McMinnville, OR

Buyer's market-10.0% YoY

Housing market overview · Updated weekly

$467,500median sale price

Homes sold

14

Last 12 weeks

Days on market

69

Average pace

Active listings

79

5.6 months supply

Sale-to-list

98.4%

Below asking

The McMinnville housing market is currently classified as a buyer's market with a median sale price of $467,500. Prices have fallen 10.0% compared to last year, with homes spending an average of 69 days on market, indicating 5.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in McMinnville?

The median home sale price in McMinnville is $467,500, down 10.0% from last year.

How long do homes stay on market in McMinnville?

Homes typically spend 69 days on market before going under contract.

Is McMinnville a buyer's or seller's market?

With 5.6 months of supply, McMinnville is currently a buyer's market.

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