Housing in Klamath Falls, OR

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$257,500

Median List Price

$309,000

Price Per Sq Ft

$193

Days on Market

82

Active Inventory

108

Months of Supply

3.9

Seller's market

Zillow Home Value

$300,944

ZHVI — January 2026

Zillow Rent Index

$1,238

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 53.7%List Price 3.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

17.9%

Off Market in 2 Weeks

16.7%

Sale-to-List Ratio

95.5%

Buyer's market

Sold Above Asking
17.9%
Under Contract in 2 Wks
16.7%
Listings with Price Drops
24.1%

Market Activity

Source: Redfin

Homes Sold

28

New Listings

25

Pending Sales

36

Homes Sold 40.0%New Listings 10.7%Pending 14.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$193

Median List $/SF

$209

Sale $/SF 29.5%List $/SF 0.9%Mar 24Jan 26

Klamath Falls vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Klamath Falls is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$257,400

Median Rent

$962

Total Housing Units

9,947

Vacancy Rate

7.1%

Owner Occupied

48.2%

Renter Occupied

51.8%

Median Property Tax

$2,138

per year

Monthly Cost (w/ Mortgage)

$1,103

Housing Types

Single Family
68.2%
Multi-Family
29.3%
Mobile Home
2.5%

The current median sale price in Klamath Falls, OR is $257,500 according to Redfin data. Homes spend a median of 82 days on the market. 17.9% of homes sold above asking price. The market has 3.9 months of supply. The median price per square foot is $193. Zillow's observed rent index is $1,238/month. About 48.2% of housing units are owner-occupied. The median year homes were built is 1965. There are 9,947 total housing units.