Current Price

$164,582

1 Month Forecast

â–² $165,724

1-Year Forecast *

â–² $172,916

5-Year Forecast *

â–² $187,777

"Is it a good time to buy homes in Eight Mile?" "Does investing in real estate in Eight Mile (Alabama State, Mobile County) worth it?" According to our live Forecast System, buying a house in Eight Mile is a acceptable short-term (1-year) investment*. The Eight Mile average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Eight Mile" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Eight Mile in Alabama State, Mobile County. If you are looking for homes for sale with good flipping profit, Eight Mile can be a profitable property investment option. The median price of an average house in Eight Mile was 164,582 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Eight Mile" area is 187,777 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +14.09% meaning that investing 100000 USD today may yield a profit of 14,093 USD by 2031.

Current Median Listing Price: 164,582 USD Median Listing Price Per Square Foot: 91 USD

Eight Mile Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Eight Mile (Alabama State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Eight Mile Price Target

Eight Mile median home price target in 12 months: $172,916* (upside of 5.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $164,540 $165,085 $164,540 $166,168
2024 $165,171 $164,582 $164,582 $168,954
2023 $158,760 $164,595 $158,679 $164,595
2022 $149,310 $158,438 $149,310 $158,600
2021 $129,864 $147,186 $129,864 $147,186
2020 $120,383 $129,351 $120,383 $129,351
2019 $108,853 $119,326 $108,853 $119,326
2018 $104,079 $107,960 $104,079 $107,960
2017 $100,581 $103,082 $99,073 $103,082
2016 $92,582 $100,387 $92,582 $100,387
2015 $89,105 $92,313 $88,767 $92,313
2014 $87,299 $89,228 $87,299 $89,228
2013 $82,160 $87,224 $82,160 $87,224
2012 $79,941 $81,484 $79,889 $81,484

Questions & Answers about the Eight Mile Housing Market Forecast

How much does an average home cost in Eight Mile today?

The value of an average home (the listing price) in Eight Mile is $164,582 USD.

What is the average price per square foot in Eight Mile?

According to Walletinvestor the median price per square foot in Eight Mile is 91 USD.

Will the median listing price of homes in Eight Mile grow / rise / go up?

Yes. The Eight Mile home prices may rise from 164,582 USD to 172,916 USD in one year.

Is it profitable to invest in Eight Mile homes?

Yes. The long-term profit potential is +5.06% in one year.

Will Eight Mile house prices fall / drop?

No. See above.

What is the predicted price of a Eight Mile home in 2030?

The predicted home sales price of a Eight Mile home in 2030 in Eight Mile is 183,150 USD.

What is the predicted price of a Eight Mile home in 2035?

The predicted home sales price of a Eight Mile home in 2035 in Eight Mile is 203,916 USD.

Will real estate prices decrease in Eight Mile?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Eight Mile is the 7685. largest city in the United States, located in Alabama State.

During the last 12 months the real estate prices in Mobile, Eight Mile decreased, looking at the past 12 months.

According to Walletinvestor's Eight Mile real estate market research, home values will increase in the next 12 months.

Median home values decreased by 0.954% to 164,582 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 5.934% in 2021
  • 6.704% in 2022
  • 4.364% in 2023
  • 3.584% in 2024
  • 5.454% in 2025
  • 5.764% in 2026

Based on our Eight Mile real estate market research and report the predicted sales prices will increase by 63.880% in the next 10 years.

Over the last 12 months, the value of homes in Eight Mile fluctuated: decreasing 4 times.

Eight Mile (Alabama) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Eight Mile Housing Market Forecast with Real Estate Prices for 2025
August 2025 165724 155118 176331
September 2025 166365 150561 182170
October 2025 167009 157657 176362
November 2025 167655 158770 176541
December 2025 168304 158711 177897
Eight Mile Housing Market Forecast with Real Estate Prices for 2026
January 2026 168955 158987 178924
February 2026 169609 155701 183517
March 2026 170265 158006 182524
April 2026 170924 161181 180667
May 2026 171585 159918 183253
June 2026 172249 160192 184307
July 2026 172916 159947 185885
August 2026 173585 158657 188513
September 2026 174257 160839 187674
October 2026 174931 164960 184902
November 2026 175608 164720 186495
December 2026 176287 161303 191272
Eight Mile Housing Market Forecast with Real Estate Prices for 2027
January 2027 175961 161708 190214
February 2027 175676 165311 186040
March 2027 175545 159922 191169
April 2027 176107 163075 189139
May 2027 176465 158995 193935
June 2027 176375 161559 191190
July 2027 176545 159949 193140
August 2027 177228 166771 187684
September 2027 177914 166349 189478
October 2027 178602 168600 188604
November 2027 179248 168493 190003
December 2027 179250 161505 196996
Eight Mile Housing Market Forecast with Real Estate Prices for 2028
January 2028 179215 168641 189789
February 2028 179413 163446 195381
March 2028 180108 162097 198118
April 2028 180804 169956 191653
May 2028 181438 164020 198856
June 2028 181907 163899 199916
July 2028 182611 165081 200142
August 2028 183318 170852 195783
September 2028 184027 168017 200037
October 2028 184041 166005 202077
November 2028 183651 167857 199445
December 2028 183261 165301 201221
Eight Mile Housing Market Forecast with Real Estate Prices for 2029
January 2029 182872 172631 193113
February 2029 182484 168798 196170
March 2029 182097 172992 191202
April 2029 181996 165980 198011
May 2029 181950 168849 195050
June 2029 182654 167311 197997
July 2029 183150 168681 197619
August 2029 183033 166011 200055
September 2029 182644 172964 192324
October 2029 182257 168587 195926
November 2029 182065 168592 195537
December 2029 182769 172168 193370
Eight Mile Housing Market Forecast with Real Estate Prices for 2030
January 2030 183476 167514 199439
February 2030 184186 174793 193580
March 2030 184899 167888 201910
April 2030 185614 169466 201763
May 2030 186332 176830 195835
June 2030 187053 174147 199960
July 2030 187777 175008 200546
August 2030 188504 169653 207354
September 2030 189233 176555 201912
October 2030 189965 179137 200793
November 2030 190700 180784 200617
December 2030 191438 176315 206562
Eight Mile Housing Market Forecast with Real Estate Prices for 2031
January 2031 192179 179303 205055
February 2031 192923 182312 203533
March 2031 193669 181468 205870
April 2031 194419 183531 205306
May 2031 194059 184356 203761
June 2031 193744 181732 205756
July 2031 193600 182372 204829
August 2031 194219 183732 204707
September 2031 194614 177683 211546
October 2031 194515 180121 208909
November 2031 194702 178542 210863
December 2031 195456 181969 208942
Eight Mile Housing Market Forecast with Real Estate Prices for 2032
January 2032 196212 181692 210732
February 2032 196971 184168 209774
March 2032 197684 182265 213104
April 2032 197687 180488 214885
May 2032 197647 180452 214843
June 2032 197866 187775 207957
July 2032 198632 180954 216310

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.