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All market snapshots / 97603

Klamath Falls, OR 97603 Housing Market

Data snapshot: October 26, 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: 7070PendingPending sales: 77
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): $370k$370kSoldMedian sold price (last 6 months): $319k$319k
What homes actually sell for in Klamath Falls, OR
Distribution of 223 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $220k to $405k
$75k to $153k: 24 sales$75k$153k to $231k: 28 sales$231k to $309k: 38 sales$231k$309k to $387k: 60 sales60sales$387k to $465k: 31 sales$387k$465k to $543k: 9 sales$543k to $621k: 5 sales$543k$621k to $699k: 5 salesMedian $319k

What the numbers say

As of October 26, 2026, Resideline is tracking 70 active listings and 7 pending sales in ZIP code 97603. That pending-to-active ratio of 0.10 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $369,500, while the median of the 223 closed sales Resideline tracked over the last six months was $319,000. 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 97603 for 88 days.

Frequently asked questions

What is the median home price in 97603?

The median closed sale price in Klamath Falls, OR 97603 was $319,000 over the last six months, based on 223 closed sales tracked by Resideline. The middle half of those sales ranged from $220,000 to $405,000.

Is 97603 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 70 active listings in 97603, a pending-to-active ratio of 0.10. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 97603 is currently a typical-pace market.

Nearby ZIP code market data

Full Klamath Falls, OR housing market report →

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