Eight Mile, AL Home Values & Market Trends
Real estate market trends reflect that there have been 159 transactions over the past year in Eight Mile. The median value for residential home transactions that occurred over the previous year is $160,186.36. The number of current listings in Eight Mile is 14, and the percentage of properties for sale in the city is 56.00%. Eight Mile, AL currently has 11 properties in foreclosure, 5 bank owned properties, 6 properties headed for auction, and 14 properties for sale.
Housing Market Summary for Eight Mile, AL
| Apr 2022 | April 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $164.9K | $153.4K | -7.03% |
| Median Sold Price | $120K | $153.4K | 27.79% |
| Homes For Sale | 6 | 14 | 133.33% |
| Homes Sold | 86 | 81 | -5.81% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Eight Mile, AL
Browse Homes in Eight Mile, AL
Eight Mile home values range from $19,136 to $756,470. The median estimated value of a home in Eight Mile is $160,186.36. The median list price of a home is 107,450, and the total count of properties in the city is 4,245.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Eight Mile, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Eight Mile, AL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Eight Mile, AL ranges from the highest value of $261,308 in 36613 to the lowest value of $93,011 in 36613. Bank owned homes and properties account for 0.12% of properties in Eight Mile, AL. There is 1 zips within Eight Mile, AL; 36613 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions36613 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Eight Mile, AL. Auction homes and other auction properties account for 0.14% of all properties in Eight Mile, AL. There is 1 zips within Eight Mile, AL; of that zips, the median estimated home value for homes going to auction ranges from $344,807 in 36613 to the lowest value of $126,269 in $36613.
