Is Arab, AL 35016 a buyer’s or seller’s market?
Arab is a seller’s market. With about 3.5 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 14% of U.S. ZIP codes, and #189 of 249 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Arab housing market right now
In the three months ending August 31, 2026, 9% of homes in Arab, AL 35016 sold above their list price, the typical home went under contract in 72 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 82 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (55 days then) and the median sale price fell 9% to $246,893. Overall, Arab is less competitive than a year ago, which gives buyers more room.
Within Marshall County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Arab ranks #189 of 249 AL ZIP codes with enough sales (score 20 out of 100).
Nearby, buyers who want less competition could look at Horton 35980 (0% sold over asking), while Union Grove 35175 (17% sold over asking) and Albertville 35950 (13% sold over asking) are even more competitive.
Run the numbers for 35016
Nearby markets
Albertville 35950Seller’s market $162 /sq ftAlbertville 35951Balanced $166 /sq ftBoaz 35957Seller’s market $143 /sq ftGrant 35747Balanced $187 /sq ft Browse all markets →Towns like Arab nearby
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Questions about Arab real estate
Is Arab a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Arab, AL 35016 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Arab?
The typical home went under contract in 72 days in the latest three months.
Do homes in Arab sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.
What are property taxes in Arab?
About 0.36% of a home’s value a year in Marshall County, or roughly $1,440 on a $400,000 home.
What is the median home price in Arab?
The median sale price was $246,893 in the three months ending August 31, 2026, about $150 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology