Housing Prices in Eight Mile, AL
How much do homes in Eight Mile, AL cost?
Median List Price
$159,900
$108/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Eight Mile was $159,900 in May 2024, down 20.5% from the previous year, and the median price per square foot was $108.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $29K | $80K | +175.9% |
3 Bedrooms | $201.2K | $142K | -29.4% |
4 Bedrooms | $391.5K | $185.1K | -52.7% |
5+ Bedrooms | $365K | $365K | 0.0% |
Summary: Eight Mile housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 175.9%, 3 bedroom homes decreased by 29.4%, 4 bedroom homes decreased by 52.7%, and 5+ bedroom homes did not change.
Housing Supply in Eight Mile, AL
How many homes are available in Eight Mile, AL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 16 | +77.8% |
Summary: The Eight Mile real estate market had 16 homes for sale in May 2024, a 77.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Eight Mile housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Days on Market for Eight Mile, AL
How long does it take to sell a home in Eight Mile, AL?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
90 Days | 95 Days | +5.2% |
Summary: Homes in Eight Mile had an average listing age of 95 days in May 2024, up by 5.2% compared to the previous year.