Home prices
The median home in Mignon costs $36,900. Compared to its nearby areas this is roughly $60,120 (61%) lower.Compared to the United States as a whole it is about $180,600 (83%) lower, and in comparison to the city of Birmingham it is approximately $54,200 (59%) lower.
Rents
Mignon's median monthly rent is $632. Compared to its surrounding areas it is roughly $27 (4%) lower.It is about $430 (40%) lower in comparison to the entire nation, and is roughly $205 (24%) lower in comparison to the city of Birmingham.
Nearby places
Sylacauga
Sylacauga is Mignon's neighbor to the south. Housing prices there are significantly more expensive. The median home cost in Sylacauga is $131,600, which is $94,700 (71%) higher than Mignon. The rent there is pretty similar. In Sylacauga the median rent is $609 per month, which comes out to $23 (3%) lower than Mignon.
Oak Grove
Oak Grove is roughly 1 mile west of Mignon. Real estate prices there are a lot more expensive. The median home cost in Oak Grove is $96,300, which is $59,400 (61%) higher than Mignon. Its rents are somewhat more expensive. Oak Grove's median monthly rent is $733, which comes out to $101 (13%) higher than Mignon.
Bon Air
Bon Air is roughly 6 miles northwest of Mignon. Its housing prices are substantially more expensive. Bon Air's median home price is $67,500, which is $30,600 (45%) higher than Mignon. Rent there is pretty similar. Bon Air's median rent is $617 per month, which comes out to $15 (2%) lower than Mignon.
Childersburg
Childersburg is approximately 8 miles northwest of Mignon. Real estate prices there are a lot more expensive. The value of the median home in Childersburg is $107,800, which is $70,900 (65%) higher than Mignon. Rents there are a little less expensive. The median rent in Childersburg is $506 per month, which comes out to $126 (24%) lower than Mignon.
Stewartville
Stewartville is approximately 9 miles south of Mignon. Its real estate prices are substantially more expensive. The value of the median home in Stewartville is $81,900, which comes out to $45,000 (54%) higher than Mignon. The rent there is a little more expensive. In Stewartville the median rent is $831 a month, which works out to $199 (23%) higher than Mignon.
