43Alpha

Klamath Falls, OR metro area Housing Market Brief

metro · as of July 2026

Balanced

What is Klamath Falls, OR metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
33
Inventory Health25%
58
Affordability20%
22
Economic Strength20%No data
50
Rental Yield15%
47

Where is Klamath Falls, OR metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Klamath Falls, OR metro area is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Klamath Falls, OR metro area?

Our model forecasts Klamath Falls, OR metro area’s home prices to rise about 1.6% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Klamath Falls, OR metro area housing market data

MetricValueYoY
Median Sale Price$325K-1.5%
Median Days on Market70 days▲ +22.8%
Months of Supply5.0-34.2%
Homes for Sale325-14.7%
Homes Sold65▲ +30%
Median Price / Sq Ft$208-2.9%

How has Klamath Falls, OR metro area’s Alpha Score moved?

Now: 43
12-period trend
Median sale price · 12 mo

Markets like Klamath Falls, OR metro area

Frequently asked questions

Is Klamath Falls, OR metro area a buyer's or seller's market?

As of July 2026, Klamath Falls, OR metro area is classified as a Balanced Market, based on its Alpha Score of 43 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Klamath Falls, OR metro area?

The median sale price in Klamath Falls, OR metro area is $325K, having fallen 1.5% over the past year.

How affordable is Klamath Falls, OR metro area?

Klamath Falls, OR metro area scores 22 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Klamath Falls, OR metro area's Alpha Score?

Klamath Falls, OR metro area's strongest dimension is Inventory Health (58/100) and its weakest is Affordability (22/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Klamath Falls, OR metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.