Molalla, OR Real Estate
According to census data in the year 2000 there were 2,052 housing units in Molalla.
This represents a 61.8% growth from 1,268 in 1990.
Of those housing units, 2,035 were located in either urbanized areas or urban clusters, and 17 were located in what is classified as a rural area.
Homeownership rate in Molalla is about 68.2%.
Molalla's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Molalla were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 14.60% |
| Two Bedrooms | 26.80% |
| Three Bedrooms | 45.60% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $146,900 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $655 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.80% |
| Home Equity Loan | 9.60% |
| Simple Mortgage | 60.40% |
| Debt Free | 21.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.2% |
