Foreclosure Homes in Mcminnville, OR 97128

Current Market Conditions in Mcminnville, OR

The real estate market in McMinnville has shown steady growth over the past few years, driven by an influx of new residents and increased interest in the area due to its appealing lifestyle. Properties in the market cater to a range of budgets, with a noticeable demand for single-family homes that are affordable yet quaint.

Current trends indicate a continuing upward trajectory in home values, with many homes appreciating in value as amenities expand and the local economy strengthens. Investors can find opportunities in both residential and rental properties, particularly as the community grows.

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 $1,293.00. 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.