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All market snapshots / 97601

Klamath Falls, OR 97601 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Klamath Falls, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 9090PendingPending sales: 99
Klamath Falls, OR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $344k$344kSoldMedian sold price (last 6 months): $280k$280k
What homes actually sell for in Klamath Falls, OR
Distribution of 195 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $200k to $455k
$73k to $158k: 28 sales$73k$158k to $244k: 41 sales41sales$244k to $329k: 38 sales$244k$329k to $414k: 21 sales$414k to $499k: 17 sales$414k$499k to $584k: 14 sales$584k to $670k: 10 sales$584k$670k to $755k: 6 salesMedian $280k

What the numbers say

As of September 14, 2026, Resideline is tracking 90 active listings and 9 pending sales in ZIP code 97601. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $344,325, while the median of the 195 closed sales Resideline tracked over the last six months was $280,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 97601 for 70 days.

Frequently asked questions

What is the median home price in 97601?

The median closed sale price in Klamath Falls, OR 97601 was $280,000 over the last six months, based on 195 closed sales tracked by Resideline. The middle half of those sales ranged from $199,999 to $455,000.

Is 97601 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 90 active listings in 97601, a pending-to-active ratio of 0.10. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 97601 currently looks like a balanced market.

Nearby ZIP code market data

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