McMinnville, OR Real Estate
According to census data in the year 2000 there were 9,832 housing units in McMinnville.
This represents a 45.1% growth from 6,778 in 1990.
Of those housing units, 9,717 were located in either urbanized areas or urban clusters, and 115 were located in what is classified as a rural area.
Homeownership rate in McMinnville is about 60.7%.
McMinnville's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in McMinnville were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 11.60% |
| Two Bedrooms | 30.70% |
| Three Bedrooms | 45% |
| Four Bedrooms | 9.20% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $140,000 |
| Median Price asked for vacant units | $155,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $558 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 8% |
| Home Equity Loan | 8.30% |
| Simple Mortgage | 58.40% |
| Debt Free | 25.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
