Metropolitan market · Tennessee · June 2026 data

McMinnville Real Estate Market

As of June 2026, the median home listed in McMinnville, TN asks $338,900 — down 0.6% year over year. Homes sell in a median of 66 days, with 209 active listings and 21% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$338,900
▼ 0.6% YoY
Median $ / sq ft
$211
1,782 sq ft median
Median days on market
66
June 2026
Active listings
209
For sale now
New listings
60
June 2026
Listings with price cuts
21%
Share of active
Median sale price (closed)
$260,000
▼ 13.3% YoY · closed sales
Sale-to-list ratio
97.5%
Closed sales
Homes sold / month
52
Closed sales

McMinnville housing market statistics

The table summarizes McMinnville's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

McMinnville, TN housing market at a glance — June 2026
MetricLatestDetail
Median listing price$338,900-0.6% YoY
Median price per sq ft$2111,782 sq ft median
Median days on market66+1% YoY
Active listings209-9% YoY
New listings this month60June 2026
Listings with a price cut21%Share of active
Median sale price (closed)$260,000-13.3% YoY
Sale-to-list ratio97.5%Closed sales

How have home prices changed in McMinnville?

McMinnville home prices are down 0.6% year over year and +4.3% month over month as of June 2026, at a $338,900 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$341K$335K$328K$321K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, McMinnville TN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$376K$316K$256K$195K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, McMinnville TN · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in McMinnville?

McMinnville has 209 active listings, 60 new this month, 61 pending as of June 2026. About 21% of active listings have cut their price, and inventory sits at 180% of its 2019 level — a balanced market by pace.

Active listings
209
New this month
60
Pending
61
Price-reduced
44

Is McMinnville a good real estate investment?

McMinnville scores 28/100 on WealthyBud's composite Investor Score, ranking #848 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
28/100
#848 of 932 covered metros
12-month outlook
-2.7%
▼ Cooling · model output, not advice
Momentum
60
Value
25
Rental yield
13
Supply risk
95
Market heat
31

McMinnville scores 28/100 on our composite Investor Score (#848 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 180% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 0.6% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how McMinnville ranks on the trending markets index.

How much is a monthly mortgage payment in McMinnville?

A home at McMinnville's $338,900 median listing runs about $1,701 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$1,528/mo
−$174/mo vs today
At today's rate · 6.43%
$1,701/mo
National weekly average
If rates rise 1% · 7.43%
$1,883/mo
+$182/mo vs today

Principal & interest on the $338,900 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the McMinnville housing market?

Longer-run demand in McMinnville shows up in 271 homes permitted in 2025; net migration of +581 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
271
▼ 3.9% vs 2024
6.5 per 1,000 residents
Net migration (2022–2023)
+581
▲ people, via tax-return records
net income flow +$31.9M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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McMinnville housing market FAQ

What is the median home price in McMinnville?
As of June 2026, the median listing price in McMinnville, TN is $338,900, down 0.6% year over year (source: public records and industry data). Figures cover the McMinnville, TN metro area.
How much does it cost to buy a home in McMinnville?
The median home listed in McMinnville asks $338,900 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,701 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in McMinnville?
The median property in McMinnville spends 66 days on the market, with 209 homes actively listed and 21% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in McMinnville?
With a median 66 days on market and 21% of active listings carrying a price cut, McMinnville reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is McMinnville a good place to invest in real estate?
McMinnville scores 28/100 on WealthyBud's Investor Score, ranking #848 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in McMinnville?
See WealthyBud directories for the top-producing agents, teams and brokerages serving McMinnville and the wider Tennessee market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the McMinnville, TN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Tennessee housing markets

Marcus Bell Real Estate Market Analyst

Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.