97038
Molalla, Oregon.
Molalla, Clackamas County, OR · Portland-Vancouver-Hillsboro, OR-WA metro · population 16,440
to buy the typical home at today's mortgage rate — +$1,248 (+96%) since Jan 2020.
- 1 year
- Up $687 +0%
- $485,860$486,547 since Sep 2025
- 5 years
- Up $36,197 +8%
- $450,350$486,547 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 97038$2,554
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 45 years.
Typical home values in zip 97038 rose 0.1% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Molalla, OR — measured over the city limits, which is a different area from this zip.
Asking rent — 97038
Against the Portland-Vancouver-Hillsboro, OR-WA metro and the national benchmark.
- 97038$1,746
- Portland$1,803
- United States$1,932
Typical home value — 97038
Mid-tier homes, smoothed and seasonally adjusted.
- 97038$486,547
- Portland$539,403
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 7.7 | 97375 | Scotts Mills | 1,346 | — | $623,982 |
| 8.4 | 97042 | Mulino | 3,361 | — | $689,255 |
| 10.4 | 97017 | Colton | 3,427 | — | $645,021 |
| 10.6 | 97362 | Mount Angel | 4,110 | — | $476,915 |
| 10.8 | 97013 | Canby | 24,293 | $2,035 | $587,656 |
| 12.4 | 97004 | Beavercreek | 4,496 | — | $753,872 |
| 12.4 | 97381 | Silverton | 15,405 | $1,930 | $546,700 |
| 13.1 | 97032 | Hubbard | 5,044 | — | $484,797 |
| 13.6 | 97071 | Woodburn | 33,123 | $1,728 | $419,844 |
| 16.0 | 97002 | Aurora | 6,358 | — | $699,585 |
| 16.8 | 97045 | Oregon City | 57,526 | $2,006 | $590,401 |
| 16.8 | 97020 | Donald | 1,133 | — | $458,781 |
| 17.4 | 97385 | Sublimity | 3,823 | — | $576,363 |
| 18.5 | 97023 | Estacada | 12,111 | $2,048 | $538,348 |
| 18.7 | 97070 | Wilsonville | 26,902 | $1,806 | $620,281 |
| 19.0 | 97305 | Salem | 45,083 | $1,541 | $418,280 |
| 19.0 | 97026 | Gervais | 3,959 | — | $429,347 |
| 19.2 | 97068 | West Linn | 30,161 | $2,437 | $758,488 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.