McMinnville Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Mcminnville averaged 6.69% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

The average rate for the prior week (2025-03-27) was 6.5% and one month ago for the week of 2025-02-27, the average rate was 6.81%.

Mcminnville's average rate one year ago was 6.84%.

For refis of the same type during the week of 2025-04-03, the average rate was 6.94%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-03 6.64%
Mcminnville 30 Year Fixed Rate 2025-04-03 6.69%
Mcminnville 30 Year Fixed Rate Refi 2025-04-03 6.94%
Mcminnville 15 Year Fixed Rate 2025-04-03 5.62%
Mcminnville 15 Year Fixed Rate Refi 2025-04-03 6.22%
Mcminnville 30 Year FHA 2025-04-03 6.28%
Mcminnville 30 Year FHA Refi 2025-04-03 6.36%
Mcminnville 30 Year USDA 2025-04-03 6.22%
Mcminnville 30 Year USDA Refi 2025-04-03 6.22%
Mcminnville 30 Year VA 2025-04-03 6.06%
Mcminnville 30 Year VA Refi 2025-04-03 5.86%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within McMinnville, TN.

McMinnville Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the McMinnville, TN market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
The First National Bank of Middle Tennessee 27 6.66% $6,573
QUICKEN LOANS, LLC 24 6.90% $5,976
Citizens Tri-County Bank 15 6.57% $5,395
ASCEND FEDERAL CREDIT UNION 10 6.51% $3,325
Regions Bank 8 7.11% $3,467
FirstBank 5 6.86% $5,746
Renasant Bank 5 6.47% $5,697
CMG MORTGAGE, INC. 5 6.73% $5,333
REDSTONE Federal Credit Union 4 6.63% $4,907
FIRST COMMUNITY MORTGAGE, INC. 4 6.88% $6,585
BROKER SOLUTIONS, INC. 3 7.25% $5,584
CHURCHILL MORTGAGE CORPORATION 3 7.21% $4,885
UNION HOME MORTGAGE CORP. 3 6.75% $5,397
UNITED WHOLESALE MORTGAGE, LLC 3 7.33% $4,442
JPMorgan Chase Bank 3 5.91% $4,408
Legacy Home Loans, LLC 2 6.68% $3,754
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.50% $8,052
ALAMEDA MORTGAGE CORPORATION 2 6.56% $4,228
PNC Bank 2 6.63% $3,899
MORTGAGE INVESTORS GROUP, INC. 2 7.56% $4,391
U.S. Bank 2 6.68% $3,320
PENNYMAC LOAN SERVICES, LLC 2 6.31% $13,833
NEWREZ LLC 2 6.69% $11,805
Flagstar Bank, FSB 2 6.68% $3,840
Farm Credit Mid-America, ACA 2 7.44% $6,494
ROYAL UNITED MORTGAGE LLC 2 6.31% $7,987
RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 5.88% $6,802
Royal Credit Union 1 7.00% $4,210
SeaTrust Mortgage Company 1 7.50% $8,191
SOUTHWEST FUNDING, LP 1 5.99% $4,778
STOCKTON MORTGAGE CORPORATION 1 6.50% $7,184
SWBC MORTGAGE CORPORATION 1 6.88% $4,777
T2 FINANCIAL LLC 1 6.75% $6,224
The Loan Store, Inc. 1 6.63% $8,450
TJC Mortgage, Inc. 1 6.50% $3,664
TOP FLITE FINANCIAL, INC. 1 6.99% $4,110
USAA Federal Savings Bank 1 6.38% $3,279
VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.00% $4,554
VAN DYK MORTGAGE CORPORATION 1 5.99% $4,504
Wells Fargo Bank 1 6.50% $3,250
Wilson Bank And Trust 1 6.69% $2,211
21ST MORTGAGE CORPORATION 1 8.75% $5,359
ZILLOW HOME LOANS, LLC 1 6.88% $4,893
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.63% $7,910
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.88% $13,424
AmRes Corporation 1 6.63% $6,969
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.99% $3,488
Barrington Bank & Trust Company, N.A. 1 6.63% $13,480
ENRICHMENT 1 6.75% $3,208
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 8.49% $5,040
GUARANTEED RATE, INC. 1 6.58% $4,283
GUILD MORTGAGE COMPANY 1 7.00% $2,578
HOMEXPRESS MORTGAGE CORP. 1 7.63% $7,751
KeyBank 1 6.63% $3,694
LOANDEPOT.COM, LLC 1 7.13% $4,391
MILEND, INC. 1 6.50% $9,692
Mr. Cooper ( Nationstar Mortgage ) 1 6.49% $5,128
NAVY FEDERAL CREDIT UNION 1 6.88% $3,660
NBKC BANK 1 6.38% $3,277
NexBank 1 6.38% $4,190
NFM, INC. 1 6.38% $5,839
NMSI, INC. 1 6.50% $5,401
Old National Bank 1 6.88% $6,118
Pacific Lending LLC 1 6.38% $11,077
PHH Mortgage Corporation 1 6.63% $5,310
Pinnacle Bank 1 6.13% $3,869
Princeton Mortgage Corporation 1 7.38% $4,381
RELIANCE FIRST CAPITAL, LLC 1 6.63% $6,141

