Arab, AL


Highest Appreciating Arab Neighborhoods Since 2000

Arab, AL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Arab Housing Market Information

With a population of 8,268, 3,296 total housing units (homes and apartments), and a median house value of $147,027, Arab real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Arab, accounting for 79.32% of the city's housing units. Other types of housing that are prevalent in Arab include large apartment complexes or high rise apartments ( 9.83%), duplexes, homes converted to apartments or other small apartment buildings ( 8.20%), and a few mobile homes or trailers ( 1.84%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Arab. Owner-occupied housing accounts for 65.24% of Arab's homes, and 66.66% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Arab built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Arab built between 1940-1969 ( 31.14%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.14%). There's also some housing in Arab built before 1939 ( 3.08%).

Arab Home Appreciation Rates

Appreciation rates for homes in Arab have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.54%, which ranks in the top 50% nationwide. This equates to an annual average Arab house appreciation rate of 0.54%.

Over the last year, Arab appreciation rates have trailed the rest of the nation. In the last twelve months, Arab's appreciation rate has been 3.76%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arab were at 2.19%, which equates to an annual appreciation rate of 9.03%.

Importantly, this makes Arab one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Alabama, our data show that Arab's latest annual appreciation rate is higher than 70% of the other cities and towns in Alabama.

Average Home Values


Median Home Value:


Value Range
> $1,071,000 0.1
$803,001 - $1,071,000 0.1
$536,001 - $803,000 1.3
$428,001 - $536,000 1.5
$322,001 - $428,000 5.5
$214,001 - $322,000 15.8
$107,001 - $214,000 42.5
$54,001 - $107,000 23.6
$0 - $54,000 9.6

Very High for AL
Average for Nation

Value Relative to Nation Value Relative to State
53.7794952866093 19.5

Number Of Homes And Apartments:

Arab Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2017 Q2 - 2017 Q3
Last 12 Months:
2016 Q3 - 2017 Q3
Last 2 Years:
2015 Q3 - 2017 Q3
Last 5 Years:
2012 Q3 - 2017 Q3
Last 10 Years:
2007 Q3 - 2017 Q3
Since 2000:
2000 Q1 - 2017 Q3
33.95% 1.66% 6 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$823 / per month

Homeownership Rate

Owners 65.24
Renters 34.76
Vacant 9.25

Housing Market Details


Age of Homes

2000 or Newer 12.1
1970 - 1999 53.6
1940 - 1969 31.1
1939 or Older 3.1

Types of Homes

Single-Family 79.3
Townhomes 0.8
Small Apt. Buildings 8.2
Apt. Complexes 9.8
Mobile Homes 1.8
Other 0.0

Home Size

No Bedroom 1.21
1 Bedroom 5.04
2 Bedrooms 24.06
3 Bedrooms 51.68
4 Bedrooms 14.98
5 or more bedrooms 3.03