Klamath Falls Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Klamath Falls averaged
7.02%
for the week of 2024-04-18, compared to the national average of
7.1% for the same period.
The average rate for the prior week (2024-04-11) was
6.8% and
one month ago for the week of 2024-03-14, the
average rate was 6.56%.
Klamath Falls's average rate one year ago was 6.49%.
For refis of the same type during the week of 2024-04-18, the average rate
was 7.6%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-04-18 | 7.1% |
| Klamath Falls 30 Year Fixed Rate | 2024-04-18 | 7.02% |
| Klamath Falls 30 Year Fixed Rate Refi | 2024-04-18 | 7.6% |
| Klamath Falls 15 Year Fixed Rate | 2024-04-18 | 6.39% |
| Klamath Falls 15 Year Fixed Rate Refi | 2024-04-18 | 6.59% |
| Klamath Falls 30 Year FHA | 2024-04-18 | 6.32% |
| Klamath Falls 30 Year FHA Refi | 2024-04-18 | 6.86% |
| Klamath Falls 30 Year USDA | 2024-04-18 | 6.96% |
| Klamath Falls 30 Year USDA Refi | 2024-04-18 | 6.66% |
| Klamath Falls 30 Year VA | 2024-04-18 | 6.74% |
| Klamath Falls 30 Year VA Refi | 2024-04-18 | 6.86% |
Klamath Falls Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Klamath Falls, OR market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Klamath Falls Average Closing Costs & Other Stats
Klamath Falls, OR's 89 lenders originated 1,195
loans during 2023. The total origination value was $268,915,000, with an average loan value of
$225,033.
Klamath Falls's average closing costs are $5,858.
The top Klamath Falls lender as defined by loan originations is SUMMIT FUNDING, INC., with
48 loans originated. Their average total fees are
$9,017, which is $1,095
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Klamath Falls lenders (with over 10 loans originated) are
ROGUE ($4,534), Flagstar Bank, FSB ($5,111), Umpqua Bank ($5,695), MASON MCDUFFIE MORTGAGE CORPORATION ($6,395) and Sierra Pacific Mortgage Company, Inc. ($7,187).
The lowest rate Klamath Falls lenders (with over 10 loans originated) are
CALIBER HOME LOANS, INC. (6.37%), QUICKEN LOANS, LLC (6.50%), Century Mortgage Company DBA Century Lending Company (6.62%), SUMMIT FUNDING, INC. (6.66%) and Sierra Pacific Mortgage Company, Inc. (6.82%).
Klamath Falls, OR Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| SUMMIT FUNDING, INC. | $43,195,000 | $27,175,000 | -37.1% | 10.1% |
| Merchants Bank of Indiana | $20,005,000 | n/a | 7.4% | |
| QUICKEN LOANS, LLC | $23,870,000 | $15,135,000 | -36.6% | 5.6% |
| ROGUE | $16,660,000 | $14,240,000 | -14.5% | 5.3% |
| Century Mortgage Company DBA Century Lending Company | $2,425,000 | $12,370,000 | 410.1% | 4.6% |
| CALIBER HOME LOANS, INC. | $33,630,000 | $12,065,000 | -64.1% | 4.5% |
| Umpqua Bank | $28,815,000 | $10,005,000 | -65.3% | 3.7% |
| Flagstar Bank, FSB | $22,040,000 | $9,535,000 | -56.7% | 3.5% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $4,875,000 | $8,505,000 | 74.5% | 3.2% |
| Sierra Pacific Mortgage Company, Inc. | $24,865,000 | $8,060,000 | -67.6% | 3.0% |
| NEWREZ LLC | $2,565,000 | $7,760,000 | 202.5% | 2.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $8,505,000 | $6,945,000 | -18.3% | 2.6% |
| Mortgage Research Center, LLC | $10,865,000 | $6,600,000 | -39.3% | 2.5% |
| DHI MORTGAGE COMPANY, LTD. | $6,000,000 | n/a | 2.2% | |
| LOANDEPOT.COM, LLC | $9,990,000 | $5,585,000 | -44.1% | 2.1% |
| FIRST COMMUNITY | $2,825,000 | $4,015,000 | 42.1% | 1.5% |