McMinnville Average Closing Costs & Other Stats

McMinnville, TN's 68 lenders originated 810 loans during 2024. The total origination value was $166,130,000, with an average loan value of $205,099.

McMinnville's average closing costs are $5,793.

The top McMinnville lender as defined by loan originations is The First National Bank of Middle Tennessee, with 27 loans originated. Their average total fees are $6,573, which is $596 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee McMinnville lenders (with over 10 loans originated) are ASCEND FEDERAL CREDIT UNION ($3,325), Citizens Tri-County Bank ($5,395), QUICKEN LOANS, LLC ($5,976), The First National Bank of Middle Tennessee ($6,573) and .

The lowest rate McMinnville lenders (with over 10 loans originated) are ASCEND FEDERAL CREDIT UNION (6.51%), Citizens Tri-County Bank (6.57%), The First National Bank of Middle Tennessee (6.66%), QUICKEN LOANS, LLC (6.90%) and .

McMinnville, TN Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
The First National Bank of Middle Tennessee $13,360,000 $17,715,000 32.6% 10.7%
QUICKEN LOANS, LLC $13,150,000 $14,150,000 7.6% 8.5%
CMG MORTGAGE, INC. $8,370,000 $7,810,000 -6.7% 4.7%
Citizens Tri-County Bank $5,705,000 $7,670,000 34.4% 4.6%
Renasant Bank $8,615,000 $7,210,000 -16.3% 4.3%
UNITED WHOLESALE MORTGAGE, LLC $3,755,000 $5,850,000 55.8% 3.5%
FIRST COMMUNITY MORTGAGE, INC. $3,760,000 $5,515,000 46.7% 3.3%
PENNYMAC LOAN SERVICES, LLC $1,355,000 $4,845,000 257.6% 2.9%
Mortgage Research Center, LLC $4,785,000 $4,750,000 -0.7% 2.9%
SeaTrust Mortgage Company $4,250,000 $4,695,000 10.5% 2.8%
Regions Bank $2,320,000 $3,510,000 51.3% 2.1%
ASCEND FEDERAL CREDIT UNION $2,445,000 $3,490,000 42.7% 2.1%
FirstBank $3,195,000 $2,650,000 -17.1% 1.6%
MORTGAGE INVESTORS GROUP, INC. $2,905,000 $2,520,000 -13.3% 1.5%
U.S. Bank $2,770,000 $2,460,000 -11.2% 1.5%
FREEDOM MORTGAGE CORPORATION $430,000 $2,400,000 458.1% 1.4%
Wilson Bank And Trust $2,675,000 $2,170,000 -18.9% 1.3%
CHURCHILL MORTGAGE CORPORATION $175,000 $1,765,000 908.6% 1.1%
BROKER SOLUTIONS, INC. $1,495,000 $1,630,000 9.0% 1.0%
NEWREZ LLC $1,545,000 n/a 0.9%
Flagstar Bank, FSB $420,000 $1,520,000 261.9% 0.9%
21ST MORTGAGE CORPORATION $1,720,000 $1,470,000 -14.5% 0.9%
NAVY FEDERAL CREDIT UNION $2,010,000 $1,330,000 -33.8% 0.8%
USAA Federal Savings Bank $1,310,000 n/a 0.8%
Citizens Bank of Lafayette $645,000 $1,280,000 98.4% 0.8%
Farm Credit Mid-America, ACA $270,000 $1,255,000 364.8% 0.8%
GUILD MORTGAGE COMPANY $730,000 $1,180,000 61.6% 0.7%
MUTUAL OF OMAHA MORTGAGE, INC. $115,000 $1,150,000 900.0% 0.7%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $1,125,000 $1,095,000 -2.7% 0.7%
GUARANTEED RATE, INC. $1,220,000 $1,060,000 -13.1% 0.6%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,055,000 n/a 0.6%
