Klamath Falls, OR metro area Housing Market Brief
metro · OR · as of August 2026
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.
Where is Klamath Falls, OR metro area in its market cycle?
Klamath Falls, OR metro area is classified as Declining — cooling, with scores declining over recent months. 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 1.8% 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
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $331K | ▲ +5.3% |
| Median Days on Market | 70 days | ▲ +11.1% |
| Months of Supply | 6.0 | ▲ +1.7% |
| Homes for Sale | 413 | ▼ -3.7% |
| Homes Sold | 71 | ▼ -5.3% |
| Median Price / Sq Ft | $224 | ▲ +6.5% |
How has Klamath Falls, OR metro area’s Alpha Score moved?
Markets like Klamath Falls, OR metro area
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- Sonora, CA metro area, CAmetro32
- Madera, CA metro area, CAmetro33
- Grand Junction, CO metro area, COmetro26
- Ellensburg, WA metro area, WAmetro23
- Cañon City, CO metro area, COmetro23
- Roseburg, OR metro area, ORmetro29
- Eureka, CA metro area, CAmetro29
- Sebring, FL metro area, FLmetro36
Frequently asked questions
Is Klamath Falls, OR metro area a buyer's or seller's market?
As of August 2026, Klamath Falls, OR metro area is classified as a Buyer's Market, based on its Alpha Score of 28 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 $331K, having risen 5.3% over the past year.
How affordable is Klamath Falls, OR metro area?
Klamath Falls, OR metro area scores 19 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 Price Momentum (39/100) and its weakest is Economic Strength (17/100). 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.