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Eight Mile Real Estate Forecast, Eight Mile Area Housing Prices and Home Value Trends and Predictions

Is buying a house in Eight Mile a good investment? The median home price in Eight Mile today: ▼ 164,582 USD (-0.305%)

  • History
  • Forecast
  • Data
  • Q&A

Current Price

$164,582

1 Month Forecast

▲ $165,714

1-Year Forecast *

▲ $172,676

5-Year Forecast *

▲ $187,464

"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 not so good 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 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Eight Mile" area is 187,464 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +13.90% meaning that investing 100000 USD today may yield a profit of 13,903 USD by 2030.

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: 2025-2031

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: $172,676* (upside of 4.9%)

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 $79,587 $81,484 $79,587 $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 172,676 USD in one year.

Is it profitable to invest in Eight Mile homes?

Yes. The long-term profit potential is +4.92% 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 187,464 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 212,739 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 1.417% to 164,582 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 5.498% in 2020
  • 6.668% in 2021
  • 5.588% in 2022
  • 3.798% in 2023
  • 5.078% in 2024
  • 5.988% in 2025

Based on our Eight Mile real estate market research and report the predicted sales prices will increase by 61.624% in the next 10 years.

Over the last 12 months, the value of homes in Eight Mile fluctuated: increasing 2 times and decreasing 8 times.

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

Below you will find the price predictions for 2025, 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 165714 155440 175988
September 2025 166345 152206 180484
October 2025 166871 156858 176883
November 2025 167506 158963 176049
December 2025 168144 153179 183108
Eight Mile Housing Market Forecast with Real Estate Prices for 2026
January 2026 168784 153256 184312
February 2026 169426 154856 183997
March 2026 170071 159527 180616
April 2026 170719 153989 187449
May 2026 171369 158002 184736
June 2026 172021 154819 189224
July 2026 172676 158690 186663
August 2026 173334 159294 187374
September 2026 173994 157116 190871
October 2026 174656 164526 184786
November 2026 175321 165328 185314
December 2026 175989 163141 188836
Eight Mile Housing Market Forecast with Real Estate Prices for 2027
January 2027 176659 160053 193265
February 2027 177331 159953 194710
March 2027 178006 161274 194739
April 2027 178684 160816 196553
May 2027 179365 167168 191561
June 2027 180047 162223 197872
July 2027 179714 162821 196607
August 2027 179423 167940 190906
September 2027 179290 164050 194529
October 2027 179863 164755 194972
November 2027 180229 165450 195007
December 2027 180137 170409 189864
Eight Mile Housing Market Forecast with Real Estate Prices for 2028
January 2028 180310 169672 190949
February 2028 180997 167965 194029
March 2028 181686 168241 195131
April 2028 182378 167605 197150
May 2028 183038 173886 192190
June 2028 183040 168214 197866
July 2028 183004 173122 192886
August 2028 183206 168916 197496
September 2028 183904 174341 193467
October 2028 184604 174266 194942
November 2028 185251 175247 195254
December 2028 185730 168086 203374
Eight Mile Housing Market Forecast with Real Estate Prices for 2029
January 2029 186437 176556 196318
February 2029 187147 171614 202680
March 2029 187860 173394 202325
April 2029 187874 170965 204782
May 2029 187504 169129 205879
June 2029 187135 169357 204913
July 2029 186767 176121 197412
August 2029 186399 172046 200752
September 2029 186032 175800 196264
October 2029 185929 167708 204150
November 2029 185882 172870 198893
December 2029 186589 169610 203569
Eight Mile Housing Market Forecast with Real Estate Prices for 2030
January 2030 187097 176806 197387
February 2030 186976 175010 198943
March 2030 186608 176158 197059
April 2030 186241 176743 195740
May 2030 186045 174882 197208
June 2030 186753 168638 204868
July 2030 187464 170592 204336
August 2030 188057 171132 204982
September 2030 188773 177069 200477
October 2030 189491 173385 205598
November 2030 190213 175376 205049
December 2030 190937 173753 208121
Eight Mile Housing Market Forecast with Real Estate Prices for 2031
January 2031 191664 173839 209489
February 2031 192394 173154 211633
March 2031 193126 177483 208769
April 2031 193861 180097 207626
May 2031 194600 176307 212892
June 2031 195340 177760 212921
July 2031 196084 178437 213732
August 2031 196831 182659 211003
September 2031 197580 187504 207657
October 2031 198332 187027 209637
November 2031 199088 183758 214417
December 2031 199846 181460 218231
Eight Mile Housing Market Forecast with Real Estate Prices for 2032
January 2032 200606 183956 217257
February 2032 201370 185865 216876
March 2032 202137 186774 217499
April 2032 202906 187486 218327
May 2032 202531 184708 220353
June 2032 202202 183802 220603
July 2032 202053 190940 213166
August 2032 202699 191348 214050
September 2032 203111 189705 216516
October 2032 203007 192857 213157
November 2032 203203 192839 213566
December 2032 203976 186638 221314
Eight Mile Housing Market Forecast with Real Estate Prices for 2033
January 2033 204753 193492 216014
February 2033 205533 189501 221564
March 2033 206276 195344 217209
April 2033 206279 188745 223813
May 2033 206238 188089 224387
June 2033 206466 193253 219680
July 2033 207252 196061 218444

> 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.