Zip 97038 (Molalla, OR) Housing

The housing market in Molalla, OR (97038) is performing slightly below the national average. The median value for a home in Molalla is $474,000, which is significantly higher than the US median of $338,100. While the US housing market has seen an 8.27% appreciation rate over the past year, Molalla's appreciation rate was 6.12%. This indicates that the housing market in Molalla is still stable but appreciating at a slower rate than the national average.

The median home cost in Molalla (zip 97038) is $474,000. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Molalla (zip 97038) is up 12.2%.

Average Age of Homes

- The median age of Molalla (zip 97038) real estate is 30 years old

The Rental Market in Molalla (zip 97038)

- Renters make up 26.8% of the Molalla (zip 97038) population
- 0.4% of houses and apartments in Molalla (zip 97038), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Molalla, Oregon	United States
	6,182.0	139,647,020.0
	31	42
	$474,000	$338,100
	12.2%	16.6%
	53.0%	57.0%
	140.8%	101.1%
	$8.15	$10.98
	$2,931	$2,690
	69.4%	57.4%
	3.3%	11.2%
	27.3%	31.4%
Vacant Housing
	0.4%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	1.7%	3.6%
	0.7%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	1.3%	2.4%
	1.5%	2.8%
	0.7%	3.9%
	0.4%	4.5%
	3.2%	11.3%
	1.5%	13.0%
	19.1%	20.1%
	35.2%	13.6%
	15.7%	8.3%
	12.7%	9.7%
	4.9%	3.9%
	1.7%	2.2%
	0.0%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	24.1%	13.6%
	24.1%	13.6%
	20.5%	13.6%
	9.6%	13.2%
	14.6%	14.8%
	20.5%	13.6%
	4.0%	10.0%
	7.1%	4.7%
	11.6%	12.2%

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