Molalla, OR Home Values & Market Trends

Real estate market trends reflect that there have been 158 transactions over the past year in Molalla. The median value for residential home transactions that occurred over the previous year is $440,178.96. The number of current listings in Molalla is 15, and the percentage of properties for sale in the city is 15.00%. Molalla, OR currently has 6 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 15 properties for sale.

Molalla, OR Real Estate Market Overview

ZipMedian Est. Value
97038

$ 505,000

$ 276/sqft

Housing Market Summary for Molalla, OR

Apr 2023March 2024Change
Median Listing Price$457.4K$424.2K-7.25%
Median Sold Price$445K$424.2K-4.67%
Homes For Sale2212-45.45%
Homes Sold10086-14.00%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Molalla, OR

Molalla home values range from $87,852 to $3,479,145. The median estimated value of a home in Molalla is $440,178.96. The median list price of a home is 499,000, and the total count of properties in the city is 4,331.

Foreclosure
There is 1 zips within Molalla, OR; within this zips, the median estimated home value for homes in foreclosure ranges from $550,575 in 97038 to the lowest value of $308,401 in 97038. Foreclosure homes account for 0.00% of properties in Molalla, OR with 97038 containing 6 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Molalla, OR with 97038 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Molalla, OR; of that zips, the estimated home value for pre-foreclosure homes ranges from $504,500 in 97038 to the lowest home value of $308,401 in 97038.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Molalla, OR ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Molalla, OR. There is 1 zips within Molalla, OR; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    97038 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Molalla, OR. Auction homes and other auction properties account for 0.09% of all properties in Molalla, OR. There is 1 zips within Molalla, OR; of that zips, the median estimated home value for homes going to auction ranges from $550,575 in 97038 to the lowest value of $315,782 in 97038.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.35% of residential properties in Molalla, OR with 97038 containing 15 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Molalla, OR; homes for sale in that zips, have a range of median values from $976,681 in 97038 to the lowest value of $370,288 in 97038.
    Sold Homes
    The median value for recently sold homes ranges from $1,598,190 in 97038 to the lowest price of $239,790 in 97038. There is 1 zips within Molalla, OR. 97038 has 93 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.15% of properties in Molalla, OR.

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      Guide for Molalla, OR

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      A home foreclosure
      Foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      New York
      San Antonio Real Estate Market Report – April 2024
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      A home foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Foreclosure|posted 30 April 2024

      What is the impact on nearby house values of a foreclosed home?

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      San Antonio Real Estate Market Report – April 2024
      New York|posted 26 April 2024

      The San Antonio real estate market in 2024 is experiencing a slight decline in average property values, an increase in value per square foot, and a decrease in sales volume.

      Recently Listed Homes Molalla, OR

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