Eight Mile, AL Home Values & Market Trends

Real estate market trends reflect that there have been 128 transactions over the past year in Eight Mile. The median value for residential home transactions that occurred over the previous year is $131,954.98. The number of current listings in Eight Mile is 4, and the percentage of properties for sale in the city is 4.00%. Eight Mile, AL currently has 3 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 4 properties for sale.

Eight Mile, AL Real Estate Market Overview

ZipMedian Est. Value
36613

$ 170,980

$ 99/sqft

Housing Market Summary for Eight Mile, AL

Apr 2023March 2024Change
Median Listing Price$107.5K$150.4K39.98%
Median Sold Price$153.4K$150.4K-1.92%
Homes For Sale147-50.00%
Homes Sold8163-22.22%
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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%.

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Browse Homes in Eight Mile, AL

Eight Mile home values range from $17,782 to $935,279. The median estimated value of a home in Eight Mile is $131,954.98. The median list price of a home is 222,450, and the total count of properties in the city is 4,270.

Foreclosure
There is 1 zips within Eight Mile, AL; within this zips, the median estimated home value for homes in foreclosure ranges from $355,766 in 36613 to the lowest value of $76,117 in 36613. Foreclosure homes account for 0.00% of properties in Eight Mile, AL with 36613 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The median estimated home value of bank owned homes (REO properties) in Eight Mile, AL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Eight Mile, AL. There is 1 zips within Eight Mile, AL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    36613 has 3 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 0.07% 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 $355,766 in 36613 to the lowest value of $76,117 in 36613.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.09% of residential properties in Eight Mile, AL with 36613 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Eight Mile, AL; homes for sale in that zips, have a range of median values from $317,335 in 36613 to the lowest value of $117,015 in 36613.
    Sold Homes
    The median value for recently sold homes ranges from $272,532 in 36613 to the lowest price of $23,487 in 36613. There is 1 zips within Eight Mile, AL. 36613 has 62 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.43% of properties in Eight Mile, AL.

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      Guide for Eight Mile, AL

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      Market Reports|posted 17 April 2024

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      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

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      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Recently Listed Homes Eight Mile, AL

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