The housing market in Klamath Falls, Oregon (97601) is faring better than the national median. With a median value of $246,200, Klamath Falls is almost $100,000 less expensive than the US median house value of $338,100. Homes here have appreciated by 9.53% compared to 8.27% in the United States. This indicates that investing in real estate in Klamath Falls can provide investors with higher returns as compared to other parts of the country. The city also offers great scenery and outdoor activities and is well connected to other major cities in Oregon due to its proximity to highways and airports, making it an ideal place for people looking for a balanced lifestyle between nature-filled days and metropolitan living.
The median home cost in Klamath Falls (zip 97601) is $246,200. Home appreciation the last 10 years has been 126.0%. Home Appreciation in Klamath Falls (zip 97601) is up 16.0%.
Average Age of Homes
- The median age of Klamath Falls (zip 97601) real estate is 50 years old
The Rental Market in Klamath Falls (zip 97601)
- Renters make up 38.0% of the Klamath Falls (zip 97601) population
- 2.3% of houses and apartments in Klamath Falls (zip 97601), 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.