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 very weak 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.
The housing market is currently experiencing very weak conditions, evidenced by a low pending ratio of 0.21. This suggests significant imbalances between supply and demand, with demand absorption lagging substantially behind available inventory. The median listing price stands at $391,500.
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.
The market is characterized by contracting new listings, down 10.3% year-over-year, while active listings have remained relatively flat with a marginal 0.1% year-over-year decrease. The pending ratio has declined by 6.2% over the past year, indicating a further weakening of demand relative to supply. Median listing prices show a slight month-over-month decrease of 1.8% and a year-over-year decline of 0.7%, reflecting downward price pressures.
“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
Negotiating leverage favors greater price discipline from sellers due to an abundance of available inventory relative to pending sales. The low pending ratio suggests a protracted sales pace, requiring sellers to adjust expectations to meet prevailing market conditions. Inventory pressure is minimal on the demand side, allowing buyers more time and options.
The average listing price increased by 7.0% year-over-year to $539,254, while the median listing price declined 0.7% year-over-year. This disparity, coupled with a 1.2% year-over-year decrease in median $/sqft, suggests potential softness in the higher-priced segments, as reflected in the widening average vs. median spread.
528 active listings represent the current floor, with new supply arriving at roughly 70 per month.
of active listings carry a price reduction, +3.3% from prior period.
Median price per square foot has moved -1.2% year-over-year.
Pending-to-active ratio — Very Weak.
Recommended For This Market
Very WeakSelling in Klamath Falls, OR? Homes here are taking 7 days less to sell than last year.
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
- 21%
- Median Days on Market
- 80 days
- Inventory YoY
- −0%
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
$405K
214 active · 86 DOM
97603
klamath falls
$379K
146 active · 57 DOM
97624
chiloquin
$369K
54 active · 87 DOM
97630
lakeview
$252K
40 active · 93 DOM
97623
bonanza
$300K
24 active · 84 DOM
97641
christmas valley
$249K
23 active · 150 DOM
97622
bly
$300K
6 active · 167 DOM
97636
paisley
$265K
5 active · 112 DOM
97632
malin
$259K
5 active · 52 DOM
97626
fort klamath
$360K
5 active · 143 DOM
97627
keno
$359K
5 active · 172 DOM
97639
sprague river
$259K
5 active · 136 DOM
97633
merrill
$379K
4 active · 262 DOM
97621
beatty
$265K
3 active · 58 DOM
97634
midland
$330K
3 active · 68 DOM
97640
summer lake
$450K
3 active · 233 DOM
97635
new pine creek
$478K
2 active · 152 DOM
97620
adel
$1.95M
1 active · 63 DOM
Sorted by active inventory · click a ZIP for its full report
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