Data as of September 2026. Source: Realtor.com.
The BONANZA, OR real estate market (97623) currently shows 25 active listings, with 2 pending sales. Homes are averaging 84 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 84 days on market compared to 68 days last year.
The median listing price has fallen 13% year-over-year, from $345,000 to $300,000.
Population: 2,705 · Density: 2.9/mi² · Median household income: $63,750
Typical home value: $226,433 · Homeownership: 82.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97623 | Bonanza, OR 97623 | 0.0 mi | 15 | $5,530,620 | $268,875 | $368,708 |
| 97633 | Merrill, OR 97633 | 17.5 mi | 5 | $1,531,210 | $307,500 | $306,242 |
| 97603 | Klamath Falls, OR 97603 | 19.3 mi | 119 | $48,963,502 | $370,000 | $411,458 |
| 97621 | Beatty, OR 97621 | 21.9 mi | 4 | $4,321,668 | $547,000 | $1,080,417 |
| 97634 | Midland, OR 97634 | 25.8 mi | 1 | $375,000 | $375,000 | $375,000 |
| 96023 | Dorris, CA 96023 | 39.3 mi | 14 | $2,769,088 | $198,000 | $197,792 |
| 97601 | Klamath Falls, OR 97601 | 42.2 mi | 170 | $76,722,360 | $382,000 | $451,308 |
| 97630 | Lakeview, OR 97630 | 47.4 mi | 28 | $8,310,736 | $239,500 | $296,812 |
| 97626 | Fort Klamath, OR 97626 | 51.2 mi | 2 | $8,335,000 | $4,167,500 | $4,167,500 |
| 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 | 7 | $9,106,125 | $500,000 | $1,300,875 |
| 96101 | Alturas, CA 96101 | 66.1 mi | 28 | $8,669,164 | $239,875 | $309,613 |
As of September 2026, there are 25 active listings in BONANZA, OR (zip code 97623), compared to 22 the prior year.
The median listing price in BONANZA, OR 97623 is $300,000 as of September 2026, a 13% decrease from $345,000 the prior year.
Homes in BONANZA, OR 97623 spend an average of 84 days on the market before going under contract, compared to 68 days the prior year.
Based on current inventory and days-on-market data as of September 2026, BONANZA, OR 97623 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 68 days last year.
With SELL123.com's maximum 3% commission, sellers in BONANZA, OR 97623 save an estimated $6,000 compared to a typical 5% commission on the median listing price of $300,000. 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.