| ACADEMY MORTGAGE CORPORATION | $8,800,000 | $3,480,000 | -60.5% | 1.3% |
| GUILD MORTGAGE COMPANY | $5,335,000 | $3,345,000 | -37.3% | 1.2% |
| Washington Federal Bank | $7,250,000 | $3,020,000 | -58.3% | 1.1% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,135,000 | $2,870,000 | -30.6% | 1.1% |
| Mid Oregon Federal Credit Union | $1,770,000 | $2,730,000 | 54.2% | 1.0% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,785,000 | $2,575,000 | 44.3% | 1.0% |
| GUARANTEED RATE, INC. | $990,000 | $2,525,000 | 155.1% | 0.9% |
| CMG MORTGAGE, INC. | $1,880,000 | $2,510,000 | 33.5% | 0.9% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $2,420,000 | $2,480,000 | 2.5% | 0.9% |
| The Federal Savings Bank | $915,000 | $2,395,000 | 161.7% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $5,800,000 | $2,175,000 | -62.5% | 0.8% |
| MOVEMENT MORTGAGE, LLC | $545,000 | $1,955,000 | 258.7% | 0.7% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $790,000 | $1,900,000 | 140.5% | 0.7% |
| Wells Fargo Bank | $3,205,000 | $1,880,000 | -41.3% | 0.7% |
| BROKER SOLUTIONS, INC. | $2,620,000 | $1,730,000 | -34.0% | 0.6% |
| U.S. Bank | $8,050,000 | $1,625,000 | -79.8% | 0.6% |
| USAA Federal Savings Bank | $1,420,000 | $1,585,000 | 11.6% | 0.6% |
| JPMorgan Chase Bank | $1,715,000 | $1,555,000 | -9.3% | 0.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,625,000 | $1,455,000 | -10.5% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $6,565,000 | $1,380,000 | -79.0% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $1,940,000 | $1,325,000 | -31.7% | 0.5% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $3,135,000 | $1,305,000 | -58.4% | 0.5% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $700,000 | $1,155,000 | 65.0% | 0.4% |
| OnPoint Community Credit Union | $2,705,000 | $1,075,000 | -60.3% | 0.4% |
| RANLIFE, INC. | $1,075,000 | n/a | 0.4% | |
| First Interstate Bank | $1,835,000 | $1,025,000 | -44.1% | 0.4% |
| BAY EQUITY LLC | $410,000 | $1,010,000 | 146.3% | 0.4% |
| FINANCE OF AMERICA REVERSE LLC | $285,000 | $935,000 | 228.1% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $850,000 | $865,000 | 1.8% | 0.3% |
| Nations Lending Corporation | $2,580,000 | $855,000 | -66.9% | 0.3% |
| Willamette Valley Bank | $1,325,000 | $845,000 | -36.2% | 0.3% |
| MANN FINANCIAL INC. | $2,055,000 | $830,000 | -59.6% | 0.3% |
| LENDING 3, INC. | $810,000 | n/a | 0.3% | |
| NEW DAY FINANCIAL, LLC | $1,590,000 | $810,000 | -49.1% | 0.3% |
| CANOPY MORTGAGE, LLC | $225,000 | $795,000 | 253.3% | 0.3% |
| TRIAD FINANCIAL SERVICES, INC. | $235,000 | $785,000 | 234.0% | 0.3% |
| UNION HOME MORTGAGE CORP. | $780,000 | n/a | 0.3% | |
| NATIONS DIRECT MORTGAGE, LLC | $1,635,000 | $775,000 | -52.6% | 0.3% |
| People's Bank of Commerce | $1,340,000 | $755,000 | -43.7% | 0.3% |
| MID AMERICA MORTGAGE, INC. | $1,150,000 | $740,000 | -35.7% | 0.3% |
| MLD MORTGAGE INC. | $165,000 | $740,000 | 348.5% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $105,000 | $740,000 | 604.8% | 0.3% |
| RESIDENTIAL MORTGAGE, LLC | $725,000 | n/a | 0.3% | |
| FREEDOM MORTGAGE CORPORATION | $6,085,000 | $710,000 | -88.3% | 0.3% |
| CALCON MUTUAL MORTGAGE LLC | $705,000 | n/a | 0.3% | |
| Loan Simple, Inc. | $705,000 | n/a | 0.3% | |
| GENEVA FINANCIAL, LLC | $265,000 | $680,000 | 156.6% | 0.3% |
| S1L, Inc. | $840,000 | $670,000 | -20.2% | 0.2% |
| Banner Bank | $1,010,000 | $665,000 | -34.2% | 0.2% |
