Eight Mile, AL Real Estate & Property Data

Eight Mile Real Estate Market Trends
Last Updated: March 18, 2024

To gain a better understanding of the real estate market in Eight Mile, AL, it is essential to have accurate and comprehensive real estate data. ATTOM provides up-to-date real estate data for Eight Mile, which is refreshed on a daily basis. Based on the latest market trends, a total of 110 residential properties have been sold in Eight Mile, AL over the past year, with a median home price of $185,000 and 2 foreclosure filings. Additionally, the 2022 effective property tax rate in Eight Mile is 0.46%. To find more detailed property data for Eight Mile, Alabama, look no further than ATTOM.

Eight Mile Real Estate Market Trends
Total Residential Properties 4,414
Total Commercial Properties 230
Avg. Home Age (Single Family Home) 37 Years
Avg. Square Feet (Single Family Home) 1,803
Total 2024 Residential Sales (year-to-date) 8
% of Homes Seriously Underwater (Q1 2024) 1.36%
Total 2023 Residential Sales 102
% of Equity Rich Homes (Q1 2024) 26.81%
Effective 2023 Property Tax 0.46%
Total Foreclosure Filings (year-to-date) 2
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Eight Mile, AL Real Estate Overview

A total of 110 residential properties have been sold in Eight Mile, AL over the past year, with a median home price of $140,408. There are currently 4,414 residential properties in Eight Mile, AL, which can be further analyzed by looking at the 1 zip codes and 313 streets encompassing the city.

Median Sales Price i
$185,000
(Jan 2024)
+17.6%
year-over-year
y-o-y
  • January '24 Jan '24 $185,000
  • December '23 Dec '23 $176,000
  • November '23 Nov '23 $177,000
  • October '23 Oct '23 $160,000
  • September '23 Sep '23 $196,500
  • August '23 Aug '23 $127,500
  • July '23 Jul '23 $165,000
  • June '23 Jun '23 $50,000
  • May '23 May '23 $179,000
  • April '23 Apr '23 $210,000
  • March '23 Mar '23 $337,500
  • February '23 Feb '23 $164,339
Median Down Payment i
$50,000
(Jan 2024)
+681.9%
year-over-year
y-o-y
  • January '24 Jan '24 $50,000
  • December '23 Dec '23 $6,568
  • November '23 Nov '23 $4,366
  • October '23 Oct '23 $8,000
  • September '23 Sep '23 $6,702
  • August '23 Aug '23 $9,250
  • July '23 Jul '23 $27,792
  • June '23 Jun '23 $9,775
  • May '23 May '23 $3,243
  • April '23 Apr '23 $3,147
  • March '23 Mar '23 $190,000
  • February '23 Feb '23 $8,684
Number of Homes Sold i
8
(Jan 2024)
year-over-year
y-o-y
  • January '24 Jan '24 8
  • December '23 Dec '23 4
  • November '23 Nov '23 9
  • October '23 Oct '23 8
  • September '23 Sep '23 9
  • August '23 Aug '23 8
  • July '23 Jul '23 12
  • June '23 Jun '23 9
  • May '23 May '23 9
  • April '23 Apr '23 4
  • March '23 Mar '23 14
  • February '23 Feb '23 8
Number of Purchase Loans i
9
(Jan 2024)
+125%
year-over-year
y-o-y
  • January '24 Jan '24 9
  • December '23 Dec '23 3
  • November '23 Nov '23 5
  • October '23 Oct '23 1
  • September '23 Sep '23 9
  • August '23 Aug '23 11
  • July '23 Jul '23 8
  • June '23 Jun '23 9
  • May '23 May '23 8
  • April '23 Apr '23 6
  • March '23 Mar '23 5
  • February '23 Feb '23 3
Number of REFI Loans i
7
(Jan 2024)
-30%
year-over-year
y-o-y
  • January '24 Jan '24 7
  • December '23 Dec '23 7
  • November '23 Nov '23 7
  • October '23 Oct '23 6
  • September '23 Sep '23 2
  • August '23 Aug '23 7
  • July '23 Jul '23 5
  • June '23 Jun '23 6
  • May '23 May '23 8
  • April '23 Apr '23 4
  • March '23 Mar '23 4
  • February '23 Feb '23 5
Number of HELOC Loans i
1
(Jan 2024)
-66.7%
year-over-year
y-o-y
  • January '24 Jan '24 1
  • December '23 Dec '23 5
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 4
  • August '23 Aug '23 1
  • July '23 Jul '23 3
  • June '23 Jun '23 3
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 1
  • February '23 Feb '23 3

Eight Mile, AL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Eight Mile, AL Foreclosure Activity

There were a total of 2 Eight Mile, AL properties with a foreclosure filing in January 2024.

Total Foreclosure Filings i
2
(Jan 2024)
year-over-year
y-o-y
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 3
  • June '23 Jun '23 6
  • May '23 May '23 4
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
  • February '23 Feb '23 1
Foreclosure Starts i
2
(Jan 2024)
year-over-year
y-o-y
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 3
  • June '23 Jun '23 6
  • May '23 May '23 4
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
  • February '23 Feb '23 1
Completed Foreclosures (REOs) i
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 N/A
  • October '23 Oct '23 3
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
  • February '23 Feb '23 1
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