Start Free
All market snapshots / 97603

Klamath Falls, OR 97603 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Klamath Falls, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 6767PendingPending 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): $360k$360kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in Klamath Falls, OR
Distribution of 220 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $225k to $405k
$75k to $153k: 24 sales$75k$153k to $231k: 26 sales$231k to $309k: 45 sales$231k$309k to $387k: 53 sales53sales$387k to $465k: 32 sales$387k$465k to $543k: 12 sales$543k to $621k: 5 sales$543k$621k to $699k: 2 salesMedian $315k

What the numbers say

As of October 5, 2026, Resideline is tracking 67 active listings and 9 pending sales in ZIP code 97603. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $360,000, while the median of the 220 closed sales Resideline tracked over the last six months was $315,000. 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 79 days.

Frequently asked questions

What is the median home price in 97603?

The median closed sale price in Klamath Falls, OR 97603 was $315,000 over the last six months, based on 220 closed sales tracked by Resideline. The middle half of those sales ranged from $225,000 to $405,000.

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

Resideline is currently tracking 9 pending sales against 67 active listings in 97603, a pending-to-active ratio of 0.13. 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, 97603 currently looks like a balanced market.

Nearby ZIP code market data

Full Klamath Falls, OR housing market report →

Running a deal in 97603? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator

Run any 97603 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.