Foreclosure Homes in Klamath Falls, OR

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Klamath Falls, OR Foreclosures

How much do homes sell for in Klamath Falls, OR?
The average home price is currently $324,463.
In Klamath Falls, OR, how many homes are available?
There are currently 22,401 active home listings available in Klamath Falls.
What’s the average rental cost in Klamath Falls, OR?
The average rental price in Klamath Falls is $1,103.
What is the most expensive home in Klamath Falls, Oregon?
The most expensive home sold in Klamath Falls had a price of $8,904,175.
What is currently the cheapest priced home in Klamath Falls, OR?
The cheapest home for sale in Klamath Falls is priced at $13,765.

Home Value Estimator For Klamath Falls, OR

There are currently 22,401 real estate properties in Klamath Falls, OR, with a median automated valuation model (AVM) price of $260,714.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Klamath Falls, OR, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Klamath Falls, OR, is $324,463.00, with the most expensive house in Klamath Falls, OR, topping out at $8,904,175.00 and the cheapest home in Klamath Falls, OR, clocking in at $13,765.00. In other words, there’s something for every potential homebuyer or savvy investor in Klamath Falls, OR!

Rent Prices In Klamath Falls, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Klamath Falls, OR, is on a rollercoaster ride. The average rent price in Klamath Falls, OR, is $1,103.00. Indeed, when looking to rent in Klamath Falls, OR, you can expect to pay as little as $510.00 or as much as $3,160.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Klamath Falls, OR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Klamath Falls, OR In 2024

Klamath Falls is located in Klamath, Oregon, with an estimated municipal population of 21,753 residents. All of the best foreclosed homes for sale in Klamath Falls are located in the following zip code areas on 97603 97601. The estimated population per square kilometer (.62 miles) in Klamath Falls is 419.

Cost Of Living In Klamath Falls, OR

So, about how much do homes cost in Klamath Falls? The most recent median value of resident-owned homes in Klamath Falls is 160,224. An estimated 45.1 percent of households in Klamath Falls own their homes, with an average family size of 2.93. The median household income in Klamath Falls is 41,444, with13.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Klamath Falls, the median commute time of resident workers (in minutes) is 12.4. And last, but certainly not least, are you looking for homes to rent in Klamath Falls? If so, the average rent price paid by renters in Klamath Falls is 765, according to recent statistics.

Diversity And Demographics In Klamath Falls, Oregon

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Klamath Falls, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Klamath Falls is 36, split between 50.6 percent male versus 49.4 female. The percentage of residents who report being married in Klamath Falls is 40.2, with an average family size of 2.93.

The percentage of residents who report their race in Klamath Falls is as follows:

White 85.7%
Black / African American 1.6%
Asian 0.7%
American Indian / Alaskan Native 3.2%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 4.6%
Other 4.2%

Looking for family-friendly neighborhoods in and/or near Klamath Falls? Or maybe you are searching for 55+ active adult communities in and/or near Klamath Falls?

The percentage of residents who report their age in Klamath Falls is as follows:

Under 10 12.7%
Aged 10-19 10.8%
20s 18.8%
30s 12.1%
40s 11.5%
50s 12.7%
60s 10.7%
70s 7%
80+ 3.7%

Best Schools In Klamath Falls, Oregon

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Klamath Falls with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Klamath Falls.

Pros And Cons Of Living In Klamath Falls, Oregon

How do you know that living in -- or moving to -- Klamath Falls is right where you need to be? Perhaps you grew up in Klamath Falls or already live nearby; therefore, the decision to buy a home in Klamath Falls is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Klamath Falls for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Klamath Falls:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Klamath Falls.

Reasons To Move To Klamath Falls, Oregon, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Klamath Falls can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Klamath Falls, meanwhile, can field multiple offers from more qualified buyers.

Klamath Falls, OR Foreclosures


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