97601 Housing Market Report May 2025•Klamath County, Oregon

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Housing Prices in 97601, OR

How much do homes in 97601, OR cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$394,450$229/SqFt
+$17,000
+4.5%

Based on all homes listed in May 2025

Insight

The list price of homes in 97601 has increased by 4.5% since April.

Summary: The median home list price in 97601 was $394,450 in May 2025, up 4.5% from the previous month, and the median price per square foot was $229.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
97601
+4.5%
97624
0.0%
97524
-1.4%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1--
N/A
2$279.9K$279.9K
0.0%
3$800K$619.9K
-22.5%
4$310K$329.5K
+6.3%
5--
N/A

Summary: 97601 housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -22.5%. The home price for 4 bedroom homes increased by +6.3%. The home price for 5 bedroom homes did not change.

How does 97601, OR compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

97601, OR

Housing supply in 97601, OR

How many homes are available in 97601, OR?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
6Last MonthMay 2025
42 months agoApr 2025
+50.0 %
Change MoMApr – May

Summary: The 97601 real estate market had 6 homes for sale in May 2025, a 50.0 % increase compared to Apr 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
222
0.0%
312
+100.0%
412
+100.0%
500
0.0%

Summary: 97601 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 97601, OR cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in 97601, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 97601 in May 2025, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 97601, OR

How long does it take to sell a home in 97601, OR?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in 97601 has remained consistent over time.

Summary: During May 2025, 2 homes were sold in 97601; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
87 DaysLast MonthMay 2025
105 Days1 month agoApr 2025
-17.0 %
Change MoMApr – May

Summary: Homes in 97601 had an average listing age of 87 days in May 2025, down by 17.0% compared to the previous month.

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Newest Listings in 97601, OR

What homes are available in 97601, OR?

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MLS Disclaimers and Copyright

Based on information from Regional Multiple Listing Service, for the period 04/01/2025 - 06/01/2025

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 11:55:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.