Foreclosure Homes in Molalla, OR 97038

Current Market Conditions in Molalla, OR

The real estate market in Molalla has been experiencing a steady rise in home values over the past year, driven by the increasing demand for affordable housing in the area. With more first-time buyers entering the market, homes are selling quickly, often above asking price, as buyers compete for limited inventory.

Molalla's unique appeal as a quiet, family-friendly town with easy access to larger cities has made it a popular choice for remote workers and families alike. This interest has resulted in a surge of new construction projects and renovations to accommodate the growing population and their needs.

Rent Prices In Molalla, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Molalla, OR, is on a rollercoaster ride. The average rent price in Molalla, OR, is $1,328.00. Indeed, when looking to rent in Molalla, OR, you can expect to pay as little as $670.00 or as much as $2,800.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Molalla, OR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.