Market Overview
Home Prices in Bay Minette, AL
The median home value in Bay Minette, AL is $215,182 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0% compared to a year ago and down 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bay Minette are priced48% below average. Bay Minette is part of the Daphne-Fairhope-Foley, AL metro area.
Over the past five years, Bay Minette home values have risen by approximately18.5%, reflecting steady appreciation in this market.
Price History
Bay Minette Home Price Trend
City Comparison
Bay Minette vs. National Median
At $215,182, homes in Bay Minette cost 48% below the national median of $410,000. This makes Bay Minette a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bay Minette?
20% Down Payment
$43,036
on $215,182
Monthly P&I
$1,122/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,425/mo
incl. taxes & insurance
Income Needed
$57,000
gross annual (30% rule)
10% Down Option
$21,518
+ PMI applies
Loan Amount (20% dn)
$172,146
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bay Minette, AL?
The median home value in Bay Minette is $215,182 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0% year-over-year.
How much have home prices changed in Bay Minette?
Over the past year, home values in Bay Minette have increased by 0%. Over five years, prices have risen approximately 18.5%.
How much do I need to earn to buy a home in Bay Minette?
To comfortably afford the median home price of $215,182 with a 20% down payment ($43,036) at today's rates (6.8%), you'd need a gross annual income of approximately $57,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Bay Minette compare to the national average home price?
The national median home value is approximately $410,000. At $215,182, homes in Bay Minette are 48% below the national average.
What metro area is Bay Minette part of?
Bay Minette is part of the Daphne-Fairhope-Foley, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.