Call or Text (240) SELL-123

KLAMATH FALLS, OR 97603

Real Estate Market Report  ·  Klamath County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
115
⇧ 5.5% vs 109 last year
Pending
35
30% pending ratio
Median Price
$365,000
⇧ 2% vs $357,975 last year
Average Price
$404,164
⇩ 7.3% vs $435,837 last year
Days on Market
95
⇩ 2.1% vs 97 days last year

Market Context

Population: 32,376  ·  Density: 36.7/mi²  ·  Median household income: $62,328

Typical home value: $229,944  ·  Homeownership: 66.5%

Market Analysis

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

The KLAMATH FALLS, OR real estate market (97603) currently shows 115 active listings, with 35 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 95 days on market compared to 97 days last year.

The median listing price has risen 2% year-over-year, from $357,975 to $365,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for KLAMATH FALLS, OR 97603 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 115 this year vs 109 last year
  • Days on market: 95 now vs 97 last year

Median & Average Pricing

Year over Year
  • Median: $365,000 (+2% YoY)
  • Average: $404,164 (-7.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 58.9 miles — 555 listings ($356,742,652 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97603Klamath Falls, OR 976030.0 mi115$46,478,860$365,000$404,164
97633Merrill, OR 976339.4 mi6$2,324,400$339,000$387,400
97623Bonanza, OR 9762319.3 mi16$6,274,880$285,000$392,180
96023Dorris, CA 9602321.4 mi14$2,671,872$198,500$190,848
96134Tulelake, CA 9613424.4 mi8$2,198,664$250,000$274,833
96058Macdoel, CA 9605830.1 mi6$23,475,000$2,930,000$3,912,500
97622Bly, OR 9762238.5 mi5$1,203,900$189,900$240,780
97520Ashland, OR 9752043.8 mi117$112,637,772$690,000$962,716
97626Fort Klamath, OR 9762644.2 mi1$7,950,000$7,950,000$7,950,000
96044Hornbrook, CA 9604451.5 mi7$1,667,001$168,000$238,143
96094Weed, CA 9609455.9 mi44$19,613,396$365,000$445,759
97540Talent, OR 9754057.6 mi17$11,176,650$531,300$657,450
97504Medford, OR 9750458.9 mi199$119,070,257$502,900$598,343

Frequently Asked Questions

How many homes are for sale in KLAMATH FALLS, OR 97603?

As of January 2026, there are 115 active listings in KLAMATH FALLS, OR (zip code 97603), compared to 109 the prior year.

What is the median home price in KLAMATH FALLS, OR 97603?

The median listing price in KLAMATH FALLS, OR 97603 is $365,000 as of January 2026, a 2% increase from $357,975 the prior year.

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

Homes in KLAMATH FALLS, OR 97603 spend an average of 95 days on the market before going under contract, compared to 97 days the prior year.

Is it a seller's or buyer's market in KLAMATH FALLS, OR 97603?

Based on current inventory and days-on-market data as of January 2026, KLAMATH FALLS, OR 97603 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 95 days on market compared to 97 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 97603 save an estimated $7,300 compared to a typical 5% commission on the median listing price of $365,000. 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.