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Featured local agent — Mignon, AL
Sarah Mitchell
Compass Real Estate · Mignon, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mignon, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$325,000median sale price
How is the Mignon, AL housing market right now?
The median home sale price in Mignon, AL is $325,000, up 195.4% year-over-year. Homes sell in an average of 352 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Mignon a buyer's or seller's market?
Mignon, AL is currently a seller's market, based on 1.0 months of supply and homes selling in about 352 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
352
Average pace
Active listings
1
1.0 months supply
Sale-to-list
100.0%
Above asking
What does the Mignon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $325,000 |
| Year-over-year price change | +195.4% |
| Average days on market | 352 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $76/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Mignon by property type?
How the Mignon, 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 | $325,000 | $76/sq ft | 1 | 352 days |
Source: Redfin · Updated monthly
The Mignon housing market is currently classified as a seller's market with a median sale price of $325,000. Prices have risen 195.4% compared to last year, with homes spending an average of 352 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Mignon
There are currently 1 homes listed for sale in Mignon, Alabama.
Active listings
1
Homes on market
Avg. days on market
352
Days until sale
Who lives in Mignon?
Population
820
Median income
$33,217/yr
Median age
40 years
Owner-occupied
63.8%
College grads
6.9%
Avg commute
19.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Mignon?
Mignon is a community of approximately 1K residents with a median age of 40 years.The median household income is $33,217, which represents a working-class community with solid middle-income opportunities. 6.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.8%, showing a blend of owner and renter-occupied properties. The average commute time is 19.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mignon offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Mignon, AL?
Want a head-to-head view? Compare Mignon side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Mignon?
The median home sale price in Mignon is $325,000, up 195.4% from last year.
How long do homes stay on market in Mignon?
Homes typically spend 352 days on market before going under contract.
What is the median income in Mignon?
The median household income is $33,217 per year.
Is Mignon a buyer's or seller's market?
With 1.0 months of supply, Mignon is currently a seller's market.
How much does a single-family home cost in Mignon?
The median single-family home price in Mignon, AL is $325,000 (about $76 per square foot).
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