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City / Town Overview

Klamath Falls, OR

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
282
⇧ 13.3% vs 249 last year
Pending
75
27% pending ratio
Median Price
$376,844
⇩ 1.2% vs $381,294 last year
Average Price
$425,686
⇩ 7.4% vs $459,577 last year
Days on Market
114
⇧ 17.5% vs 97 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Klamath Falls, OR real estate market currently shows 282 active listings, with 75 pending sales. Homes are averaging 114 days on the market before going under contract.

Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 114 days on market compared to 97 days last year.

The median listing price has fallen 1.2% year-over-year, from $381,294 to $376,844.

Whether you are buying or selling in Klamath Falls, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Klamath Falls: 97601, 97602, 97603

Market Context

ZIP coverage: 3  ·  Population: 54,678  ·  Median household income: $58,503

Typical home value: $235,608  ·  Homeownership rate: 63.5%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings