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KLAMATH FALLS, OR 97601

Real Estate Market Report  ·  Klamath County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The KLAMATH FALLS, OR real estate market (97601) currently shows 215 active listings, with 47 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has increased compared to last year, with 68 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 87 days on market compared to 81 days last year.

The median listing price has fallen 6% year-over-year, from $399,000 to $375,000.

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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Market Context

Market Context

Population: 22,302  ·  Density: 14.9/mi²  ·  Median household income: $52,951

Typical home value: $243,831  ·  Homeownership: 59.2%

Market Overview

Active Listings
215
⇧ 46.3% vs 147 last year
Pending
47
22% pending ratio
Median Price
$375,000
⇩ 6% vs $399,000 last year
Average Price
$456,599
⇩ 3.1% vs $471,000 last year
Days on Market
87
⇧ 7.4% vs 81 days last year

Price Per Square Foot

Median $/sqft
$223
⇩ 3.5% vs $231/sqft last year
Median Home Size
1,847 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 215 this year vs 147 last year
  • Days on market: 87 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $375,000 (-6% YoY)
  • Average: $456,599 (-3.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 45.2 miles — 541 listings ($304,857,145 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97601Klamath Falls, OR 976010.0 mi170$76,722,360$382,000$451,308
97522Butte Falls, OR 9752222.1 mi7$9,106,125$500,000$1,300,875
97634Midland, OR 9763425.7 mi1$375,000$375,000$375,000
97639Sprague River, OR 9763929.0 mi5$2,289,585$387,250$457,917
97524Eagle Point, OR 9752430.4 mi101$78,310,148$529,500$775,348
97536Prospect, OR 9753632.4 mi8$3,391,808$421,225$423,976
97539Shady Cove, OR 9753938.3 mi13$8,468,707$592,500$651,439
97633Merrill, OR 9763338.6 mi5$1,531,210$307,500$306,242
97621Beatty, OR 9762140.0 mi4$4,321,668$547,000$1,080,417
97540Talent, OR 9754041.5 mi21$12,946,731$494,000$616,511
97501Medford, OR 9750143.7 mi155$78,867,100$396,000$508,820
97503White City, OR 9750344.8 mi42$26,774,916$357,750$637,498
96044Hornbrook, CA 9604445.2 mi9$1,751,787$165,000$194,643

Frequently Asked Questions

How many homes are for sale in KLAMATH FALLS, OR 97601?

As of March 2026, there are 215 active listings in KLAMATH FALLS, OR (zip code 97601), compared to 147 the prior year.

What is the median home price in KLAMATH FALLS, OR 97601?

The median listing price in KLAMATH FALLS, OR 97601 is $375,000 as of March 2026, a 6% decrease from $399,000 the prior year.

How long do homes stay on the market in KLAMATH FALLS, OR?

Homes in KLAMATH FALLS, OR 97601 spend an average of 87 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in KLAMATH FALLS, OR 97601?

Based on current inventory and days-on-market data as of March 2026, KLAMATH FALLS, OR 97601 is currently a Buyer's Market. Inventory has increased compared to last year, with 68 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 87 days on market compared to 81 days last year.

How much can I save on real estate commission in KLAMATH FALLS, OR?

With SELL123.com's maximum 3% commission, sellers in KLAMATH FALLS, OR 97601 save an estimated $7,500 compared to a typical 5% commission on the median listing price of $375,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.