Zip Code: 97038 (Molalla, Oregon) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 97038 Zip Code (Molalla, Oregon) in February 2026 was $490,671.891. The month over month percentage change (MoM) was 0.09%, and the year over year percentage change (YoY) was 0.50%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 97038 zip code (Molalla, Oregon). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 97038 zip code (Molalla, Oregon).

You can see similar information for other Oregon zip codes, and for Oregon.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 97038 (Molalla, Oregon) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 97038 (Molalla, Oregon) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 230047.04772812562 0.67 9.54
Feb 2015 231908.70547573394 0.81 9.47
Mar 2015 233595.95158494406 0.73 9.20
Apr 2015 235929.10602014954 1.00 9.17
May 2015 238329.06212021454 1.02 9.23
Jun 2015 241049.91882649052 1.14 9.61
Jul 2015 243873.56999412397 1.17 10.19
Aug 2015 247058.79238497265 1.31 10.89
Sep 2015 250404.25719250136 1.35 11.65
Oct 2015 253769.49896430128 1.34 12.46
Nov 2015 256963.78650348992 1.26 13.23
Dec 2015 260319.2474366886 1.31 13.91
Jan 2016 263435.1950957814 1.20 14.51
Feb 2016 266515.0050032891 1.17 14.92
Mar 2016 269297.46417751093 1.04 15.28
Apr 2016 272510.4244043641 1.19 15.51
May 2016 275645.4975591335 1.15 15.66
Jun 2016 278818.1227532969 1.15 15.67
Jul 2016 281935.56735137105 1.12 15.61
Aug 2016 284696.5032909848 0.98 15.23
Sep 2016 287017.8470471327 0.82 14.62
Oct 2016 288960.8044760564 0.68 13.87
Nov 2016 290897.5043928379 0.67 13.21
Dec 2016 293320.66997459234 0.83 12.68
Jan 2017 295251.18072785524 0.66 12.08
Feb 2017 297309.8610689956 0.70 11.56
Mar 2017 298872.34642236674 0.53 10.98
Apr 2017 300848.6160200922 0.66 10.40
May 2017 302783.20979722566 0.64 9.85
Jun 2017 304879.9721687557 0.69 9.35
Jul 2017 306729.6392715755 0.61 8.79
Aug 2017 308686.8700672174 0.64 8.43
Sep 2017 310789.7024562717 0.68 8.28
Oct 2017 312841.60356499505 0.66 8.26
Nov 2017 314570.79061866744 0.55 8.14
Dec 2017 316316.69513746776 0.56 7.84
Jan 2018 318439.7941861214 0.67 7.85
Feb 2018 321074.2482618057 0.83 7.99
Mar 2018 324122.3799322099 0.95 8.45
Apr 2018 326962.99983545457 0.88 8.68
May 2018 329717.5420566355 0.84 8.90
Jun 2018 331477.90038734773 0.53 8.72
Jul 2018 333352.25607852975 0.56 8.68
Aug 2018 334804.68828225514 0.44 8.46
Sep 2018 336121.0234060154 0.39 8.15
Oct 2018 336950.51563587674 0.25 7.71
Nov 2018 337840.3253462539 0.26 7.40
Dec 2018 338995.6711161899 0.34 7.17
Jan 2019 340559.0671030474 0.46 6.95
Feb 2019 342300.4778611949 0.51 6.61
Mar 2019 344258.4304508248 0.57 6.21
Apr 2019 345782.49540065986 0.44 5.76
May 2019 346410.7775117753 0.18 5.06
Jun 2019 346883.3353954354 0.14 4.65
Jul 2019 347280.1290041473 0.11 4.18
Aug 2019 348137.4027623684 0.25 3.98
Sep 2019 348976.94086860033 0.24 3.83
Oct 2019 350312.6576810323 0.38 3.97
Nov 2019 352443.4729726785 0.61 4.32
Dec 2019 354736.10032630403 0.65 4.64
Jan 2020 357730.8965721464 0.84 5.04
Feb 2020 360330.03578943637 0.73 5.27
Mar 2020 363244.5726568803 0.81 5.52
Apr 2020 365553.1825113488 0.64 5.72
May 2020 367082.98298424267 0.42 5.97
Jun 2020 367929.1779478739 0.23 6.07
Jul 2020 368525.38315554615 0.16 6.12
Aug 2020 370467.2464704464 0.53 6.41
Sep 2020 374246.7030314458 1.02 7.24
Oct 2020 379455.7023500059 1.39 8.32
Nov 2020 385758.7912844329 1.66 9.45
Dec 2020 392404.17575444543 1.72 10.62
Jan 2021 399064.09803399094 1.70 11.55
Feb 2021 405799.6215865454 1.69 12.62
Mar 2021 412539.45378443686 1.66 13.57
Apr 2021 419251.27313115215 1.63 14.69
May 2021 425919.0039709076 1.59 16.03
Jun 2021 431977.42600982 1.42 17.41
Jul 2021 438574.00718232436 1.53 19.01
Aug 2021 444432.0601888723 1.34 19.97
Sep 2021 450005.756953531 1.25 20.24
Oct 2021 454405.99584294436 0.98 19.75
Nov 2021 458850.1478567571 0.98 18.95
Dec 2021 463545.35770868213 1.02 18.13
Jan 2022 468956.6712589418 1.17 17.51
Feb 2022 475058.6068118743 1.30 17.07
Mar 2022 482361.36805046885 1.54 16.93
Apr 2022 489651.41974436026 1.51 16.79
May 2022 495773.51148394885 1.25 16.40
Jun 2022 499545.7803950459 0.76 15.64
Jul 2022 499326.00365292124 -0.04 13.85
Aug 2022 495506.120240354 -0.76 11.49
Sep 2022 489188.0647330556 -1.27 8.71
Oct 2022 483859.483774246 -1.09 6.48
Nov 2022 479572.0866943893 -0.89 4.52
Dec 2022 475643.62311076565 -0.82 2.61
Jan 2023 472114.8208329854 -0.74 0.67
Feb 2023 469371.0397660457 -0.58 -1.20
Mar 2023 468029.1138385551 -0.29 -2.97
Apr 2023 467899.2010844527 -0.03 -4.44
May 2023 469240.60313717346 0.29 -5.35
Jun 2023 471321.25379895465 0.44 -5.65
Jul 2023 473175.42909708695 0.39 -5.24
Aug 2023 474544.88341226167 0.29 -4.23
Sep 2023 474960.7014059389 0.09 -2.91
Oct 2023 474826.221790571 -0.03 -1.87
Nov 2023 473995.192434649 -0.17 -1.16
Dec 2023 473575.51070267713 -0.09 -0.43
Jan 2024 473794.9339526386 0.05 0.36
Feb 2024 474777.112910697 0.21 1.15
Mar 2024 476421.76801092474 0.35 1.79
Apr 2024 477690.04739541886 0.27 2.09
May 2024 478487.9150984154 0.17 1.97
Jun 2024 478814.20786494826 0.07 1.59
Jul 2024 479371.72265255806 0.12 1.31
Aug 2024 480426.8473825247 0.22 1.24
Sep 2024 481462.62209435954 0.22 1.37
Oct 2024 482758.4007347836 0.27 1.67
Nov 2024 484279.6546808365 0.32 2.17
Dec 2024 486174.0806367242 0.39 2.66
Jan 2025 487547.8938276072 0.28 2.90
Feb 2025 488242.3751230654 0.14 2.84
Mar 2025 487656.92962093325 -0.12 2.36
Apr 2025 486858.5149180037 -0.16 1.92
May 2025 485861.2814210679 -0.20 1.54
Jun 2025 485229.76919274515 -0.13 1.34
Jul 2025 484927.2464092192 -0.06 1.16
Aug 2025 484928.2385282425 0.00 0.94
Sep 2025 485489.07701721456 0.12 0.84
Oct 2025 486606.3037325737 0.23 0.80
Nov 2025 487986.90805875085 0.28 0.77
Dec 2025 489503.913121934 0.31 0.69
Jan 2026 490217.8515940861 0.15 0.55
Feb 2026 490671.8910623879 0.09 0.50