97038 Home Values & Market Trends
There are 294 homes currently listed for 97038. 97038 real estate market trends show that home prices range from $39,500 to $2,495,000, and the median sales price in the 97038 zip code is $518,578. The total number of properties sold within the past twelve months is 207. In 97038, 15 properties are in foreclosure, 6 are bank owned properties,and 9 are headed for auction.
97038 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Molalla | $ 518,578 $ 309/sqft |
Housing Market Summary for 97038
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $492.5K | $532K | 8.02% |
| Median Sold Price | $450.5K | $489.1K | 8.57% |
| Homes For Sale | 184 | 286 | 55.43% |
| Homes Sold | 55 | 70 | 27.27% |
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 $518,578. A total of 294 properties are for sale, and the percentage of properties for sale in the zip code is 294.00%. The total count of 97038 properties is 402.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 97038 with $[pre-foreclosures-highest-count-region] containing 0 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 $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 97038 ranges from the highest value of $668,568 in molalla to the lowest value of $428,278 in molalla. Bank owned homes and properties account for 1.49% of properties in 97038. There is 1 cities within 97038; molalla containing 6 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmolalla has 9 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 2.24% 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 $702,854 in molalla to the lowest value of $342,579 in molalla.
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More Real Estate Resources for 97038
Guide for 97038
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.