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Housing in Molena

A typical Molena home is worth about $319,000

Up 4.3% in a year, close to the Georgia typical home.

Typical home value
$319K
▲ 4.3% in a year · GA $331K
Zillow
Median sale price
$355K
May 2026 · Redfin
Homes sold
1
in May · 1 for sale
2-bedroom rent
$1,460
a month, utilities in · HUD
Median tax bill
$1,052
GA $2,341

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Molena?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

83% of Molena households own their home

Half of Molena’s homes were built before 1938.

Owners and renters
Own 83%Rent 17%

Georgia: 66% own.

1938
typical home built · GA 1992
$1,052
median property tax bill · GA $2,341

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Price trend

Up 29.3% in five years

Faster than Georgia (22.2%).

MolenaGeorgia
$100K$150K$200K$250K$300K$350K20182020202220242026
Show as a table
JanuaryMolenaGeorgia
2017$147,000$172,000
2018$160,000$186,000
2019$176,000$202,000
2020$188,000$215,000
2021$219,000$240,000
2022$264,000$292,000
2023$275,000$323,000
2024$296,000$334,000
2025$309,000$339,000
2026$313,000$332,000
August 2026$319,000$331,000
Then & now

A typical Molena home worth $143K in September 2016 is worth about $319K today.

+$176K
+4.3%
past year
+29.3%
past 5 years
+122.9%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Affordability

A typical home costs 8 years of income

More than across Georgia (4.3 years). Try your own numbers below.

You could afford about
$159,000
Typical Molena home $319K

That’s $160K short of a typical Molena home.

The typical home, each month
$1,880
Loan $1,580Tax $210Insurance $90

A two-bedroom rents for about $1,460 a month here, $420 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Georgia typical property tax (0.77% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,460

Renters already here pay a median of $1,458.

Fair Market Rent a month, utilities included

Studio$1,260
1 bedroom$1,330
2 bedrooms$1,460
3 bedrooms$1,800
4 bedrooms$2,040
17%
of households rent · GA 34%
26
renter households
$1,458
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

No new homes permitted in 2012

No permits for new homes were issued in Molena in 2012. The last year with any was 2008 (1 new home).

Single-family
01234 200020052010
0
new homes permitted in 2012
8
homes in the past 10 years
Every year as a table
YearNew homesSingle-family2+ per buildingValue
2012000—
2011000—
2010000—
2009000—
2008110$25,000
2007000—
2006000—
2005000—
2004330$390,000
2003440$363,000
2002220$395,000
2001440$336,000
2000000—

Molena's permit office didn't report to the Census in 2012, so the 2012 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

On the market in Molena

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Molena buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Molena still affordable for young families?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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