Home prices
Arab's median home price is $148,400. It is approximately $7,800 (5%) higher in comparison to its nearby areas.Compared to the rest of the nation it is approximately $69,100 (31%) lower, and is roughly $57,300 (62%) higher in comparison to the city of Birmingham.
Rents
In Arab the median rent is $572 a month. It is roughly $92 (13%) lower compared to nearby areas.It is about $490 (46%) lower in comparison to the US as a whole, and is about $265 (31%) lower in comparison to the city of Birmingham.
Nearby places
Joppa
Joppa is approximately 3 miles southwest from Arab. Its housing prices are substantially less expensive. The median home in Joppa costs $105,600, which is $42,800 (40%) lower than Arab. Rents there are a bit more expensive. In Joppa the median rent is $693 per month, which works out to $121 (17%) higher than Arab.
Baileyton
Baileyton is about 7 miles southwest of Arab. Housing prices there are somewhat less expensive. Baileyton's median home cost is $112,500, which is $35,900 (31%) lower than Arab. Rent there is significantly more expensive. Baileyton's median monthly rent is $904, which comes out to $332 (36%) higher than Arab.
Fairview
Fairview is roughly 11 miles southwest from Arab. Its real estate prices are a bit more expensive. The median home price in Fairview is $161,500, which works out to $13,100 (8%) higher than Arab. Rent there is pretty similar. Fairview's median rent is $585 per month, which comes out to $13 (2%) higher than Arab.
Guntersville
Guntersville is approximately 12 miles east of Arab. The housing prices there are somewhat more expensive. The median home in Guntersville is valued at $191,700, which works out to $43,300 (22%) higher than Arab. Rents there are a bit more expensive. The median monthly rent in Guntersville is $617, which is $45 (7%) higher than Arab.
Holly Pond
Holly Pond is roughly 13 miles southwest of Arab. Its real estate prices are a bit less expensive. The median home in Holly Pond costs $131,700, which comes out to $16,700 (12%) lower than Arab. Its rents are a little less expensive. In Holly Pond the median monthly rent is $520, which comes out to $52 (10%) lower than Arab.
