Home Values

McMinnville Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$80,700

  • -1.5% 1-year change
  • None 1-year forecast

The median home value in McMinnville Metro is $80,700. McMinnville Metro home values have declined -1.5% over the past year. The median rent price in McMinnville Metro is $530, which is lower than the Tennessee median of $1,050.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in McMinnville Metro is 3.0%, which is lower than the national value of 6.0%.

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Relative ZHVI
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McMinnville Metro Market Overview

Data through Jun 30, 2015
  • $80,700 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No data Median sale price
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McMinnville Metro Market Health

Data through Jun 30, 2015
  • 1.5/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • 3.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Cities in McMinnville Metro

Name Median ZHVI
Morrison $112,100
Rock Island $83,200
Mc Minnville $79,700

Listings & Sales

  • No data
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McMinnville Metro Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $1,074 Tennessee
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $530 Rent list price
  • No data Rent list price / sq ft
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