Molalla, OR housing market
The typical Molalla home is worth about $492,000, about the same as a year ago, close to the Oregon typical home. Homes typically sell in 7 days, a little above asking.
Home values, sales, trends and how Molalla compares with the towns next door — updated as new data is published.
Molalla at a glance
A seller's market
Supply is tight — about 3.3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Molalla | Oregon |
|---|---|---|
| 2017 | $300,000 | $313,000 |
| 2018 | $323,000 | $337,000 |
| 2019 | $346,000 | $354,000 |
| 2020 | $363,000 | $369,000 |
| 2021 | $404,000 | $411,000 |
| 2022 | $475,000 | $480,000 |
| 2023 | $478,000 | $490,000 |
| 2024 | $479,000 | $495,000 |
| 2025 | $493,000 | $504,000 |
| 2026 | $496,000 | $500,000 |
| August 2026 | $492,000 | $496,000 |
No new homes permitted in 2021
No permits for new homes were issued in Molalla in 2021. The last year with any was 2013 (19 new homes).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 19 | 19 | 0 | $3.6 million |
| 2012 | 21 | 21 | 0 | $4 million |
| 2011 | 14 | 14 | 0 | $2.7 million |
| 2010 | 15 | 15 | 0 | $2.9 million |
| 2009 | 16 | 16 | 0 | $3.1 million |
| 2008 | 27 | 27 | 0 | $5.2 million |
| 2007 | 55 | 55 | 0 | $10.6 million |
| 2006 | 82 | 82 | 0 | $15.6 million |
| 2005 | 99 | 99 | 0 | $19.8 million |
| 2004 | 148 | 148 | 0 | $25.7 million |
| 2003 | 70 | 70 | 0 | $10.4 million |
| 2002 | 42 | 42 | 0 | $6.8 million |
| 2001 | 40 | 40 | 0 | $6.8 million |
| 2000 | 43 | 43 | 0 | $6.2 million |
Molalla's permit office didn't report to the Census in 2021, so the 2021 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
5.5 years of income
The typical Molalla home costs about 5.5 years of the town's median household income, less than across Oregon (6 years).
How Molalla ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,800
HUD's Fair Market Rent for a two-bedroom in Molalla is $1,800 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Molalla pay a median of $1,654. A two-bedroom takes about 24% of the town's median household income.
Studio $1,470 · 4 bedrooms $2,900
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97038; Portland-Vancouver-Hillsboro, OR-WA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
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.