Is Mcminnville, TN 37110 a buyer’s or seller’s market?
Mcminnville is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 10% of U.S. ZIP codes, and #251 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Mcminnville housing market right now
In the three months ending August 31, 2026, 10% of homes in Mcminnville, TN 37110 sold above their list price, the typical home went under contract in 81 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 113 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (10% then), homes sold faster (90 days then) and the median sale price held steady to $289,775. Overall, Mcminnville is more competitive than a year ago, so tougher for buyers.
On our competition score, Mcminnville ranks #251 of 299 TN ZIP codes with enough sales (score 16 out of 100).
Run the numbers for 37110
Nearby markets
Morrison 37357Balanced $225 /sq ftRock Island 38581Buyer’s market $216 /sq ft Browse all markets →Towns like Mcminnville nearby
Find towns like Mcminnville in other states →Where Mcminnville is
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Questions about Mcminnville real estate
Is Mcminnville a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Mcminnville, TN 37110 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mcminnville?
The typical home went under contract in 81 days in the latest three months.
Do homes in Mcminnville sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Mcminnville?
About 0.42% of a home’s value a year in Warren County, or roughly $1,680 on a $400,000 home.
What is the median home price in Mcminnville?
The median sale price was $289,775 in the three months ending August 31, 2026, about $191 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology