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The median home value in Klamath Falls, OR is $310,786 as of 2026-07-31, up 1.27% from a year earlier.
Median Home Value
$310,786
Year-over-Year
+1.27%
Population
21,911
Klamath Falls ranks #59 of 62 Oregon cities tracked here by median home value, and sits 34.0% below the state's city median of $471,244. It sits in Klamath County, where the county-wide median is $312,609.
Median household income in Klamath Falls is $46,693, so the typical home value is about 6.7× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Klamath Falls police recorded a violent crime rate of 484 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,688 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Klamath Falls, that value is $310,786. That's up 1.27% from a year earlier. It is about 34.0% below the typical Oregon city tracked here.
Homes in Klamath Falls are cheaper than Klamath County as a whole, where the median is $312,609 — a difference of about 0.6%.
Median household income here is $46,693, so the typical home value is about 6.7× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Klamath Falls police reported 484 violent crimes per 100,000 residents, covering a population of about 21,911. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.