Market reports → Molalla 97038
Updated May 2026 · Zillow + Redfin data
Molalla 97038, by the numbers.
Clackamas County, OR. What homes are worth here, how fast they move, and what that means if you are buying or selling.
What this means
Inventory in 97038 is thin (41 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 23 days, which is at a moderate pace. Sellers are getting about 99.6% of asking price, and 39% of sales close above list.
Straight answers
97038 questions, answered.
What is the typical home value in 97038?
Zillow's home value index puts the typical Molalla 97038 home at $498,745 as of May 2026.
How fast do homes sell in 97038?
The median time to pending in Molalla 97038 is 23 days, based on Redfin sales data through May 2026.
Is 97038 a buyer's or seller's market right now?
Inventory in 97038 is thin (41 homes on the market at last count), so well-prepared listings get outsized attention. Homes are going under contract in a median of 23 days, which is at a moderate pace. Sellers are getting about 99.6% of asking price, and 39% of sales close above list.
What do homes sell for per square foot in 97038?
The median sale price is $496,200, which works out to about $310 per square foot.
Sources: Zillow Home Value Index and Redfin market data through May 2026. Figures refresh as new data lands.
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