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All market snapshots / 97128

McMinnville, OR 97128 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
McMinnville, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 5959PendingPending sales: 77
McMinnville, OR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $450k$450kSoldMedian sold price (last 6 months): $450k$450k
What homes actually sell for in McMinnville, OR
Distribution of 297 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $395k to $580k
$144k to $234k: 19 sales$144k$234k to $323k: 5 sales$323k to $412k: 52 sales$323k$412k to $502k: 99 sales99sales$502k to $592k: 41 sales$502k$592k to $681k: 31 sales$681k to $770k: 11 sales$681k$770k to $860k: 10 salesMedian $450k

What the numbers say

As of September 14, 2026, Resideline is tracking 59 active listings and 7 pending sales in ZIP code 97128. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $450,000, while the median of the 297 closed sales Resideline tracked over the last six months was $450,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 97128 for 85 days.

Frequently asked questions

What is the median home price in 97128?

The median closed sale price in McMinnville, OR 97128 was $450,000 over the last six months, based on 297 closed sales tracked by Resideline. The middle half of those sales ranged from $395,000 to $580,000.

Is 97128 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 59 active listings in 97128, a pending-to-active ratio of 0.12. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 97128 currently looks like a balanced market.

Nearby ZIP code market data

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