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All market snapshots / 97128

McMinnville, OR 97128 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
McMinnville, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 6363PendingPending sales: 66
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): $553k$553kSoldMedian sold price (last 6 months): $456k$456k
What homes actually sell for in McMinnville, OR
Distribution of 293 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $398k to $585k
$146k to $236k: 18 sales$146k$236k to $326k: 6 sales$326k to $416k: 55 sales$326k$416k to $506k: 91 sales91sales$506k to $595k: 40 sales$506k$595k to $685k: 33 sales$685k to $775k: 12 sales$685k$775k to $865k: 9 salesMedian $456k

What the numbers say

As of October 5, 2026, Resideline is tracking 63 active listings and 6 pending sales in ZIP code 97128. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $553,000, while the median of the 293 closed sales Resideline tracked over the last six months was $456,000. 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 88 days.

Frequently asked questions

What is the median home price in 97128?

The median closed sale price in McMinnville, OR 97128 was $456,000 over the last six months, based on 293 closed sales tracked by Resideline. The middle half of those sales ranged from $398,000 to $585,000.

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

Resideline is currently tracking 6 pending sales against 63 active listings in 97128, a pending-to-active ratio of 0.10. 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

Full McMinnville, OR housing market report →

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