97038 — Molalla, OR home prices
ZIP 97038 is flat, mid-priced.
Momentum-0.2%Flat
Vs typical+7%Around average
Rental yield4.5%Low yield
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2000: $174,151 → today: $498,746 (2.9×)
Typical home value
$498,746
Zillow ZHVI
Since 2000
+186%
Rank in OR
#125
of 339 ZIPs
Median rent
$1,859/mo
4.5% gross yield
Market read
At $498,746, ZIP 97038 in Molalla is 7% above the typical OR ZIP ($464,685), ranking #125 of 339.
It sits in Clackamas County — see full county data →.
Home value history
Zillow ZHVI, yearly.
Frequently asked questions
What is the average home value in ZIP code 97038?
The typical home in ZIP 97038 (Molalla, OR) is worth $498,746 — 7% above the typical OR ZIP ($464,685).
How have home prices in 97038 changed since 2000?
Home values in ZIP 97038 are +186% versus 2000.
What is the rental yield in ZIP 97038?
Median rent is $1,859/mo, about a 4.5% gross yield.
What county is ZIP 97038 in?
ZIP 97038 is in Clackamas County.
| Year | ZIP 97038 home value |
|---|---|
| 2000 | $174,151 |
| 2001 | $177,036 |
| 2002 | $180,744 |
| 2003 | $188,328 |
| 2004 | $204,738 |
| 2005 | $241,219 |
| 2006 | $274,796 |
| 2007 | $286,966 |
| 2008 | $256,287 |
| 2009 | $234,558 |
| 2010 | $219,187 |
| 2011 | $190,356 |
| 2012 | $189,164 |
| 2013 | $212,584 |
| 2014 | $233,366 |
| 2015 | $265,832 |
| 2016 | $299,533 |
| 2017 | $323,016 |
| 2018 | $346,175 |
| 2019 | $362,249 |
| 2020 | $400,715 |
| 2021 | $473,363 |
| 2022 | $485,717 |
| 2023 | $483,605 |
| 2024 | $496,471 |
| 2025 | $499,871 |
| 2026 | $498,746 |