Legacy Home Loans, LLC $305,000 $1,055,000 245.9% 0.6%
Century Mortgage Company DBA Century Lending Company $185,000 $1,050,000 467.6% 0.6%
REDSTONE Federal Credit Union $330,000 $1,030,000 212.1% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $795,000 $960,000 20.8% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,380,000 $875,000 -63.2% 0.5%
AMERICAN FINANCIAL RESOURCES, INC. $820,000 n/a 0.5%
UNION HOME MORTGAGE CORP. $1,300,000 $820,000 -36.9% 0.5%
Carrington Mortgage Services, LLC $1,365,000 $810,000 -40.7% 0.5%
PNC Bank $45,000 $810,000 1,700.0% 0.5%
The Loan Store, Inc. $785,000 n/a 0.5%
JPMorgan Chase Bank $195,000 $775,000 297.4% 0.5%
Old National Bank $770,000 n/a 0.5%
NEW DAY FINANCIAL, LLC $135,000 $725,000 437.0% 0.4%
CASTLE & COOKE MORTGAGE, LLC $715,000 n/a 0.4%
Bank of England $695,000 n/a 0.4%
SWBC MORTGAGE CORPORATION $840,000 $665,000 -20.8% 0.4%
SOUTHWEST FUNDING, LP $655,000 n/a 0.4%
AmRes Corporation $295,000 $635,000 115.3% 0.4%
SOUTHWEST STAGE FUNDING, LLC $610,000 n/a 0.4%
Barrington Bank & Trust Company, N.A. $585,000 n/a 0.4%
ISERVE RESIDENTIAL LENDING, LLC $460,000 $580,000 26.1% 0.3%
AmeriHome Mortgage Company, LLC $570,000 n/a 0.3%
STOCKTON MORTGAGE CORPORATION $165,000 $570,000 245.5% 0.3%
ALAMEDA MORTGAGE CORPORATION $550,000 n/a 0.3%
NMSI, INC. $545,000 n/a 0.3%
LAKEVIEW LOAN SERVICING, LLC $115,000 $530,000 360.9% 0.3%
HOMESIDE FINANCIAL, LLC $480,000 $520,000 8.3% 0.3%
Legends Bank $420,000 $510,000 21.4% 0.3%
VAN DYK MORTGAGE CORPORATION $340,000 $500,000 47.1% 0.3%
First State Bank $495,000 n/a 0.3%
SIRVA MORTGAGE, INC. $470,000 n/a 0.3%
VILLAGE CAPITAL MORTGAGE $350,000 $460,000 31.4% 0.3%
Bell Bank $515,000 $455,000 -11.7% 0.3%
CB&S Bank, Inc. $435,000 $435,000 0.0% 0.3%
Pacific Lending LLC $410,000 n/a 0.2%
Equity Prime Mortgage LLC $335,000 $390,000 16.4% 0.2%
GVC MORTGAGE, INC. $375,000 n/a 0.2%
NBKC BANK $375,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $235,000 $370,000 57.4% 0.2%
Plains Commerce Bank $270,000 $365,000 35.2% 0.2%
The Bank of New Glarus $355,000 n/a 0.2%
MOVEMENT MORTGAGE, LLC $295,000 $345,000 16.9% 0.2%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $335,000 n/a 0.2%
Ixonia Bank $330,000 n/a 0.2%
United Community Bank $320,000 n/a 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $295,000 n/a 0.2%
CROSSCOUNTRY MORTGAGE, LLC $690,000 $285,000 -58.7% 0.2%
MID AMERICA MORTGAGE, INC. $570,000 $280,000 -50.9% 0.2%
RELIANCE FIRST CAPITAL, LLC $135,000 $280,000 107.4% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $830,000 $280,000 -66.3% 0.2%
Fifth Third Bank $275,000 n/a 0.2%
RESIDENTIAL WHOLESALE MORTGAGE, INC. $590,000 $275,000 -53.4% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $380,000 $260,000 -31.6% 0.2%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $260,000 n/a 0.2%
