Molalla, OR is a thriving community with a median house value of $478,600. This is significantly higher than the US median house value of $338,100, which shows that Molalla is an attractive area to live. In addition, the 1 year appreciation rate for houses in Molalla is 6.12% which is slightly lower than the national average of 8.27%. This suggests that properties in Molalla have been holding their market value well and are likely to continue to do so into the future. Overall, it appears that housing in Molalla provides a great opportunity for long-term investment potential as well as being a desirable place to live.
The median home cost in Molalla is $478,600. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Molalla is up 12.2%.
Average Age of Homes
- The median age of Molalla real estate is 21 years old
The Rental Market in Molalla
- Renters make up 30.5% of the Molalla population
- 0.7% of houses and apartments in Molalla, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.