McMinnville, TN

Buyer's market+8.0% YoY

Housing market overview · Updated weekly

$270,000median sale price

Homes sold

8

Last 12 weeks

Days on market

148

Average pace

Active listings

93

11.6 months supply

Sale-to-list

98.1%

Below asking

The McMinnville housing market is currently classified as a buyer's market with a median sale price of $270,000. Prices have risen 8.0% compared to last year, with homes spending an average of 148 days on market, indicating 11.6 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

Homes for sale in McMinnville

There are currently 93 homes listed for sale in McMinnville, Tennessee. The median listing price is $255K.

Active listings

93

Homes on market

Median list price

$255K

Avg. days on market

148

Days until sale

New this week

29

Newly listed

Price drops:25.8%of listings
Sale-to-list:98.1%

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Frequently asked questions

What is the average home price in McMinnville?

The median home sale price in McMinnville is $270,000, up 8.0% from last year.

How long do homes stay on market in McMinnville?

Homes typically spend 148 days on market before going under contract.

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

With 11.6 months of supply, McMinnville is currently a buyer's market.

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