Updated May 2026 · Redfin · 3-month window
97038 Real Estate Market Update: Molalla, OR, May 2026
The latest housing-market numbers for ZIP code 97038 in Molalla, Oregon, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $496K | ▲ +0.1% | ▲ +3.4% |
| Days on market | 23 | ▼ -39.5% | ▼ -28.1% |
| Homes for sale | 41 | • 0.0% | ▲ +36.7% |
| Sale-to-list | 99.6% | • 0.0% | ▼ -0.1% |
| Homes sold | 36 | ▲ +12.5% | ▼ -2.7% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 97038 numbers say
Prices in Molalla's 97038 ZIP are still climbing. The median sale price reached $496,200, up 3.4% year over year. Homes here move fast: a typical listing goes under contract in about 23 days, and sellers are getting 99.6% of list price.
Based on 36 recent sales, 97038 is currently an active market.
What this means if you sell in 97038
Use these figures to set expectations early. Lead a listing appointment with the median price and the 23-day pace, show the year-over-year direction, and frame 97038 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Molalla post →Frequently asked: the 97038 housing market
- What is the median home price in ZIP 97038 (Molalla, OR)?
- As of May 2026, the median sale price in ZIP 97038 is $496,200 (+3.4% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 97038 a buyer's or seller's market right now?
- ZIP 97038 is currently an active market, based on a 99.6% sale-to-list ratio, about 23 days on market for May 2026.
- How long do homes take to sell in ZIP 97038?
- A typical listing in 97038 goes under contract in about 23 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 97038 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.