0.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.9%
Other 0%

Looking for family-friendly neighborhoods in and/or near Arab? Or maybe you are searching for 55+ active adult communities in and/or near Arab?

The percentage of residents who report their age in Arab is as follows:

Under 10 11.8%
Aged 10-19 14%
20s 11%
30s 10.4%
40s 13%
50s 13.9%
60s 11.9%
70s 8.7%
80+ 5.4%

Best Schools In Arab, Alabama

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Arab with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Arab.

Pros And Cons Of Living In Arab, Alabama

How do you know that living in -- or moving to -- Arab is right where you need to be? Perhaps you grew up in Arab or already live nearby; therefore, the decision to buy a home in Arab is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Arab for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Arab:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Arab.

Reasons To Move To Arab, Alabama, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Arab can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Arab, meanwhile, can field multiple offers from more qualified buyers.

Arab, AL Foreclosures


Listing types in Arab, AL

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