Eight Mile, AL Home Values & Market Trends

Real estate market trends reflect that there have been 144 transactions over the past year in Eight Mile. The median value for residential home transactions that occurred over the previous year is $190,000. The number of current listings in Eight Mile is 13, and the percentage of properties for sale in the city is 13.00%. Eight Mile, AL currently has 8 properties in foreclosure, 1 bank owned properties, 7 properties headed for auction, and 13 properties for sale.

Eight Mile, AL Real Estate Market Overview

ZipMedian Est. Value
36613

$ 197,678

$ 116/sqft

Housing Market Summary for Eight Mile, AL

May 2024April 2025Change
Median Listing Price$210.2K$242.4K15.32%
Median Sold Price$136.5K$120K-12.05%
Homes For Sale714100.00%
Homes Sold71755.63%
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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 $20,851 to $618,875. The median estimated value of a home in Eight Mile is $190,000. The median list price of a home is 223,000, and the total count of properties in the city is 101.

Foreclosure
There is 1 zips within Eight Mile, AL; within this zips, the median estimated home value for homes in foreclosure ranges from $254,302 in 36613 to the lowest value of $124,033 in 36613. Foreclosure homes account for 7.00% of properties in Eight Mile, AL with 36613 containing 8 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 $124,033 in 36613 to the lowest value of $124,033 in 36613. Bank owned homes and properties account for 0.99% of properties in Eight Mile, AL. There is 1 zips within Eight Mile, AL; 36613 containing 1 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 6.93% 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 $254,302 in 36613 to the lowest value of $147,960 in 36613.
Homes for Sale
Homes and properties that are actively listed for sale account for 12.87% of residential properties in Eight Mile, AL with 36613 containing 14 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 $549,901 in 36613 to the lowest value of $25,620 in 36613.
    Sold Homes
    The median value for recently sold homes ranges from $618,875 in 36613 to the lowest price of $20,851 in 36613. There is 1 zips within Eight Mile, AL. 36613 has 72 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 71.29% of properties in Eight Mile, AL.

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      Guide for Eight Mile, AL

      Alabama
      Alabama Pre-Foreclosures Drop 55%, But Struggles Linger
      alabama blog hero image
      Alabama
      Alabama Pre-Foreclosures Drop 15.9%—Crisis Still Looms
      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
      See More Articles
      Alabama Pre-Foreclosures Drop 55%, But Struggles Linger
      Alabama|posted 23 April 2025
      alabama blog hero image
      Alabama Pre-Foreclosures Drop 15.9%—Crisis Still Looms
      Alabama|posted 12 March 2025
      Mobile Property Values Climb Amidst Market Volatility in May 2024
      Alabama|posted 14 June 2024
      Montgomery Real Estate Ascends: Average Property Values Climb 4% from June 2023 to May 2024
      Alabama|posted 13 June 2024

      Recently Listed Homes Eight Mile, AL

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