Klamath Falls, OR Home Values & Market Trends
Real estate market trends reflect that there have been 773 transactions over the past year in Klamath Falls. The median value for residential home transactions that occurred over the previous year is $338,090. The number of current listings in Klamath Falls is 1,138, and the percentage of properties for sale in the city is 1138.00%. Klamath Falls, OR currently has 31 properties in foreclosure, 11 bank owned properties, 20 properties headed for auction, and 1,138 properties for sale.
Klamath Falls, OR Real Estate Market Overview
Housing Market Summary for Klamath Falls, OR
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $325K | $340K | 4.62% |
| Median Sold Price | $333.3K | $285.4K | -14.36% |
| Homes For Sale | 883 | 1,131 | 28.09% |
| Homes Sold | 268 | 294 | 9.70% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Klamath Falls, OR
Browse Homes in Klamath Falls, OR
Klamath Falls home values range from $35,013 to $2,600,000. The median estimated value of a home in Klamath Falls is $338,090. The median list price of a home is 340,000, and the total count of properties in the city is 1,509.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Klamath Falls, OR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Klamath Falls, OR; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Klamath Falls, OR ranges from the highest value of $308,946 in 97603 to the lowest value of $138,686 in 97601. Bank owned homes and properties account for 0.73% of properties in Klamath Falls, OR. There are 2 zips within Klamath Falls, OR; 97603 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions97603 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of Klamath Falls, OR. Auction homes and other auction properties account for 1.33% of all properties in Klamath Falls, OR. There are 2 zips within Klamath Falls, OR; of those zips, the median estimated home value for homes going to auction ranges from $385,799 in 97603 to the lowest value of $157,889 in 97603.
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Guide for Klamath Falls, OR
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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