Klamath County, OR Average Home Price (2026)

The average home price in Klamath County, Oregon is about $293,000 (the 2026 median across 16 ZIP codes, at ~$245/sq ft) — 36% more affordable than the Oregon median and 1% more expensive than the typical U.S. home.

$293,000
Median home value
$245
Median price / sq ft
16
ZIP codes with data
-36%
vs Oregon median

How Klamath County compares

Klamath County is about average for housing nationally: its typical home costs $293,000 against $459,500 for Oregon and $289,000 for the U.S. Within the county, ZIP-level values run from about $208,000 to $629,000.

AreaTypical value$ / sq ft
Klamath County$293,000$245
Oregon$459,500$294
United States$289,000$193

Cities in Klamath County

Cities with their own home-value page, largest first:

Klamath County home prices by ZIP code

The 15 most valuable ZIP codes in Klamath County (of 16 with data):

ZIP codeTypical value$ / sq ftvs county
97731 Chemult$629,000$331+115%
97626 Fort Klamath$505,000$266+72%
97625 Dairy$431,000$227+47%
97733 Chemult$403,000$357+38%
97627 Keno$341,000$216+16%
97603 Klamath Falls$319,000$221+9%
97634 Midland$306,000$229+4%
97623 Bonanza$295,000$226+1%
97624 Chiloquin$291,000$223-1%
97632 Malin$281,000$226-4%
97737 La Pine$276,000$260-6%
97633 Klamath Falls$275,000$289-6%
97601 Klamath Falls$269,000$217-8%
97621 Sprague River$245,000$320-16%
97639 Bonanza$231,000$391-21%

Home value appreciation in Klamath County

Home prices in Klamath County have risen about 108% over the last 10 years (≈7.6% a year) and +83.6% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +1.4% — still rising. A home worth $293,000 today was worth roughly $141,001 ten years ago.

+1.4%
1-year change
+51.1%
5-year change
+107.8%
10-year change
+83.6%
20-year change

See where that trend takes a specific home with the home appreciation calculator — statewide, Oregon is +85.5% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.

Calculators for Klamath County

Run the numbers for Klamath County with the local rates already filled in — change any input to test your own situation.

Salary needed to buy a home in Klamath County

To buy the typical $293,000 home in Klamath County with 20% down, you need a household income of roughly $80,000 a year (about $1,860 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $95,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$14,700$2,310/mo$99,000/yr
10% (+PMI)$29,300$2,210/mo$95,000/yr
20%$58,600$1,860/mo$80,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in Klamath County

At about $245 per square foot, here is roughly how much home different budgets get you in Klamath County:

BudgetApprox. sizeWhat that looks like locally
$150k610 sq ftbelow the local median — condos, smaller or older homes
$200k820 sq ftbelow the local median — condos, smaller or older homes
$250k1020 sq ftaround the typical home here
$300k1220 sq ftaround the typical home here
$400k1630 sq ftabove the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Oregon.

Estimate a specific home in Klamath County

Enter your ZIP and size for an instant estimate tailored to your exact area:

Klamath County home prices: frequently asked

What is the average home price in Klamath County, OR? +
The typical home in Klamath County, Oregon is worth about $293,000 as of 2026 (the median across its 16 ZIP codes with data), at roughly $245 per square foot — 36% more affordable than the Oregon median of $459,500 and 1% more expensive than the U.S. median.
What salary do you need to buy a house in Klamath County? +
For the typical $293,000 home in Klamath County, a household income of about $80,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $95,000; with 5% down about $99,000.
Which part of Klamath County is most expensive? +
Among the ZIP codes we track, 97731 (Chemult) is the priciest at about $629,000 and 97622 (Bly) the most affordable at about $208,000 — a 3× spread inside one county.
Are home values in Klamath County going up? +
Over the last 10 years home prices in Klamath County changed about +107.8% (≈7.6% a year), and +1.4% in the latest year, according to the FHFA house price index through 2025. Over 20 years: +83.6%. Past gains are not a guarantee of future ones.

Browse all Oregon cities and counties, or look up price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.