| NFM, INC. | $650,000 | n/a | 0.2% | |
| 21ST MORTGAGE CORPORATION | $2,350,000 | $630,000 | -73.2% | 0.2% |
| DOMINION FINANCIAL SERVICES, LLC | $620,000 | n/a | 0.2% | |
| Figure Lending LLC | $545,000 | $620,000 | 13.8% | 0.2% |
| PLANET HOME LENDING, LLC | $815,000 | $620,000 | -23.9% | 0.2% |
| Boeing Employees Credit Union | $375,000 | $605,000 | 61.3% | 0.2% |
| Discover Bank | $155,000 | $550,000 | 254.8% | 0.2% |
| The Loan Store, Inc. | $550,000 | n/a | 0.2% | |
| CHURCHILL MORTGAGE CORPORATION | $605,000 | $510,000 | -15.7% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,945,000 | $510,000 | -73.8% | 0.2% |
| ISERVE RESIDENTIAL LENDING, LLC | $505,000 | n/a | 0.2% | |
| 1st Security Bank of Washington | $135,000 | $490,000 | 263.0% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $490,000 | n/a | 0.2% | |
| TWINSTAR | $490,000 | n/a | 0.2% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,065,000 | $480,000 | -54.9% | 0.2% |
| BMO Harris Bank | $480,000 | n/a | 0.2% | |
| Commerce Home Mortgage, Inc. | $580,000 | $440,000 | -24.1% | 0.2% |
| TruHome Solutions, LLC | $435,000 | n/a | 0.2% | |
| ROYAL UNITED MORTGAGE LLC | $180,000 | $430,000 | 138.9% | 0.2% |
| VERITAS FUNDING, LLC | $430,000 | n/a | 0.2% | |
| OREGON COMMUNITY | $500,000 | $415,000 | -17.0% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $155,000 | $415,000 | 167.7% | 0.2% |
| MORTGAGE EXPRESS, LLC | $695,000 | $410,000 | -41.0% | 0.2% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $1,840,000 | $410,000 | -77.7% | 0.2% |
| Citizens Bank | $400,000 | n/a | 0.1% | |
| KeyBank | $500,000 | $395,000 | -21.0% | 0.1% |
| OAKTREE FUNDING CORP. | $215,000 | $385,000 | 79.1% | 0.1% |
| SAMMAMISH MORTGAGE COMPANY | $385,000 | n/a | 0.1% | |
| PACIFIC CASCADE FEDERAL CREDIT UNION | $375,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $650,000 | $355,000 | -45.4% | 0.1% |
| MORTGAGE ACCESS CORP. | $355,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $125,000 | $350,000 | 180.0% | 0.1% |
| LOANPAL, LLC | $2,575,000 | $330,000 | -87.2% | 0.1% |
| Stifel Bank and Trust | $355,000 | $305,000 | -14.1% | 0.1% |
| Unitus Community Credit Union | $650,000 | $305,000 | -53.1% | 0.1% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $1,445,000 | $295,000 | -79.6% | 0.1% |
| SELCO COMMUNITY | $485,000 | $285,000 | -41.2% | 0.1% |
| HighTechLending Inc | $280,000 | n/a | 0.1% | |
| Ally Bank | $165,000 | $270,000 | 63.6% | 0.1% |
| GUIDANCE RESIDENTIAL, LLC | $265,000 | n/a | 0.1% | |
| Service Federal Credit Union | $265,000 | n/a | 0.1% | |
| Simmons Bank | $265,000 | n/a | 0.1% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $255,000 | n/a | 0.1% | |
| UBS Bank USA | $245,000 | n/a | 0.1% | |
| BAY-VALLEY MORTGAGE GROUP | $235,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $235,000 | n/a | 0.1% | |
| Coastal Community Bank | $230,000 | n/a | 0.1% | |
| First Federal Bank | $225,000 | n/a | 0.1% | |
| HomeStreet Bank | $200,000 | $225,000 | 12.5% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $225,000 | n/a | 0.1% | |
| FBC MORTGAGE, LLC | $215,000 | n/a | 0.1% | |
| NexBank | $215,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $235,000 | $215,000 | -8.5% | 0.1% |
| Princeton Mortgage Corporation | $205,000 | n/a | 0.1% | |
| ARC HOME LLC | $315,000 | $195,000 | -38.1% | 0.1% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $195,000 | n/a | 0.1% | |
