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Featured local agent — Argo, AL
Sarah Mitchell
Compass Real Estate · Argo, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Argo, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$339,500median sale price
How is the Argo, AL housing market right now?
The median home sale price in Argo, AL is $339,500, down 17.4% year-over-year. Homes sell in an average of 80 days with 13 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Argo a buyer's or seller's market?
Argo, AL is currently a buyer's market, based on 6.5 months of supply and homes selling in about 80 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
80
Average pace
Active listings
13
6.5 months supply
Sale-to-list
99.2%
Below asking
What does the Argo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $339,500 |
| Median list price | $339,900 |
| Year-over-year price change | -17.4% |
| Average days on market | 80 days |
| Active inventory | 13 listings |
| Months of supply | 6.5 months |
| Sale-to-list price ratio | 99.2% |
| Median price per sq ft | $195/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Listings with a price cut | 15.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Argo by property type?
How the Argo, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $339,500 | $195/sq ft | 2 | 80 days |
Source: Redfin · Updated monthly
The Argo housing market is currently classified as a buyer's market with a median sale price of $339,500. Prices have fallen 17.4% compared to last year, with homes spending an average of 80 days on market, indicating 6.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Argo
There are currently 13 homes listed for sale in Argo, Alabama. The median listing price is $340K.
Active listings
13
Homes on market
Median list price
$340K
Avg. days on market
80
Days until sale
New this week
3
Newly listed
Who lives in Argo?
Population
4,456
Median income
$107,818/yr
Median age
32.3 years
Owner-occupied
91.6%
College grads
30.6%
Avg commute
33.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Argo?
Argo is a community of approximately 4K residents with a median age of 32.3 years.The median household income is $107,818, which reflects a relatively affluent area with strong earning potential. 30.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 91.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Argo offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Argo, AL?
Want a head-to-head view? Compare Argo side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Argo?
The median home sale price in Argo is $339,500, down 17.4% from last year.
How long do homes stay on market in Argo?
Homes typically spend 80 days on market before going under contract.
What is the median income in Argo?
The median household income is $107,818 per year.
Is Argo a buyer's or seller's market?
With 6.5 months of supply, Argo is currently a buyer's market.
How much does a single-family home cost in Argo?
The median single-family home price in Argo, AL is $339,500 (about $195 per square foot).
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