97038 Home Values & Market Trends
There are 15 homes currently listed for 97038. 97038 real estate market trends show that home prices range from $249,000 to $974,000, and the median sales price in the 97038 zip code is $440,288.73. The total number of properties sold within the past twelve months is 158. In 97038, 6 properties are in foreclosure, 0 are bank owned properties,and 4 are headed for auction.
97038 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Molalla | $ 505,000 $ 276/sqft |
Housing Market Summary for 97038
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $457.4K | $424.2K | -7.25% |
| Median Sold Price | $445K | $424.2K | -4.67% |
| Homes For Sale | 22 | 12 | -45.45% |
| Homes Sold | 100 | 86 | -14.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 97038
Browse Homes in 97038
The median list price of a home in Molalla, is $440,288.73. A total of 15 properties are for sale, and the percentage of properties for sale in the zip code is 15.00%. The total count of 97038 properties is 4,331.
- Pre-ForeclosurePre-foreclosure homes account for 0.05% of all residential properties in 97038 with molalla containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 97038; of that cities, the estimated home value for pre-foreclosure homes ranges from $504,500 in molalla to the lowest home value of $308,401 in molalla.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 97038 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 97038. There is 1 cities within 97038; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmolalla has 4 auction properties, the highest number of properties going to auction in a single city in the state of 97038. Auction homes and other auction properties account for 0.09% of all properties in 97038. There is 1 cities within 97038; of that cities, the median estimated home value for homes going to auction ranges from $550,575 in molalla to the lowest value of $315,782 in molalla.
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Guide for 97038
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.