Molalla appreciation rates and housing market information

Molalla housing market information

With 5,543 people, 2,052 houses or apartments, and a median cost of homes of $283,212, Molalla real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Molalla, accounting for 60.53% of the city's housing units. Other types of housing that are prevalent in Molalla include duplexes, homes converted to apartments, or other small apartment buildings (12.18%), mobile homes or trailers (11.79%), large apartment complexes or high rise apartments (11.65%), and a few row houses and other attached homes (3.02%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Molalla. Owner-occupied housing accounts for 65.84% of Molalla's homes, and 55.02% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Molalla built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Molalla built from 1995 and later (32.02%). A lesser amount of the housing stock also hails from 1940-1969 (20.37%), and some were built from 1939 and earlier (20.37%).

Molalla home appreciation rates

In the last 10 years, Molalla has experienced some of the highest home appreciation rates of any community in the nation. Molalla real estate appreciated 145.87% over the last ten years, which is an average annual home appreciation rate of 14.58%, putting Molalla in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Molalla definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Molalla home appreciation rates, at 0.93%, have been at or slightly above the national average. In the latest quarter, Molalla's appreciation rate has been 0.64%, which annualizes to a rate of 2.56%.

Relative to Oregon, our data show that Molalla's latest annual appreciation rate is higher than 86% of the other cities and towns in Oregon.