The Federal Savings Bank $680,000 $255,000 -62.5% 0.2%
Bank of Tennessee $440,000 $245,000 -44.3% 0.1%
LIBERTY HOME MORTGAGE CORPORATION $245,000 n/a 0.1%
Pinnacle Bank $785,000 $245,000 -68.8% 0.1%
INTERLINC MORTGAGE SERVICES, LLC $550,000 $240,000 -56.4% 0.1%
Ameris Bank $905,000 $235,000 -74.0% 0.1%
CapStar Bank $1,065,000 $235,000 -77.9% 0.1%
Nations Lending Corporation $125,000 $235,000 88.0% 0.1%
NATIONS RELIABLE LENDING, LLC $235,000 n/a 0.1%
TENNESSEE TRUST MORTGAGE, INC $235,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $225,000 n/a 0.1%
Princeton Mortgage Corporation $725,000 $225,000 -69.0% 0.1%
Wells Fargo Bank $225,000 n/a 0.1%
TJC Mortgage, Inc. $215,000 n/a 0.1%
1ST SIGNATURE LENDING, LLC $350,000 $205,000 -41.4% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $205,000 n/a 0.1%
EVERETT FINANCIAL, INC. $475,000 $195,000 -58.9% 0.1%
PHH Mortgage Corporation $195,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $95,000 $190,000 100.0% 0.1%
Figure Lending LLC $260,000 $185,000 -28.8% 0.1%
GARDNER FINANCIAL SERVICES, LTD. $185,000 n/a 0.1%
NexBank $185,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $185,000 n/a 0.1%
MILEND, INC. $320,000 $175,000 -45.3% 0.1%
Prosperity Home Mortgage, LLC $175,000 n/a 0.1%
T2 FINANCIAL LLC $305,000 $175,000 -42.6% 0.1%
American Mortgage & Equity Consultants, Inc. $165,000 n/a 0.1%
CARDINAL FINANCIAL $400,000 $165,000 -58.8% 0.1%
ENDEAVOR CAPITAL, LLC. $155,000 $165,000 6.5% 0.1%
EVANSVILLE TEACHERS $600,000 $155,000 -74.2% 0.1%
LEADERONE FINANCIAL CORPORATION $155,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $145,000 $155,000 6.9% 0.1%
KeyBank $135,000 n/a 0.1%
Citizens Bank $260,000 $125,000 -51.9% 0.1%
NORWICH COMMERCIAL GROUP, INC. $125,000 n/a 0.1%
Southern Bank of Tennessee $125,000 n/a 0.1%
Discover Bank $55,000 $120,000 118.2% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $115,000 n/a 0.1%
LOANPAL, LLC $115,000 n/a 0.1%
Bank of America $370,000 $105,000 -71.6% 0.1%
ENRICHMENT $105,000 n/a 0.1%
First Volunteer Bank $105,000 n/a 0.1%
HOMEXPRESS MORTGAGE CORP. $105,000 n/a 0.1%
NFM, INC. $105,000 n/a 0.1%
Royal Credit Union $105,000 n/a 0.1%
SPRING EQ, LLC $105,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $105,000 n/a 0.1%
ATLANTA POSTAL $85,000 n/a 0.1%
LOANDEPOT.COM, LLC $995,000 $85,000 -91.5% 0.1%
Coastal Community Bank $55,000 $70,000 27.3% 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $65,000 n/a 0.0%
TENNESSEE VALLEY $315,000 $65,000 -79.4% 0.0%
Bank of Dickson $55,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $55,000 n/a 0.0%
Truist $100,000 $55,000 -45.0% 0.0%
CIS Financial Services, Inc. $35,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $285,000 $35,000 -87.7% 0.0%

