Market Overview
Home Prices in Minor, AL
The median home value in Minor, AL is $116,643 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2% compared to a year ago and down 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Minor are priced72% below average. Minor is part of the Birmingham-Hoover, AL metro area.
Over the past five years, Minor home values have risen by approximately15.3%, reflecting steady appreciation in this market.
Price History
Minor Home Price Trend
City Comparison
Minor vs. National Median
At $116,643, homes in Minor cost 72% below the national median of $410,000. This makes Minor a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Minor?
20% Down Payment
$23,329
on $116,643
Monthly P&I
$608/mo
30-yr @ 6.8%
Total Monthly Est.
~$772/mo
incl. taxes & insurance
Income Needed
$30,880
gross annual (30% rule)
10% Down Option
$11,664
+ PMI applies
Loan Amount (20% dn)
$93,314
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 Minor, AL?
The median home value in Minor is $116,643 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2% year-over-year.
How much have home prices changed in Minor?
Over the past year, home values in Minor have increased by 2%. Over five years, prices have risen approximately 15.3%.
How much do I need to earn to buy a home in Minor?
To comfortably afford the median home price of $116,643 with a 20% down payment ($23,329) at today's rates (6.8%), you'd need a gross annual income of approximately $30,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Minor compare to the national average home price?
The national median home value is approximately $410,000. At $116,643, homes in Minor are 72% below the national average.
What metro area is Minor part of?
Minor is part of the Birmingham-Hoover, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.