Market Overview
Home Prices in Molalla, OR
The median home value in Molalla, OR is $500,991 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.4% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Molalla are priced22% above average. Molalla is part of the Portland-Vancouver-Hillsboro, OR-WA metro area.
Over the past five years, Molalla home values have risen by approximately12.6%, reflecting steady appreciation in this market.
Price History
Molalla Home Price Trend
City Comparison
Molalla vs. National Median
At $500,991, homes in Molalla cost 22% above the national median of $410,000. Buyers in Molalla should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Molalla?
20% Down Payment
$100,198
on $500,991
Monthly P&I
$2,613/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,319/mo
incl. taxes & insurance
Income Needed
$132,760
gross annual (30% rule)
10% Down Option
$50,099
+ PMI applies
Loan Amount (20% dn)
$400,793
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Molalla, OR?
The median home value in Molalla is $500,991 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.4% year-over-year.
How much have home prices changed in Molalla?
Over the past year, home values in Molalla have increased by 0.4%. Over five years, prices have risen approximately 12.6%.
How much do I need to earn to buy a home in Molalla?
To comfortably afford the median home price of $500,991 with a 20% down payment ($100,198) at today's rates (6.8%), you'd need a gross annual income of approximately $132,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Molalla compare to the national average home price?
The national median home value is approximately $410,000. At $500,991, homes in Molalla are 22% above the national average.
What metro area is Molalla part of?
Molalla is part of the Portland-Vancouver-Hillsboro, OR-WA metropolitan area. Home prices and market conditions can vary across the broader metro region.