Klamath Falls, OR home prices
Typical home $303,425 · -0.1% in a year · income needed $83,300
The Klamath Falls, OR metro area ranks 314 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -0.1% in a year and +21.4% over five years. With 20% down at 7.11%, the typical home costs about $1,943 a month including 0.62% property tax (Klamath County rate).
Mortgage on the typical Klamath Falls home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $60,685 | $242,740 | $1,633 | $0 | $310 | $1,943 | $83,300 |
| 10% down | $30,343 | $273,083 | $1,837 | $114 | $310 | $2,261 | $96,900 |
| 5% down | $15,171 | $288,254 | $1,939 | $120 | $310 | $2,369 | $101,500 |
| 3.5% down (FHA) | $10,620 | $297,929 | $2,004 | $134 | $310 | $2,448 | $104,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.62% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Klamath Falls area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Klamath County, OR | $303,425 | -0.1% | 0.62% |
What can you afford in Oregon on your salary? · Oregon home prices · Salaries in Oregon
Frequently asked questions
How much is a house in Klamath Falls?
The typical home in the Klamath Falls, OR metro area is worth $303,425 (Zillow, September 2026).
What salary do you need to buy a house in Klamath Falls?
About $83,300 a year for the typical home with 20% down at 7.11%.