The Klamath Falls housing market is somewhat competitive. The median sale price of a home in Klamath Falls was $311K last month, up 13.1% since last year. The median sale price per square foot in Klamath Falls is $200, up 9.0% since last year.
What is the housing market like in Klamath Falls today?
In June 2025, Klamath Falls home prices were up 13.1% compared to last year, selling for a median price of $311K. On average, homes in Klamath Falls sell after 24 days on the market compared to 47 days last year. There were 32 homes sold in June this year, down from 33 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$311,000
+13.1% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Klamath Falls, OR
$311,000
+13.1%
United States
To compare other locations to the Klamath Falls and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Klamath Falls's median sale price is 30% lower than the national average. Overall cost of living in Klamath Falls is 1% higher than the national average. Learn which home features in Klamath Falls add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Klamath Falls housing market?
Klamath Falls is somewhat competitive. Homes sell in 22 days.
0
100
55
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 22 days.
Hot homes
can sell for around list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Klamath Falls housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Klamath Falls.
Flood Factor - Major
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Klamath Falls has a major risk of flooding. 588 properties in Klamath Falls are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Klamath Falls. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Klamath Falls has a major risk of wildfire. There are 10,709 properties in Klamath Falls that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Klamath Falls.
Klamath Falls has minimal risk of severe winds over the next 30 years
Wind Factor
Klamath Falls has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.