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Zip 97128 (McMinnville, OR) Housing


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United States / / / McMinnville (zip 97128)
The housing market in McMinnville, OR (97128) is relatively strong compared to the US average. The median home value in this area is $456,900 and has appreciated 7.02% over the past year, which is slightly lower than the national rate of 8.27%. These numbers demonstrate that housing prices in this area are on the rise, making it a beneficial time to invest in real estate here.

The median home cost in McMinnville (zip 97128) is $456,900. Home appreciation the last 10 years has been 142.7%. Home Appreciation in McMinnville (zip 97128) is up 13.1%.

Average Age of Homes
- The median age of McMinnville (zip 97128) real estate is 31 years old
The Rental Market in McMinnville (zip 97128)
- Renters make up 37.8% of the McMinnville (zip 97128) population
- 0.9% of houses and apartments in McMinnville (zip 97128), are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMcMinnville, OregonUnited States
  14,880.0139,647,020.0
  3242
  $456,900$338,100
  13.1%16.6%
  59.3%57.0%
  142.7%101.1%
  $9.57$10.98
  $3,206$2,690
  63.6%57.4%
  3.6%11.2%
  32.8%31.4%
  Vacant Housing
  0.9%1.9%
  0.0%0.4%
  0.7%0.7%
  0.1%0.4%
  0.2%3.6%
  1.7%4.1%
  Value of Owner-Occupied Housing
  4.3%2.6%
  2.9%2.4%
  2.2%2.8%
  2.1%3.9%
  1.2%4.5%
  2.1%11.3%
  3.1%13.0%
  24.0%20.1%
  23.3%13.6%
  17.3%8.3%
  12.1%9.7%
  3.8%3.9%
  1.0%2.2%
  0.5%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.4%0.2%
  15.9%13.6%
  15.9%13.6%
  25.1%13.6%
  13.2%13.2%
  15.6%14.8%
  25.1%13.6%
  6.3%10.0%
  3.4%4.7%
  6.5%12.2%
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