Population: 2,705 · Density: 2.9/mi² · Median household income: $63,750
Typical home value: $226,433 · Homeownership: 82.6%
Data as of January 2026. Source: Realtor.com.
The BONANZA, OR real estate market (97623) currently shows 16 active listings, with 1 pending sales. Homes are averaging 74 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 74 days on market compared to 133 days last year.
The median listing price has risen 1.2% year-over-year, from $281,500 to $285,000.
Whether you are buying or selling in BONANZA, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97623 | Bonanza, OR 97623 | 0.0 mi | 16 | $6,274,880 | $285,000 | $392,180 |
| 97633 | Merrill, OR 97633 | 17.5 mi | 6 | $2,324,400 | $339,000 | $387,400 |
| 97603 | Klamath Falls, OR 97603 | 19.3 mi | 115 | $46,478,860 | $365,000 | $404,164 |
| 97621 | Beatty, OR 97621 | 21.9 mi | 4 | $3,810,000 | $367,500 | $952,500 |
| 97634 | Midland, OR 97634 | 25.8 mi | 1 | $375,000 | $375,000 | $375,000 |
| 96023 | Dorris, CA 96023 | 39.3 mi | 14 | $2,671,872 | $198,500 | $190,848 |
| 97601 | Klamath Falls, OR 97601 | 42.2 mi | 167 | $73,564,502 | $385,000 | $440,506 |
| 97630 | Lakeview, OR 97630 | 47.4 mi | 32 | $10,014,272 | $240,000 | $312,946 |
| 97626 | Fort Klamath, OR 97626 | 51.2 mi | 1 | $7,950,000 | $7,950,000 | $7,950,000 |
| 96108 | Davis Creek, CA 96108 | 54.2 mi | 1 | $4,200,000 | $4,200,000 | $4,200,000 |
| 97640 | Summer Lake, OR 97640 | 59.2 mi | 1 | $375,000 | $375,000 | $375,000 |
| 97522 | Butte Falls, OR 97522 | 64.2 mi | 9 | $11,186,991 | $520,000 | $1,242,999 |
| 96101 | Alturas, CA 96101 | 66.1 mi | 32 | $9,845,920 | $239,500 | $307,685 |
As of January 2026, there are 16 active listings in BONANZA, OR (zip code 97623), compared to 10 the prior year.
The median listing price in BONANZA, OR 97623 is $285,000 as of January 2026, a 1.2% increase from $281,500 the prior year.
Homes in BONANZA, OR 97623 spend an average of 74 days on the market before going under contract, compared to 133 days the prior year.
Based on current inventory and days-on-market data as of January 2026, BONANZA, OR 97623 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 74 days on market compared to 133 days last year.
With SELL123.com's maximum 3% commission, sellers in BONANZA, OR 97623 save an estimated $5,700 compared to a typical 5% commission on the median listing price of $285,000. 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.