Housing in the Klamath Falls, OR Metro Area is a great option for those looking to purchase property. The median value of homes is $272,800, which is significantly lower than the US median house value of $338,100. In addition to the lower cost of housing, there has been an 8.42% increase in housing prices over the last year, which is slightly higher than the national average of 8.27%. All together, these factors make Klamath Falls an attractive and affordable option for anyone looking to purchase a home.
The median home cost in Klamath Falls Metro Area is $272,800. Home appreciation the last 10 years has been 128.3%. Home Appreciation in Klamath Falls Metro Area is up 16.0%.
Average Age of Homes
- The median age of Klamath Falls Metro Area real estate is 42 years old
The Rental Market in Klamath Falls Metro Area
- Renters make up 28.3% of the Klamath Falls Metro Area population
- 0.9% of houses and apartments in Klamath Falls Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.