Mcminnville, OR Home Values & Market Trends

Real estate market trends reflect that there have been 398 transactions over the past year in Mcminnville. The median value for residential home transactions that occurred over the previous year is $480,882.16. The number of current listings in Mcminnville is 43, and the percentage of properties for sale in the city is 43.00%. Mcminnville, OR currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 43 properties for sale.

Mcminnville, OR Real Estate Market Overview

ZipMedian Est. Value
97128

$ 576,976

$ 275/sqft

Housing Market Summary for Mcminnville, OR

Apr 2023March 2024Change
Median Listing Price$489K$471.2K-3.63%
Median Sold Price$494.4K$471.2K-4.69%
Homes For Sale354014.29%
Homes Sold255246-3.53%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Mcminnville, OR

Mcminnville home values range from $8,750 to $9,994,849. The median estimated value of a home in Mcminnville is $480,882.16. The median list price of a home is 499,900, and the total count of properties in the city is 11,333.

Foreclosure
There is 1 zips within Mcminnville, OR; within this zips, the median estimated home value for homes in foreclosure ranges from $543,224 in 97128 to the lowest value of $394,943 in 97128. Foreclosure homes account for 0.00% of properties in Mcminnville, OR with 97128 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Mcminnville, OR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mcminnville, OR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mcminnville, OR ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Mcminnville, OR. There is 1 zips within Mcminnville, OR; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    97128 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Mcminnville, OR. Auction homes and other auction properties account for 0.02% of all properties in Mcminnville, OR. There is 1 zips within Mcminnville, OR; of that zips, the median estimated home value for homes going to auction ranges from $543,224 in 97128 to the lowest value of $394,943 in 97128.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.38% of residential properties in Mcminnville, OR with 97128 containing 43 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Mcminnville, OR; homes for sale in that zips, have a range of median values from $1,374,304 in 97128 to the lowest value of $347,154 in 97128.
    Sold Homes
    The median value for recently sold homes ranges from $1,446,336 in 97128 to the lowest price of $41,510 in 97128. There is 1 zips within Mcminnville, OR. 97128 has 254 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.24% of properties in Mcminnville, OR.

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      Guide for Mcminnville, OR

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Recently Listed Homes Mcminnville, OR

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