Arab, AL 35016 Real Estate & Property Data

Arab, AL 35016 Real Estate Market Trends
Last Updated: April 16, 2024

A total of 318 residential properties have been sold over the past 12 months in 35016. With a median sales price of $215,000 in 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 6,474
Total Commercial Properties 556
Avg. Home Age (Single Family Home) 44 Years
Avg. Square Feet (Single Family Home) 1,818
Total 2024 Residential Sales (year-to-date) 43
% of Homes Seriously Underwater (Q2 2024) 0.78%
Total 2023 Residential Sales 291
% of Equity Rich Homes (Q2 2024) 23.47%
Effective 2023 Property Tax 0.31%
Total Foreclosure Filings (year-to-date) 1
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Arab, AL 35016 Real Estate Overview

There were 318 residential properties sold in the past year in Arab, AL 35016. The median home value in Arab, AL 35016 is $226,846. There are a total of 6,474 residential properties in the 35016.

Median Sales Price i
$215,000
(Feb 2024)
-4.4%
year-over-year
y-o-y
  • February '24 Feb '24 $215,000
  • January '24 Jan '24 $234,450
  • December '23 Dec '23 $222,500
  • November '23 Nov '23 $209,000
  • October '23 Oct '23 $233,500
  • 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
Median Down Payment i
$10,712
(Feb 2024)
-28.6%
year-over-year
y-o-y
  • February '24 Feb '24 $10,712
  • January '24 Jan '24 $36,771
  • December '23 Dec '23 $16,225
  • November '23 Nov '23 $10,000
  • October '23 Oct '23 $21,050
  • 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
Number of Homes Sold i
22
(Feb 2024)
+15.8%
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 21
  • December '23 Dec '23 15
  • November '23 Nov '23 20
  • October '23 Oct '23 20
  • 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
Number of Purchase Loans i
9
(Feb 2024)
-25%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 10
  • December '23 Dec '23 10
  • November '23 Nov '23 17
  • October '23 Oct '23 17
  • 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
Number of REFI Loans i
12
(Feb 2024)
+300%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 4
  • December '23 Dec '23 1
  • November '23 Nov '23 7
  • October '23 Oct '23 7
  • September '23 Sep '23 10
  • August '23 Aug '23 11
  • 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
Number of HELOC Loans i
5
(Feb 2024)
-28.6%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 5
  • December '23 Dec '23 2
  • November '23 Nov '23 5
  • 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

Arab, AL 35016 Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • 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
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • 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
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • 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
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