Arab, AL

Leaning buyer's-5.6% YoY

Housing market overview · Updated weekly

$236,000median sale price

Homes sold

12

Last 12 weeks

Days on market

85

Average pace

Active listings

60

5.0 months supply

Sale-to-list

96.3%

Below asking

The Arab housing market is currently classified as a leaning buyer's with a median sale price of $236,000. Prices have fallen 5.6% compared to last year, with homes spending an average of 85 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Arab

There are currently 60 homes listed for sale in Arab, Alabama. The median listing price is $302K.

Active listings

60

Homes on market

Median list price

$302K

Avg. days on market

85

Days until sale

New this week

11

Newly listed

Price drops:28.3%of listings
Sale-to-list:96.3%

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Frequently asked questions

What is the average home price in Arab?

The median home sale price in Arab is $236,000, down 5.6% from last year.

How long do homes stay on market in Arab?

Homes typically spend 85 days on market before going under contract.

Is Arab a buyer's or seller's market?

With 5.0 months of supply, Arab is currently a leaning buyer's.

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