Market Intelligence Report — OR-900

Klamath Falls, OR

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-OR-08
As of the latest 2026 data
Cooling

Median Listing

$399K
-0.1% YoY

Pending Ratio

0.25
+2.1% YoY

Active Inventory

525
-5.6% YoY

Median DOM

74 Days
+1.4% YoY

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.

Free ReportNo Sign-up~60 Seconds

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.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

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.

Adam Rutledge
Adam Rutledge
eXp Realty

Local pricing and inventory dynamics across Klamath Falls shift block by block — happy to walk through what's actually closing.

Historical Analysis

Market Trends

Median Price

$399K-1.5% MoM

Active Inventory

525-5.6% YoY

Days on Market

74+1.4% YoY

Sold Score™

38+2.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

38
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

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

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.

Luxury Segment

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.

Supply Dynamics

525 active listings represent the current floor, with new supply arriving at roughly 100 per month.

Pricing Pressure
20.3%

of active listings carry a price reduction, +0.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.2% year-over-year.

Absorption
0.25

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling 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

Talk to a listing expert who is actively selling in Klamath Falls, OR.

Adam Rutledge

eXp Realty

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Klamath Falls market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Track your ZIP

Get the Sold Score for your exact ZIP code in your inbox each month.

One email per month when your ZIP's Sold Score is updated. Unsubscribe anytime.

Metro Demographics

Metro Area
Klamath Falls, OR
CBSA Code
28900
State
OR

ZIPs in Klamath Falls, OR

Sorted by active inventory · click a ZIP for its full report

Vetted Local Practitioners

Direct Consultation

Need a real Klamath Falls expert on the phone?

Skip the search. Our vetted local practitioners know the Klamath Falls, OR micro-markets, pricing strategy, and negotiation dynamics — and they answer the phone.