How much do homes in Eight Mile, AL cost?

Median List Price

$140,000

$97/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2021

-$37,450(-21.1%)

Key Takeaway

The list price of homes in Eight Mile has decreased by 21.1% since last year.

Median List Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $136.8K$127K
-7.1%
3 $175K$139.9K
-20.0%
4 $179.9K$229.2K
+27.4%
5+ $239.9K$219.9K
-8.3%

Median List Price Compared To Nearby Cities

Prichard
+86.2%
Semmes
+28.9%
Chickasaw
+13.2%
Saraland
+11.7%
Eight Mile
-21.1%

How many homes are available in Eight Mile, AL?

Number of Homes For Sale

Sep 2022Oct 2022%
1116+45.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 12
+100.0%
3 59
+80.0%
4 55
0.0%
5+ 00
0.0%

Average Listing Age

Oct 2021Oct 2022%
75 Days71 Days-5.1%

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Eight Mile, AL

There are 16 homes are for sale in Eight Mile, AL real estate market. The inventory of homes for sale in Eight Mile, AL between September 2022 and October 2022 increased by 45.5%. In October 2022, listings were on the market for 71 days. During the same period, the median list price in this real estate market was $140,000. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went down by 7.1%, prices of 3 bedrooms properties decreased by 20%, prices of 4 bedrooms properties went up by 27.4%, prices of 5 bedrooms properties went down by 8.3%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes became 100% more available, 3 bedrooms homes inventory increased by 80%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory did not change.

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