Call or Text (240) SELL-123

MOLALLA, OR 97038

Real Estate Market Report  ·  Clackamas County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MOLALLA, OR real estate market (97038) currently shows 46 active listings, with 16 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 56 days on market compared to 57 days last year.

The median listing price has fallen 7.6% year-over-year, from $589,450 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MOLALLA, OR 97038 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 16,423  ·  Density: 48.5/mi²  ·  Median household income: $84,456

Typical home value: $418,469  ·  Homeownership: 68.0%

Market Overview

Active Listings
46
⇧ 4.5% vs 44 last year
Pending
16
35% pending ratio
Median Price
$544,900
⇩ 7.6% vs $589,450 last year
Average Price
$717,265
⇧ 3% vs $696,617 last year
Days on Market
56
⇩ 1.8% vs 57 days last year

Price Per Square Foot

Median $/sqft
$306
⇩ 1.6% vs $311/sqft last year
Median Home Size
1,871 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 44 last year
  • Days on market: 56 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $544,900 (-7.6% YoY)
  • Average: $717,265 (+3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.0 miles — 398 listings ($325,573,336 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97038Molalla, OR 970380.0 mi50$34,109,700$558,900$682,194
97042Mulino, OR 970428.4 mi7$8,600,760$1,125,000$1,228,680
97362Mount Angel, OR 9736210.6 mi12$8,989,500$652,500$749,125
97004Beavercreek, OR 9700412.4 mi12$16,396,968$1,287,325$1,366,414
97032Hubbard, OR 9703213.1 mi8$4,082,392$497,000$510,299
97002Aurora, OR 9700216.0 mi18$30,283,542$950,000$1,682,419
97385Sublimity, OR 9738517.4 mi17$13,145,709$690,500$773,277
97070Wilsonville, OR 9707018.6 mi108$87,958,656$643,700$814,432
97026Gervais, OR 9702619.0 mi9$6,829,488$648,500$758,832
97358Lyons, OR 9735820.6 mi17$11,402,002$712,500$670,706
97022Eagle Creek, OR 9702221.0 mi8$7,994,112$981,500$999,264
97317Salem, OR 9731721.4 mi61$45,274,444$628,000$742,204
97062Tualatin, OR 9706222.0 mi71$50,506,063$574,850$711,353

Frequently Asked Questions

How many homes are for sale in MOLALLA, OR 97038?

As of March 2026, there are 46 active listings in MOLALLA, OR (zip code 97038), compared to 44 the prior year.

What is the median home price in MOLALLA, OR 97038?

The median listing price in MOLALLA, OR 97038 is $544,900 as of March 2026, a 7.6% decrease from $589,450 the prior year.

How long do homes stay on the market in MOLALLA, OR?

Homes in MOLALLA, OR 97038 spend an average of 56 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in MOLALLA, OR 97038?

Based on current inventory and days-on-market data as of March 2026, MOLALLA, OR 97038 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 56 days on market compared to 57 days last year.

How much can I save on real estate commission in MOLALLA, OR?

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.