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Featured local agent — McMinnville, OR
Sarah Mitchell
Compass Real Estate · McMinnville, OR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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McMinnville, OR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$460,000median sale price
How is the McMinnville, OR housing market right now?
The median home sale price in McMinnville, OR is $460,000, down 5.1% year-over-year. Homes sell in an average of 21 days with 101 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is McMinnville a buyer's or seller's market?
McMinnville, OR is currently a seller's market, based on 2.9 months of supply and homes selling in about 21 days. How we determine this →
Homes sold
35
Last 12 weeks
Days on market
21
Average pace
Active listings
101
2.9 months supply
Sale-to-list
99.4%
Below asking
What does the McMinnville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $460,000 |
| Median list price | $499,000 |
| Year-over-year price change | -5.1% |
| Average days on market | 21 days |
| Active inventory | 101 listings |
| Months of supply | 2.9 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $304/sq ft |
| Homes sold (latest month) | 35 |
| New listings (latest month) | 43 |
| Listings with a price cut | 32.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in McMinnville by property type?
How the McMinnville, OR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $450,000 | $307/sq ft | 32 | 24 days |
| Condo / Co-op | $405,000 | $287/sq ft | 1 | 132 days |
| Townhouse | $388,000 | $304/sq ft | 1 | 9 days |
Source: Redfin · Updated monthly
The McMinnville housing market is currently classified as a seller's market with a median sale price of $460,000. Prices have fallen 5.1% compared to last year, with homes spending an average of 21 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.0x provides context for how home values compare to local earning capacity.
Homes for sale in McMinnville
There are currently 101 homes listed for sale in McMinnville, Oregon. The median listing price is $499K.
Active listings
101
Homes on market
Median list price
$499K
Avg. days on market
21
Days until sale
New this week
43
Newly listed
Who lives in McMinnville?
Population
34,493
Median income
$70,060/yr
Median age
39.2 years
Owner-occupied
61.8%
College grads
26.1%
Avg commute
20.8 min
Source: U.S. Census Bureau ACS
What are homes worth in McMinnville?
Zillow home value
$489,473
Zillow rent index
$1,757/mo
Price-to-rent ratio
23.2x
Price-to-income
7.0x
Source: Zillow Research
What is it like to live in McMinnville?
McMinnville is a community of approximately 34K residents with a median age of 39.2 years.The median household income is $70,060, which represents a working-class community with solid middle-income opportunities. 26.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.8%, showing a blend of owner and renter-occupied properties. The average commute time is 20.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, McMinnville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve McMinnville?
8 schools tracked · 6,034 students
The largest public schools serving McMinnville, OR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
McMinnville High School
Grades 9-12 · 2,319 students
Duniway Middle School
Grades 6-8 · 778 students
Patton Middle School
Grades 6-8 · 668 students
Memorial Elementary School
Grades K-5 · 530 students
Willamette Elementary School
Grades K-5 · 446 students
Newby Elementary School
Grades K-5 · 436 students
Grandhaven Elementary School
Grades K-5 · 436 students
Sue Buel Elementary
Grades K-5 · 421 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near McMinnville, OR?
Want a head-to-head view? Compare McMinnville side-by-side with any other U.S. city using our market-comparison tool.
Is McMinnville a good real estate investment market?
For investors evaluating McMinnville, the price-to-rent ratio of 23.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on McMinnville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using McMinnville's median home price.
Frequently asked questions
What is the average home price in McMinnville?
The median home sale price in McMinnville is $460,000, down 5.1% from last year.
How long do homes stay on market in McMinnville?
Homes typically spend 21 days on market before going under contract.
What is the median income in McMinnville?
The median household income is $70,060 per year.
Is McMinnville a buyer's or seller's market?
With 2.9 months of supply, McMinnville is currently a seller's market.
What is the Zillow home value estimate for McMinnville?
The Zillow Home Value Index (ZHVI) for McMinnville is $489,473, representing the typical home value in the area.
What is the median condo price in McMinnville?
The median condo/co-op sale price in McMinnville, OR is $405,000, compared to $450,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in McMinnville?
The median single-family home price in McMinnville, OR is $450,000 (about $307 per square foot).
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