Arab, AL 35016 Real Estate & Property Data

Arab, AL 35016 Real Estate Market Trends
Last Updated: March 19, 2024

A total of 279 residential properties have been sold over the past 12 months in 35016. With a median sales price of $239,900 in 35016 and a total of 1 foreclosures in Arab, AL 35016. Discover market trends and get the granular level real estate data for Arab, AL 35016 to keep your pulse on the housing market. Curate compelling home reports for Arab, AL 35016 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Arab, AL 35016 Real Estate Market Trends
Total Residential Properties 6,473
Total Commercial Properties 555
Avg. Home Age (Single Family Home) 44 Years
Avg. Square Feet (Single Family Home) 1,817
Total 2024 Residential Sales (year-to-date) 8
% of Homes Seriously Underwater (Q1 2024) 0.85%
Total 2023 Residential Sales 271
% of Equity Rich Homes (Q1 2024) 22.29%
Effective 2023 Property Tax 0.32%
Total Foreclosure Filings (year-to-date) 1
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Arab, AL 35016 Real Estate Overview

There were 279 residential properties sold in the past year in Arab, AL 35016. The median home value in Arab, AL 35016 is $221,938. There are a total of 6,473 residential properties in the 35016.

Median Sales Price i
$239,900
(Jan 2024)
+4.1%
year-over-year
y-o-y
  • January '24 Jan '24 $239,900
  • December '23 Dec '23 $209,000
  • November '23 Nov '23 $209,000
  • October '23 Oct '23 $350,000
  • September '23 Sep '23 $205,000
  • August '23 Aug '23 $208,000
  • July '23 Jul '23 $215,000
  • June '23 Jun '23 $218,636
  • May '23 May '23 $226,500
  • April '23 Apr '23 $222,500
  • March '23 Mar '23 $235,000
  • February '23 Feb '23 $225,000
Median Down Payment i
$62,500
(Jan 2024)
+25%
year-over-year
y-o-y
  • January '24 Jan '24 $62,500
  • December '23 Dec '23 $12,500
  • November '23 Nov '23 $10,000
  • October '23 Oct '23 $125,000
  • September '23 Sep '23 $17,350
  • August '23 Aug '23 $15,000
  • July '23 Jul '23 $20,250
  • June '23 Jun '23 $8,676
  • May '23 May '23 $21,800
  • April '23 Apr '23 $46,500
  • March '23 Mar '23 $19,619
  • February '23 Feb '23 $15,000
Number of Homes Sold i
8
(Jan 2024)
-50%
year-over-year
y-o-y
  • January '24 Jan '24 8
  • December '23 Dec '23 6
  • November '23 Nov '23 19
  • October '23 Oct '23 10
  • September '23 Sep '23 24
  • August '23 Aug '23 34
  • July '23 Jul '23 30
  • June '23 Jun '23 27
  • May '23 May '23 26
  • April '23 Apr '23 33
  • March '23 Mar '23 27
  • February '23 Feb '23 19
Number of Purchase Loans i
5
(Jan 2024)
-37.5%
year-over-year
y-o-y
  • January '24 Jan '24 5
  • December '23 Dec '23 5
  • November '23 Nov '23 16
  • October '23 Oct '23 9
  • September '23 Sep '23 13
  • August '23 Aug '23 24
  • July '23 Jul '23 18
  • June '23 Jun '23 19
  • May '23 May '23 16
  • April '23 Apr '23 19
  • March '23 Mar '23 17
  • February '23 Feb '23 12
Number of REFI Loans i
4
(Jan 2024)
-20%
year-over-year
y-o-y
  • January '24 Jan '24 4
  • December '23 Dec '23 1
  • November '23 Nov '23 7
  • October '23 Oct '23 6
  • September '23 Sep '23 10
  • August '23 Aug '23 10
  • July '23 Jul '23 4
  • June '23 Jun '23 4
  • May '23 May '23 9
  • April '23 Apr '23 5
  • March '23 Mar '23 8
  • February '23 Feb '23 3
Number of HELOC Loans i
4
(Jan 2024)
-55.6%
year-over-year
y-o-y
  • January '24 Jan '24 4
  • December '23 Dec '23 2
  • November '23 Nov '23 4
  • October '23 Oct '23 4
  • September '23 Sep '23 4
  • August '23 Aug '23 7
  • July '23 Jul '23 4
  • June '23 Jun '23 4
  • May '23 May '23 8
  • April '23 Apr '23 6
  • March '23 Mar '23 8
  • February '23 Feb '23 7

Arab, AL 35016 Foreclosure Activity

There were a total of 1 Arab, AL 35016 properties with a foreclosure filing in January 2024.

Total Foreclosure Filings i
1
(Jan 2024)
-50%
year-over-year
y-o-y
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 4
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 2
  • March '23 Mar '23 1
  • February '23 Feb '23 N/A
Foreclosure Starts i
1
(Jan 2024)
-50%
year-over-year
y-o-y
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 4
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 2
  • March '23 Mar '23 1
  • February '23 Feb '23 N/A
Completed Foreclosures (REOs) i
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
  • February '23 Feb '23 N/A
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