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Featured local agent — McMinnville, TN
Sarah Mitchell
Compass Real Estate · McMinnville, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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McMinnville, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$255,000median sale price
How is the McMinnville, TN housing market right now?
The median home sale price in McMinnville, TN is $255,000, down 0.6% year-over-year. Homes sell in an average of 105 days with 86 active listings. The market is currently a leaning buyer's. (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, TN is currently a leaning buyer's, based on 4.5 months of supply and homes selling in about 105 days. How we determine this →
Homes sold
19
Last 12 weeks
Days on market
105
Average pace
Active listings
86
4.5 months supply
Sale-to-list
96.9%
Below asking
What does the McMinnville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $255,000 |
| Median list price | $282,900 |
| Year-over-year price change | -0.6% |
| Average days on market | 105 days |
| Active inventory | 86 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 96.9% |
| Median price per sq ft | $176/sq ft |
| Homes sold (latest month) | 19 |
| New listings (latest month) | 32 |
| Listings with a price cut | 25.6% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in McMinnville by property type?
How the McMinnville, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $255,000 | $176/sq ft | 19 | 105 days |
Source: Redfin · Updated monthly
The McMinnville housing market is currently classified as a leaning buyer's with a median sale price of $255,000. Prices have fallen 0.6% compared to last year, with homes spending an average of 105 days on market, indicating 4.5 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 6.0x provides context for how home values compare to local earning capacity.
Homes for sale in McMinnville
There are currently 86 homes listed for sale in McMinnville, Tennessee. The median listing price is $283K.
Active listings
86
Homes on market
Median list price
$283K
Avg. days on market
105
Days until sale
New this week
32
Newly listed
Who lives in McMinnville?
Population
13,765
Median income
$43,348/yr
Median age
38.2 years
Owner-occupied
46.4%
College grads
13.7%
Avg commute
24.4 min
Source: U.S. Census Bureau ACS
What are homes worth in McMinnville?
Zillow home value
$259,479
Zillow rent index
$1,000/mo
Price-to-rent ratio
21.6x
Price-to-income
6.0x
Source: Zillow Research
What is it like to live in McMinnville?
McMinnville is a community of approximately 14K residents with a median age of 38.2 years.The median household income is $43,348, which represents a working-class community with solid middle-income opportunities. 13.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 46.4%, showing a blend of owner and renter-occupied properties. The average commute time is 24.4 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?
10 schools tracked · 5,694 students
The largest public schools serving McMinnville, TN 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.
Warren County High School
Grades 9-12 · 1,845 students
Warren County Middle School
Grades 6-8 · 767 students
Hickory Creek School
Grades PK-5 · 647 students
Centertown Elementary
Grades PK-8 · 571 students
Bobby Ray Memorial
Grades PK-5 · 548 students
West Elementary
Grades PK-5 · 511 students
Dibrell Elementary
Grades PK-8 · 351 students
Irving College Elementary
Grades PK-8 · 288 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, TN?
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 21.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.6% 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 $255,000, down 0.6% from last year.
How long do homes stay on market in McMinnville?
Homes typically spend 105 days on market before going under contract.
What is the median income in McMinnville?
The median household income is $43,348 per year.
Is McMinnville a buyer's or seller's market?
With 4.5 months of supply, McMinnville is currently a leaning buyer's.
What is the Zillow home value estimate for McMinnville?
The Zillow Home Value Index (ZHVI) for McMinnville is $259,479, representing the typical home value in the area.
How much does a single-family home cost in McMinnville?
The median single-family home price in McMinnville, TN is $255,000 (about $176 per square foot).
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