Klamath Falls, OR metro area Housing Market
Cold MarketComprehensive housing market data for the Klamath Falls, OR metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$285K
↓ 10.5% YoY
Days on Market
102 days
↑ 12.1% YoY
Active Inventory
304
↑ 10.5% YoY
Homes Sold
52
↓ 10.3% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Klamath Falls, OR metro area Market Summary
The Klamath Falls, OR metro area housing market is cooling down. As of March 2026, the median home sale price is $285K, down 10.5% year-over-year. Homes are spending a median of 102 days on the market, 12.1% longer than a year ago.
There are 304 homes for sale — 10.5% more than last year. With 5.8 months of supply, this is a balanced market. 90 new listings were added during this period, down 8.2% year-over-year.
Homes are selling for 96.9% of their list price on average, suggesting room for negotiation. 11.5% of homes sell above their asking price. 28.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
86
Contributing Factors
How This Market Compares
vs. National Median
vs. Oregon Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 35% below the national median, which could indicate stronger cash flow potential.
Klamath Falls, OR metro area Market Trends
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Detailed Market Metrics
Median List Price
$377K
Price per Sq Ft
$210
Sale-to-List Ratio
96.9%
Months of Supply
5.8
Sold Above List
11.5%
Price Drops
28.9%
New Listings
90
↓ 8.2% YoY
Pending Sales
71
Off Market in 2 Weeks
25.4%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.