Home Insurance in Molalla, Oregon
The median home value in Molalla is $447,100, 27% lower than the Clackamas County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Molalla was built around 1997. About 16% of homes were built before 1960, in line with Clackamas County (16%).
The housing stock in Molalla is 66% single-family homes, 19% apartments in buildings with 5+ units and 4% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Molalla, about 78% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Molalla has an owner-occupancy rate of 55% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
55% of homes in Molalla are primarily heated with natural gas.
What's the biggest home insurance risk near Molalla? FEMA's National Risk Index points to earthquake (Relatively High) in Clackamas County and Clackamas County had 1,448 active NFIP flood policies as of September 2026. See the full Clackamas County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
In Oregon, the statewide average premium for a standard HO-3 homeowners policy is $1,003 per year (NAIC, 2023 data).
Key figures
| Median home value | $447,100 |
|---|---|
| Median year built | 1997 |
| Owner-occupied share | 55% |
| Share of owner-occupied homes with a mortgage | 78% |
| Top county hazard | Earthquake (Relatively High) |
| Active NFIP policies in Clackamas County | 1,448 |
| Home insurance premium | $1,003 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)