Market Overview
Home Prices in Arab, AL
The median home value in Arab, AL is $249,888 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Arab are priced39% below average. Arab is part of the Albertville, AL metro area.
Over the past five years, Arab home values have risen by approximately27.4%, reflecting strong long-term appreciation in this market.
Price History
Arab Home Price Trend
City Comparison
Arab vs. National Median
At $249,888, homes in Arab cost 39% below the national median of $410,000. This makes Arab a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Arab?
20% Down Payment
$49,978
on $249,888
Monthly P&I
$1,303/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,655/mo
incl. taxes & insurance
Income Needed
$66,200
gross annual (30% rule)
10% Down Option
$24,989
+ PMI applies
Loan Amount (20% dn)
$199,910
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Arab, AL?
The median home value in Arab is $249,888 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Arab?
Over the past year, home values in Arab have increased by 2.1%. Over five years, prices have risen approximately 27.4%.
How much do I need to earn to buy a home in Arab?
To comfortably afford the median home price of $249,888 with a 20% down payment ($49,978) at today's rates (6.8%), you'd need a gross annual income of approximately $66,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Arab compare to the national average home price?
The national median home value is approximately $410,000. At $249,888, homes in Arab are 39% below the national average.
What metro area is Arab part of?
Arab is part of the Albertville, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.