Population: 16,423 · Density: 48.5/mi² · Median household income: $84,456
Typical home value: $418,469 · Homeownership: 68.0%
Data as of January 2026. Source: Realtor.com.
The MOLALLA, OR real estate market (97038) currently shows 42 active listings, with 11 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 69 days on market compared to 56 days last year.
The median listing price has fallen 7.2% year-over-year, from $586,950 to $544,900.
Whether you are buying or selling in MOLALLA, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97038 | Molalla, OR 97038 | 0.0 mi | 42 | $27,889,134 | $544,900 | $664,027 |
| 97042 | Mulino, OR 97042 | 8.4 mi | 5 | $6,421,750 | $1,167,500 | $1,284,350 |
| 97362 | Mount Angel, OR 97362 | 10.6 mi | 10 | $7,252,500 | $549,000 | $725,250 |
| 97004 | Beavercreek, OR 97004 | 12.4 mi | 13 | $18,654,935 | $1,395,000 | $1,434,995 |
| 97032 | Hubbard, OR 97032 | 13.1 mi | 7 | $3,496,920 | $488,000 | $499,560 |
| 97002 | Aurora, OR 97002 | 16.0 mi | 19 | $29,244,933 | $857,500 | $1,539,207 |
| 97385 | Sublimity, OR 97385 | 17.4 mi | 14 | $11,320,260 | $749,000 | $808,590 |
| 97070 | Wilsonville, OR 97070 | 18.6 mi | 99 | $85,783,698 | $694,450 | $866,502 |
| 97026 | Gervais, OR 97026 | 19.0 mi | 8 | $7,057,976 | $814,500 | $882,247 |
| 97358 | Lyons, OR 97358 | 20.6 mi | 12 | $7,558,500 | $572,500 | $629,875 |
| 97022 | Eagle Creek, OR 97022 | 21.0 mi | 8 | $9,017,336 | $1,100,000 | $1,127,167 |
| 97317 | Salem, OR 97317 | 21.4 mi | 55 | $41,622,570 | $694,000 | $756,774 |
| 97062 | Tualatin, OR 97062 | 22.0 mi | 58 | $36,283,872 | $594,000 | $625,584 |
As of January 2026, there are 42 active listings in MOLALLA, OR (zip code 97038), compared to 38 the prior year.
The median listing price in MOLALLA, OR 97038 is $544,900 as of January 2026, a 7.2% decrease from $586,950 the prior year.
Homes in MOLALLA, OR 97038 spend an average of 69 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MOLALLA, OR 97038 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in MOLALLA, OR 97038 save an estimated $10,898 compared to a typical 5% commission on the median listing price of $544,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.