Comprehensive market data and analysis• Updated Dec 2025
45.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 2 |
| 1-2 acres | - | - | 1 | 5 |
| 2-5 acres | - | 1 | 1 | 3 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 4 | 11 |
Acreage buckets
The median price for land in Eight Mile, Alabama is currently $17K per acre. For a typical parcel, the median sale price is $26K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $90K.
Eight Mile, Alabama is currently a strong buyer's market with 45.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Eight Mile, Alabama currently has 45.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Eight Mile, Alabama is 2.2%. The 12-month rate is 3.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Eight Mile, Alabama saw 12 properties sold, totaling $622K in sales volume. In just the last 3 months, 2 properties changed hands.
There are currently 30 active listings in Eight Mile, Alabama. 3 new listings have hit the market in the last 90 days. The median asking price is $110K.
The median land price in Eight Mile, Alabama stands at $26K. This translates to roughly $17K per acre for the typical parcel size. The average price is $52K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