McMinnville's top lender by overall market share is The First National Bank of Middle Tennessee, with 10.7% market share. In second place, with 8.5%, is QUICKEN LOANS, LLC, having originated $14,150,000 in loans. In third place, with 4.7%, is CMG MORTGAGE, INC., having originated $7,810,000 in loans. In fourth place, with 4.6%, is Citizens Tri-County Bank, having originated $7,670,000 in loans. In fifth place, with 4.3%, is Renasant Bank, having originated $7,210,000 in loans.


McMinnville Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - McMinnville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $182,300 (48.9%) $280,673 (37.5%) 0.00 119
2018-02-01 $189,125 (44.2%) $290,380 (33.6%) 0.00 114
2018-03-01 $197,400 (65.4%) $286,217 (34.2%) 0.00 116
2018-04-01 $191,200 (51.5%) $284,010 (30.3%) 0.00 127
2018-05-01 $194,900 (45.3%) $290,202 (24.5%) 0.00 129
2018-06-01 $190,950 (41.5%) $276,310 (13.3%) 0.00 136
2018-07-01 $199,925 (33.4%) $294,114 (17.4%) 0.00 127
2018-08-01 $201,200 (28.1%) $284,237 (12.3%) 0.00 141
2018-09-01 $185,000 (19.4%) $272,848 (8.0%) 0.00 148
2018-10-01 $193,100 (18.8%) $274,616 (2.6%) 0.00 152
2018-11-01 $199,900 (12.7%) $282,686 (1.1%) 0.00 154
2018-12-01 $199,900 (2.9%) $280,774 (-2.6%) 0.00 151
2019-01-01 $199,900 (9.7%) $283,183 (0.9%) 0.00 138
2019-02-01 $197,725 (4.6%) $281,519 (-3.1%) 0.00 132
2019-03-01 $207,071 (4.9%) $283,122 (-1.1%) 0.00 119
2019-04-01 $200,846 (5.1%) $279,418 (-1.6%) 0.00 117
2019-05-01 $234,400 (20.3%) $295,143 (1.7%) 0.00 126
2019-06-01 $229,900 (20.4%) $294,880 (6.7%) 0.00 116
2019-07-01 $234,700 (17.4%) $300,246 (2.1%) 0.00 113
2019-08-01 $260,709 (29.6%) $315,042 (10.8%) 0.00 111
2019-09-01 $246,923 (33.5%) $310,047 (13.6%) 0.00 120
2019-10-01 $234,350 (21.4%) $303,744 (10.6%) 0.00 128
2019-11-01 $215,000 (7.6%) $290,941 (2.9%) 0.00 129
2019-12-01 $212,000 (6.1%) $294,831 (5.0%) 0.00 116
2020-01-01 $193,225 (-3.3%) $270,442 (-4.5%) 0.00 114
2020-02-01 $188,250 (-4.8%) $265,448 (-5.7%) 0.00 102
2020-03-01 $190,725 (-7.9%) $283,860 (0.3%) 0.00 96
2020-04-01 $194,500 (-3.2%) $288,346 (3.2%) 0.00 97
2020-05-01 $199,000 (-15.1%) $299,984 (1.6%) 0.00 98
2020-06-01 $207,450 (-9.8%) $327,104 (10.9%) 0.00 76
2020-07-01 $212,450 (-9.5%) $344,641 (14.8%) 0.00 76
2020-08-01 $229,900 (-11.8%) $347,617 (10.3%) 0.00 71
2020-09-01 $236,750 (-4.1%) $366,626 (18.3%) 0.00 74
2020-10-01 $245,000 (4.5%) $395,846 (30.3%) 0.00 64
2020-11-01 $247,450 (15.1%) $397,157 (36.5%) 0.00 69
2020-12-01 $264,613 (24.8%) $421,261 (42.9%) 0.00 62
2021-01-01 $249,500 (29.1%) $439,105 (62.4%) 0.00 56
2021-02-01 $251,888 (33.8%) $425,426 (60.3%) 0.00 50
2021-03-01 $309,800 (62.4%) $550,072 (93.8%) 0.00 39
