Arab, AL—35016
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Arab, AL
As of Oct '25, the median home price in Arab, AL is $235,000, with a year-over-year change of -0.7%. This indicates that home prices in Arab, AL are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $235,000 | -0.7% |
| Single Family | $235,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $157,000 | 0.0% |
3 Bed | $242,000 | 1.3% |
4 Bed | $352,000 | 1.7% |
| 5 Bed | $432,000 | 0.9% |
% of Housing Stock
Rental Trends — Arab, AL
As of July '25, Rentcast reports the average rent in Arab, AL is $1,170, with a year-over-year rent change of -8.6%. Per bedroom, the median rent as of July '25 in Arab, AL is 1-bedrooms: $625, 2-bedrooms: $1,080, 3-bedrooms: $1,420. The most common rental property sizes in Arab, AL are 3-bedroom and 2-bedroom, accounting for 41.9% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,170 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $525 | $625 |
| 2 Bed Rent | $1,100 | $1,080 |
| 3 Bed Rent | $1,400 | $1,420 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Arab, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Arab, AL is 80. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $295,000 | 0.0% |
Listing Count | 116 | 13.0% |
| Listings as % of Homes | 0.7% | 13.0% |
Days on Market | 80 | 28.0% |
Demographics — Arab, AL
As of the latest ACS Survey released in 2023, Arab, AL has a population of 17,400, which has increased by 8.2% over the past 5 years. Arab, AL is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 22.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,400 | 8.2% |
% Under 18 | 24.8% | 15.3% |
% Seniors | 20.3% | -1.9% |
% WFH | 7.4% | 89.7% |
% w/ College Degree | 22.0% | 0.9% |
As of the latest ACS Survey released in 2023, Arab, AL is a predominantly white area, with 89.2% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Arab, AL is hispanic, making up 5.2% of the population. Foreign-born residents account for 2.0% of the population in Arab, AL, and this percentage has increased by 33.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.2% | -6.4% |
% Black | 0.7% | 75.0% |
% Hispanic | 5.2% | 205.9% |
% Asian | 1.5% | 25.0% |
% Foreign Born | 2.0% | 33.3% |
Mortgage and Risk — Arab, AL
According to HUD data as of 2023, there were 479 mortgage originations in Arab, AL, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Arab, AL. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 479 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Arab, AL
Arab, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 263 |
Total Units Section 8 | 158 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 88.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $475 | $525 | $1,000 |
| 2 Bedroom | $30 | $1,100 | $1,130 |
| 3 Bedroom | $20 | $1,400 | $1,420 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Arab, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $235,000 |
| Median Household Income | $60,900 |