Klamath Falls, OR
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Klamath Falls market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Klamath Falls, OR.
Klamath Falls is currently experiencing a cooling phase, characterized by a pending ratio of 0.25. While this represents a 2.1% increase year-over-year, demand absorption remains significantly lower than available inventory. The median listing price has seen a modest year-over-year decline of 0.1%, standing at $398,750.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Klamath Falls market right now.
Active listings have contracted by 5.6% over the past year, while new listings also saw a 7.4% decline, suggesting a moderation in new supply. Concurrently, the median days on market increased by 1.4% year-over-year to 74 days, indicating a slower pace of transactions. The share of price-reduced listings is 20.3%, a slight increase of 0.3% year-over-year, reflecting some downward pressure on pricing.
“Local pricing and inventory dynamics across Klamath Falls shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The current market dynamics suggest that demand absorption is lagging, placing less pressure on available inventory. The extended median days on market and elevated price reduction share indicate that sellers may need to exercise greater price discipline to facilitate transactions, and the pace of sales is notably slower.
The average listing price has increased by 4.3% over the past year to $539,296, while the median listing price declined by 0.1%. This divergence, alongside a 1.2% year-over-year decrease in median $/sqft to $225, may suggest some softness at the higher price tiers within the market.
525 active listings represent the current floor, with new supply arriving at roughly 100 per month.
of active listings carry a price reduction, +0.3% from prior period.
Median price per square foot has moved -1.2% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Klamath Falls, OR? Buyer Demand Index is running at 25%.
Buyers have leverage in Klamath Falls, OR. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 25%
- Median Days on Market
- 74 days
- Inventory YoY
- −6%
In a buyer's market, strategy beats timing. See how your home scores in Klamath Falls, OR and what moves the number.
See my Sold Score & selling strategy →The Monthly Briefing
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Metro Demographics
ZIPs in Klamath Falls, OR
97601
klamath falls
$400K
213 active · 75 DOM
97603
klamath falls
$395K
145 active · 58 DOM
97624
chiloquin
$368K
53 active · 90 DOM
97630
lakeview
$236K
43 active · 75 DOM
97623
bonanza
$307K
24 active · 69 DOM
97641
christmas valley
$249K
23 active · 153 DOM
97622
bly
$324K
6 active · 128 DOM
97639
sprague river
$269K
5 active · 101 DOM
97636
paisley
$265K
5 active · 80 DOM
97627
keno
$369K
5 active · 141 DOM
97632
malin
$274K
5 active · 26 DOM
97626
fort klamath
$375K
5 active · 118 DOM
97633
merrill
$369K
4 active · 213 DOM
97634
midland
$340K
3 active · 50 DOM
97621
beatty
$265K
3 active · 26 DOM
97635
new pine creek
$478K
2 active · 120 DOM
97640
summer lake
$500K
2 active · 209 DOM
97638
silver lake
$705K
1 active · 106 DOM
Sorted by active inventory · click a ZIP for its full report
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