2021-04-01 $349,900 (79.9%) $543,012 (88.3%) 0.00 34
2021-05-01 $339,000 (70.4%) $494,339 (64.8%) 0.00 42
2021-06-01 $299,900 (44.6%) $484,450 (48.1%) 0.00 53
2021-07-01 $292,200 (37.5%) $397,518 (15.3%) 0.00 68
2021-08-01 $312,400 (35.9%) $426,042 (22.6%) 0.00 77
2021-09-01 $347,400 (46.7%) $452,816 (23.5%) 0.00 76
2021-10-01 $329,900 (34.7%) $426,689 (7.8%) 0.00 82
2021-11-01 $256,980 (3.9%) $347,336 (-12.5%) 0.00 85
2021-12-01 $259,900 (-1.8%) $332,613 (-21.0%) 0.00 76
2022-01-01 $272,450 (9.2%) $331,728 (-24.5%) 0.00 70
2022-02-01 $287,175 (14.0%) $378,377 (-11.1%) 0.00 58
2022-03-01 $297,100 (-4.1%) $370,372 (-32.7%) 0.00 60
2022-04-01 $299,900 (-14.3%) $406,669 (-25.1%) 0.00 70
2022-05-01 $306,200 (-9.7%) $437,925 (-11.4%) 0.00 71
2022-06-01 $308,675 (2.9%) $513,237 (5.9%) 0.00 101
2022-07-01 $298,000 (2.0%) $519,254 (30.6%) 0.00 117
2022-08-01 $319,604 (2.3%) $519,781 (22.0%) 0.00 118
2022-09-01 $321,150 (-7.6%) $511,639 (13.0%) 0.00 124
2022-10-01 $344,900 (4.6%) $522,023 (22.3%) 0.00 132
2022-11-01 $307,475 (19.7%) $470,818 (35.6%) 0.00 164
2022-12-01 $310,000 (19.3%) $463,081 (39.2%) 0.00 148
2023-01-01 $309,450 (13.6%) $447,998 (35.1%) 0.00 143
2023-02-01 $307,400 (7.0%) $419,175 (10.8%) 0.00 138
2023-03-01 $313,975 (5.7%) $404,049 (9.1%) 0.00 120
2023-04-01 $344,900 (15.0%) $428,762 (5.4%) 0.00 122
2023-05-01 $372,425 (21.6%) $448,104 (2.3%) 0.00 119
2023-06-01 $376,150 (21.9%) $452,628 (-11.8%) 0.00 127
2023-07-01 $356,200 (19.5%) $503,772 (-3.0%) 0.00 127
2023-08-01 $359,675 (12.5%) $494,398 (-4.9%) 0.00 133
2023-09-01 $349,700 (8.9%) $478,377 (-6.5%) 0.00 148
2023-10-01 $345,900 (0.3%) $466,752 (-10.6%) 0.00 155
2023-11-01 $343,749 (11.8%) $460,674 (-2.2%) 0.00 158
2023-12-01 $344,999 (11.3%) $459,111 (-0.9%) 0.00 148
2024-01-01 $347,600 (12.3%) $453,389 (1.2%) 0.00 140
2024-02-01 $327,425 (6.5%) $436,010 (4.0%) 0.00 131
2024-03-01 $325,000 (3.5%) $434,148 (7.5%) 0.00 141
2024-04-01 $333,625 (-3.3%) $431,744 (0.7%) 0.00 160
2024-05-01 $329,950 (-11.4%) $419,013 (-6.5%) 0.00 176
2024-06-01 $325,000 (-13.6%) $415,649 (-8.2%) 0.00 190
2024-07-01 $331,150 (-7.0%) $411,826 (-18.3%) 0.00 193
2024-08-01 $325,000 (-9.6%) $403,042 (-18.5%) 0.00 191
2024-09-01 $325,000 (-7.1%) $400,238 (-16.3%) 0.00 198
2024-10-01 $329,900 (-4.6%) $400,422 (-14.2%) 0.00 207
2024-11-01 $330,000 (-4.0%) $405,812 (-11.9%) 0.00 224
2024-12-01 $332,225 (-3.7%) $403,101 (-12.2%) 0.00 210
2025-01-01 $347,650 (0.0%) $414,060 (-8.7%) 0.00 202
2025-02-01 $333,300 (1.8%) $399,755 (-8.3%) 0.00 210
2025-03-01 $335,000 (3.1%) $399,772 (-7.9%) 0.00 200
McMinnville's median listing price for 2025-03-01 was $335,000, a difference of $10,000 (3.1%) versus the prior year and $1,700 versus the prior month.

