Arab, AL Real Estate
According to census data in the year 2000 there were 3,216 housing units in Arab.
This represents a 17.2% growth from 2,745 in 1990.
Of those housing units, 2,722 were located in either urbanized areas or urban clusters, and 494 were located in what is classified as a rural area.
Homeownership rate in Arab is about 67.9%.
Arab's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Arab were built after 1975.
|Housing Units by Size|
|Five Bedrooms or more||3.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.52|
|Median year structure was built||1974|
|Median Value of occupied units||$91,800|
|Median Price asked for vacant units||$88,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.94|
|Median year structure was built||1977|
|Median Monthly Rent asked for vacant units||$232|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.1%|