McMinnville Metro Area, TN Housing

The housing market in the McMinnville, TN Metro Area is thriving. The median value of homes in this area is $198,900, which is substantially lower than the US median value of $338,100. There has been an impressive 1 year house appreciation rate of 15.23%, much higher than the US average of 8.27%. This impressive rate of growth indicates a vibrant and healthy housing market in McMinnville, TN Metro Area.

The median home cost in McMinnville Metro Area is $198,900. Home appreciation the last 10 years has been 140.7%. Home Appreciation in McMinnville Metro Area is up 25.2%.

Average Age of Homes

- The median age of McMinnville Metro Area real estate is 40 years old

The Rental Market in McMinnville Metro Area

- Renters make up 26.0% of the McMinnville Metro Area population
- 1.1% of houses and apartments in McMinnville Metro Area, 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

Housing	McMinnville, Tennessee	United States
	18,058.0	139,647,020.0
	44	42
	$198,900	$338,100
	25.2%	16.6%
	81.4%	57.0%
	140.7%	101.1%
	$5.55	$10.98
	$686	$2,690
	61.5%	57.4%
	12.6%	11.2%
	26.0%	31.4%
Vacant Housing
	1.1%	1.9%
	0.2%	0.4%
	1.2%	0.7%
	0.4%	0.4%
	1.0%	3.6%
	8.7%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	3.3%	2.4%
	8.0%	2.8%
	9.3%	3.9%
	12.0%	4.5%
	24.0%	11.3%
	16.8%	13.0%
	13.6%	20.1%
	5.5%	13.6%
	1.4%	8.3%
	2.3%	9.7%
	0.0%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	18.5%	13.6%
	11.8%	13.2%
	19.3%	14.8%
	18.5%	13.6%
	8.4%	10.0%
	5.7%	4.7%
	5.6%	12.2%

Reviews for McMinnville

See all (0)

Write a Review

Start Your Review of McMinnville

Commute