McMinnville's median listing price comes in at 0% of the national average.

McMinnville's average listing price for 2025-03-01 was $399,772, a difference of $-34,376 (-7.9%) versus the prior year and $17 versus the prior month.

For the 2025-03-01 period, McMinnville had 200 MLS listings, a difference of -10 listings (-5%) versus the prior month and 59 listings (42%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - McMinnville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,870 sqft
2018-02-01 0 days 1,869 sqft
2018-03-01 0 days 1,908 sqft
2018-04-01 0 days 1,945 sqft
2018-05-01 0 days 1,888 sqft
2018-06-01 0 days 1,832 sqft
2018-07-01 0 days 1,928 sqft
2018-08-01 0 days 1,916 sqft
2018-09-01 0 days 1,730 sqft
2018-10-01 0 days 1,720 sqft
2018-11-01 0 days 1,816 sqft
2018-12-01 0 days 1,864 sqft
2019-01-01 0 days 1,918 sqft
2019-02-01 0 days 2,019 sqft
2019-03-01 0 days 1,912 sqft
2019-04-01 0 days 1,831 sqft
2019-05-01 0 days 2,028 sqft
2019-06-01 0 days 2,074 sqft
2019-07-01 0 days 2,071 sqft
2019-08-01 0 days 2,201 sqft
2019-09-01 0 days 2,176 sqft
2019-10-01 0 days 2,153 sqft
2019-11-01 0 days 2,021 sqft
2019-12-01 0 days 1,988 sqft
2020-01-01 0 days 1,814 sqft
2020-02-01 0 days 1,809 sqft
2020-03-01 0 days 1,811 sqft
2020-04-01 0 days 1,776 sqft
2020-05-01 0 days 1,795 sqft
2020-06-01 0 days 1,820 sqft
2020-07-01 0 days 1,869 sqft
2020-08-01 0 days 1,930 sqft
2020-09-01 0 days 1,862 sqft
2020-10-01 0 days 1,840 sqft
2020-11-01 0 days 1,878 sqft
2020-12-01 0 days 1,920 sqft
2021-01-01 0 days 1,924 sqft
2021-02-01 0 days 1,920 sqft
2021-03-01 0 days 2,127 sqft
2021-04-01 0 days 2,182 sqft
2021-05-01 0 days 2,055 sqft
2021-06-01 0 days 1,821 sqft
2021-07-01 0 days 1,762 sqft
2021-08-01 0 days 1,829 sqft
2021-09-01 0 days 1,919 sqft
2021-10-01 0 days 1,892 sqft
2021-11-01 0 days 1,608 sqft
2021-12-01 0 days 1,710 sqft
2022-01-01 0 days 1,758 sqft
2022-02-01 0 days 1,849 sqft
2022-03-01 0 days 1,849 sqft
2022-04-01 0 days 1,691 sqft
2022-05-01 0 days 1,575 sqft
2022-06-01 0 days 1,762 sqft
2022-07-01 0 days 1,743 sqft
2022-08-01 0 days 1,877 sqft
2022-09-01 0 days 1,822 sqft
2022-10-01 0 days 1,924 sqft
2022-11-01 0 days 1,848 sqft
2022-12-01 0 days 1,825 sqft
2023-01-01 0 days 1,777 sqft
2023-02-01 0 days 1,794 sqft
2023-03-01 0 days 1,778 sqft
2023-04-01 0 days 1,846 sqft
2023-05-01 0 days 1,924 sqft
