Answer
The coordinates of the midpoint of $\overline{AB}$ are $(1, 2)$.
Work Step by Step
The midpoint of $\overline{AB}$ can be found using the following formula:
$M = (\frac{x_1 + x_2}{2}, \frac{y_1 + y_2}{2})$
The points we are given are $(-2, 3)$ and $(4, 1)$. Let's plug these points into the formula:
$M = (\frac{-2 + 4}{2}, \frac{3 + 1}{2})$
Use addition to simplify:
$M = (\frac{2}{2}, \frac{4}{2})$
Simplify the fractions:
$M = (1, 2)$
The coordinates of the midpoint of $\overline{AB}$ are $(1, 2)$.