Foreclosure Homes in Mcminnville, OR

Current Market Conditions in Mcminnville, OR

The real estate market in McMinnville has shown significant growth over the past year, with an increasing number of properties being sold and average prices rising. This growth is largely driven by demand from buyers looking for affordable housing in a scenic, community-oriented area. Many new developments and renovations are taking place, catering to the influx of new residents.

Currently, the market is competitive, with homes often selling quickly, sometimes above the asking price. Buyers are advised to act fast when they find a property that meets their needs.

Rent Prices In Mcminnville, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mcminnville, OR, is on a rollercoaster ride. The average rent price in Mcminnville, OR, is $1,292.00. Indeed, when looking to rent in Mcminnville, OR, you can expect to pay as little as $580.00 or as much as $2,970.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Mcminnville, OR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.