$10,000 Closing Credit*
$1,300,000
2,520 SqFt
4 Beds
•3 Full Baths
Lindsey Wilde, Listing Office: Coldwell Banker Bain
Is Molalla, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Molalla was a Buyer's Market.
Key Takeaway
Molalla is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Molalla, OR
How much do homes in Molalla, OR cost?
Median Sold Price
$482,500
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,500(+4.9%)
Key Takeaway
Homes in Molalla have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Molalla was $482,500 in November 2024, up 4.9% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $365K | $369.9K | +1.4% |
| 3 Bedrooms | $455K | $460K | +1.1% |
| 4 Bedrooms | $511.5K | $512K | 0.1% |
| 5+ Bedrooms | $985.7K | $559.9K | -43.2% |
Summary: Molalla housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 43.2%.
Median Sold Price Compared To Nearby Cities
| Molalla | $460K | $482.5K | +4.9% |
| Yoder | $817K | $754K | -7.7% |
Housing Supply in Molalla, OR
How many homes are available in Molalla, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 42 | -2.3% |
Summary: The Molalla real estate market had 42 homes for sale in November 2024, a 2.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Molalla housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Molalla, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Molalla in November 2024, down by 16.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Molalla, OR
How long does it take to sell a home in Molalla, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 76 Days | +52.0% |
Summary: Homes in Molalla had an average of 76 days on market in Nov 2024, up by 52% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Molalla has remained consistent over time.
Summary: During November 2024, 10 homes were sold in Molalla; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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