ZIP Code 97633 — Klamath Falls, OR Home Prices (2026)

The typical home in ZIP 97633 (Klamath Falls, Oregon) is worth about $287,000 at roughly $297 per square foot — about the same as the Klamath Falls median and 2% more affordable than the typical U.S. home.

$287,000
Typical home value
$297
Price per sq ft
#2 of 3
Klamath Falls ZIPs by value
+0%
vs Klamath Falls median

How 97633 compares

ZIP 97633 is a mid-priced ZIP code for Klamath Falls: its typical home value of $287,000 ranks #2 of the 3 Klamath Falls ZIP codes we track (the citywide range runs from $276,000 in 97601 to $328,000 in 97603). Per square foot it costs about $297, against $224 for Klamath Falls as a whole, $299 for Oregon, and $195 nationally.

AreaTypical value$ / sq ft
ZIP 97633$287,000$297
Klamath Falls, OR$287,000$224
Oregon$468,500$299
United States$294,000$195

Home value by size in 97633

Using this ZIP’s rate of about $297 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home sizeEstimated value
1,000 sq ft$297,000
1,500 sq ft$445,500
2,000 sq ft$594,000
2,500 sq ft$742,500
3,000 sq ft$891,000

Salary needed to buy a home in ZIP 97633

To buy the typical $287,000 home in ZIP 97633 with 20% down, you need a household income of roughly $78,000 a year (about $1,820 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $93,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$14,400$2,260/mo$97,000/yr
10% (+PMI)$28,700$2,160/mo$93,000/yr
20%$57,400$1,820/mo$78,000/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 ZIP 97633

At about $297 per square foot, here is roughly how much home different budgets get you in ZIP 97633:

BudgetApprox. sizeWhat that looks like locally
$150k510 sq ftbelow the local median — condos, smaller or older homes
$200k670 sq ftbelow the local median — condos, smaller or older homes
$250k840 sq ftaround the typical home here
$300k1010 sq ftaround the typical home here
$400k1350 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 pre-filled with a typical 97633 home.

Estimate a specific home in 97633

The estimator below is pre-set to ZIP 97633 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Klamath Falls ZIP codes by home value

Where 97633 sits among Klamath Falls’s 3 ZIP codes:

#ZIP codeTypical value$ / sq ft
197603$328,000$224
297633 (this page)$287,000$297
397601$276,000$221

ZIP 97633 home prices: frequently asked

What is the average home price in ZIP code 97633? +
The typical home in ZIP 97633 (Klamath Falls, OR) is worth about $287,000 as of 2026. That is about the same as the Klamath Falls median of $287,000 and 2% more affordable than the U.S. median of $294,000.
What is the price per square foot in 97633? +
About $297 per square foot in 97633, versus $224 across Klamath Falls and $299 across Oregon. At that rate a 1,500 sq ft home runs roughly $445,500 and a 2,500 sq ft home about $742,500.
What salary do you need to buy a house in ZIP 97633? +
For the typical $287,000 home in ZIP 97633, a household income of about $78,000 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 $93,000; with 5% down about $97,000.
Is 97633 an expensive ZIP code? +
Within Klamath Falls, 97633 ranks #2 of 3 ZIP codes by typical home value, which makes it a mid-priced ZIP code for Klamath Falls. Nationally it is about average.

See the full Klamath Falls home values page, all Oregon cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.