Klamath Falls housing market
Typical home value
$303K
▼ 0.1% 1 yr
Typical rent
$1,295/mo
▲ 1.3% 1 yr
12-month forecast
+0.8%
#419 of 546 metros
Gross rent yield
5.1%
#395 of 546 · U.S. 6.3%
Days to pending
68 days
▼ −18 days 1 yr
Listings with a price cut
27%
▲ +1.4 pts 1 yr
Key takeaways
- 1The typical home is worth $303,425, down 0.1% in a year and up 21% over five years.
- 2Zillow forecasts home values rising 0.8% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,295/mo (+1.3% YoY), a 5.1% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,667/mo in principal and interest, $372 more than renting.
- 5Homes go under contract in 68 days (−18 days vs last year); 27% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 27/100, #484 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Klamath Falls compares
| Measure | Klamath Falls | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | −0.1% | +1.2% | #459 |
| Home value, 5-yr change | +21.4% | +19.7% | |
| 12-month forecast | +0.8% | +1.1% | #419 |
| Rent, 1-yr change | +1.3% | +2.7% | #457 |
| Gross rent yield | 5.1% | 6.3% | #395 |
| Price-to-rent ratio | 19.5 | 15.8 | |
| Mortgage P&I on typical home | $1,667 | $2,012 | |
| Days to pending | 68 | 56 |
Cities in the Klamath Falls metro
1 cities with home value and rent data.
| Klamath Falls | $302K | ▼ 0.2% | $1,303 | ▲ 1.4% | 5.2% |
Run the numbers
Rental property calculator
Cash flow on a typical Klamath Falls rental ($303K, $1,295/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Klamath Falls home.
Rent vs buy
Is it cheaper to rent or buy in Klamath Falls?
Other Oregon metros
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Bend, OR
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Albany, OR
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Roseburg, OR
$339K home$1,326 rent4.7% yield
▲ 0.1% 1 yr
Corvallis, OR
$553K home$1,811 rent3.9% yield
▲ 0.3% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.