2023-06-01 0 days 1,949 sqft
2023-07-01 0 days 1,929 sqft
2023-08-01 0 days 1,919 sqft
2023-09-01 0 days 1,819 sqft
2023-10-01 0 days 1,805 sqft
2023-11-01 0 days 1,723 sqft
2023-12-01 0 days 1,739 sqft
2024-01-01 0 days 1,712 sqft
2024-02-01 0 days 1,690 sqft
2024-03-01 0 days 1,660 sqft
2024-04-01 0 days 1,632 sqft
2024-05-01 0 days 1,649 sqft
2024-06-01 0 days 1,662 sqft
2024-07-01 0 days 1,640 sqft
2024-08-01 0 days 1,600 sqft
2024-09-01 0 days 1,647 sqft
2024-10-01 0 days 1,733 sqft
2024-11-01 0 days 1,766 sqft
2024-12-01 0 days 1,740 sqft
2025-01-01 0 days 1,784 sqft
2025-02-01 0 days 1,716 sqft
2025-03-01 0 days 1,712 sqft
McMinnville's median listing age (time on market) for 2025-03-01 was 0 days.

McMinnville's median square footage for active listings during the 2025-03-01 period was 1,712 sqft. One year prior, the average listing was 1,660 sqft.

McMinnville, TN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 451 $109,175,000 $242,073
Refi 132 $24,180,000 $183,182
Cash Out Refi 126 $24,990,000 $198,333
Other 55 $4,145,000 $75,364
Home Improvement 46 $3,640,000 $79,130

Mcminnville's most frequently cited loan purpose was Home Purchase, with 451 originations. The 2nd most popular reason was Refi, with 132 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 354 $85,450,000 $241,384
Over 8% 131 $14,485,000 $110,573
5-6% 125 $32,005,000 $256,040
7-8% 100 $21,620,000 $216,200
4-5% 7 $2,055,000 $293,571
<2.5% 1 $5,000 $5,000
3-4% 1 $85,000 $85,000

During 2024, Mcminnville's most frequently originated rate bucket was 6-7%, with 354 originations.

Loan Sizing (McMinnville, TN MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 349 $93,595,000 $268,181
$100k-200k 235 $35,545,000 $151,255
$100,000 or less 174 $8,500,000 $48,851
$400k-600k 38 $17,930,000 $471,842
$600k-1000k 12 $8,220,000 $685,000
$Over $1MM 2 $2,340,000 $1,170,000

McMinnville's loan sizing saw the bucket of loans from $200k-400k with 349 originations, totaling $93,595,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 344 $90,050,000 $261,773
60-80% 137 $33,115,000 $241,715
Under 20% 73 $2,665,000 $36,507
40-60% 71 $14,055,000 $197,958
20-40% 66 $6,790,000 $102,879
Over 100% 17 $5,375,000 $316,176

McMinnville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 344 originations, totaling $90,050,000 in origination value.