Eight Mile, AL Home Values & Market Trends

Real estate market trends reflect that there have been 141 transactions over the past year in Eight Mile. The median value for residential home transactions that occurred over the previous year is $155,481.8. The number of current listings in Eight Mile is 8, and the percentage of properties for sale in the city is 8.00%. Eight Mile, AL currently has 9 properties in foreclosure, 2 bank owned properties, 7 properties headed for auction, and 8 properties for sale.

Eight Mile, AL Real Estate Market Overview

ZipMedian Est. Value
36613

$ 276,166

$ 94/sqft

Housing Market Summary for Eight Mile, AL

Jun 2023May 2024Change
Median Listing Price$99,900$210.2K110.45%
Median Sold Price$152.9K$136.5K-10.74%
Homes For Sale147-50.00%
Homes Sold7771-7.79%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Eight Mile, AL

Eight Mile home values range from $22,524 to $1,225,901. The median estimated value of a home in Eight Mile is $155,481.8. The median list price of a home is 172,450, and the total count of properties in the city is 4,292.

Foreclosure
There is 1 zips within Eight Mile, AL; within this zips, the median estimated home value for homes in foreclosure ranges from $305,093 in 36613 to the lowest value of $90,212 in 36613. Foreclosure homes account for 0.00% of properties in Eight Mile, AL with 36613 containing 9 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 $305,093 in 36613 to the lowest value of $148,678 in 36613. Bank owned homes and properties account for 0.05% of properties in Eight Mile, AL. There is 1 zips within Eight Mile, AL; 36613 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    36613 has 7 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 0.16% 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 $168,547 in 36613 to the lowest value of $90,212 in 36613.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.19% of residential properties in Eight Mile, AL with 36613 containing 8 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 $342,810 in 36613 to the lowest value of $48,825 in 36613.
    Sold Homes
    The median value for recently sold homes ranges from $467,064 in 36613 to the lowest price of $23,312 in 36613. There is 1 zips within Eight Mile, AL. 36613 has 80 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.86% of properties in Eight Mile, AL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Eight Mile, AL
      $
      $

      Guide for Eight Mile, AL

      Alabama
      Mobile Property Values Climb Amidst Market Volatility in May 2024
      Alabama
      Montgomery Real Estate Ascends: Average Property Values Climb 4% from June 2023 to May 2024
      Kentucky
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Kentucky
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      See More Articles
      Mobile Property Values Climb Amidst Market Volatility in May 2024
      Alabama|posted 14 June 2024

      Mobile, AL real estate experienced rising property values, fluctuating sale prices, and increased per square foot value from June 2023 to May 2024.

      Montgomery Real Estate Ascends: Average Property Values Climb 4% from June 2023 to May 2024
      Alabama|posted 13 June 2024

      Montgomery, AL real estate saw a 4% growth in average property value from June 2023 to May 2024, raising from $181k to $188.5k.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Kentucky|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

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

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Recently Listed Homes Eight Mile, AL

      No data to show