| LPMC, LLC | $610,000 | $195,000 | -68.0% | 0.1% |
| MOUNTAIN AMERICA | $295,000 | $195,000 | -33.9% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $305,000 | $185,000 | -39.3% | 0.1% |
| MOUNTAIN WEST FINANCIAL, INC. | $185,000 | n/a | 0.1% | |
| CARDINAL FINANCIAL | $335,000 | $175,000 | -47.8% | 0.1% |
| ARIZONA | $165,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $880,000 | $165,000 | -81.3% | 0.1% |
| AMERICAN FINANCING CORPORATION | $185,000 | $155,000 | -16.2% | 0.1% |
| FIRST TECHNOLOGY | $1,035,000 | $155,000 | -85.0% | 0.1% |
| NEXERA HOLDING LLC | $725,000 | $155,000 | -78.6% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $145,000 | n/a | 0.1% | |
| VAN DYK MORTGAGE CORPORATION | $135,000 | n/a | 0.1% | |
| TJC Mortgage, Inc. | $125,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $295,000 | $120,000 | -59.3% | 0.0% |
| BETTER MORTGAGE CORPORATION | $740,000 | $115,000 | -84.5% | 0.0% |
| Clackamas Federal Credit Union | $360,000 | $110,000 | -69.4% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $335,000 | $105,000 | -68.7% | 0.0% |
| AMERICAN FIRST | $95,000 | n/a | 0.0% | |
| Gallic & Johnson, LLC | $1,170,000 | $95,000 | -91.9% | 0.0% |
| NBKC BANK | $85,000 | n/a | 0.0% | |
| Firefighters First Federal Credit Union | $355,000 | $75,000 | -78.9% | 0.0% |
| GSF Mortgage Corporation | $545,000 | $75,000 | -86.2% | 0.0% |
| PNC Bank | $825,000 | $75,000 | -90.9% | 0.0% |
| Bank of America | $485,000 | $65,000 | -86.6% | 0.0% |
| ADVANTIS | $55,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $505,000 | $55,000 | -89.1% | 0.0% |
| USAlliance Federal Credit Union | $35,000 | n/a | 0.0% |
Klamath Falls's top lender by overall market share is SUMMIT FUNDING, INC., with 10.1% market share. In second place, with 7.4%, is Merchants Bank of Indiana, having originated $20,005,000 in loans. In third place, with 5.6%, is QUICKEN LOANS, LLC, having originated $15,135,000 in loans. In fourth place, with 5.3%, is ROGUE, having originated $14,240,000 in loans. In fifth place, with 4.6%, is Century Mortgage Company DBA Century Lending Company, having originated $12,370,000 in loans.
Klamath Falls Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Klamath Falls (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $211,250 (16.7%) | $280,294 (4.5%) | 0.00 | 307 |
| 2018-02-01 | $211,975 (17.8%) | $274,022 (-1.0%) | 0.00 | 305 |
| 2018-03-01 | $219,000 (15.6%) | $289,276 (-2.4%) | 0.00 | 304 |
| 2018-04-01 | $237,500 (21.8%) | $309,779 (4.6%) | 0.00 | 305 |
| 2018-05-01 | $250,000 (19.2%) | $318,895 (6.0%) | 0.00 | 336 |
| 2018-06-01 | $239,000 (19.4%) | $308,275 (3.7%) | 0.00 | 376 |
| 2018-07-01 | $249,225 (24.3%) | $308,957 (4.4%) | 0.00 | 392 |
| 2018-08-01 | $248,000 (25.6%) | $311,283 (11.9%) | 0.00 | 413 |
| 2018-09-01 | $244,900 (19.5%) | $314,936 (13.0%) | 0.00 | 447 |
| 2018-10-01 | $239,950 (15.0%) | $313,740 (9.3%) | 0.00 | 423 |
| 2018-11-01 | $249,000 (17.2%) | $318,953 (10.1%) | 0.00 | 406 |
| 2018-12-01 | $244,900 (16.6%) | $317,634 (11.2%) | 0.00 | 364 |
| 2019-01-01 | $242,450 (14.8%) | $320,283 (14.3%) | 0.00 | 326 |
| 2019-02-01 | $248,000 (17.0%) | $319,435 (16.6%) | 0.00 | 293 |
| 2019-03-01 | $256,350 (17.1%) | $330,370 (14.2%) | 0.00 | 284 |
| 2019-04-01 | $264,975 (11.6%) | $333,016 (7.5%) | 0.00 | 298 |
| 2019-05-01 | $266,725 (6.7%) | $333,055 (4.4%) | 0.00 | 336 |
| 2019-06-01 | $274,950 (15.0%) | $339,890 (10.3%) | 0.00 | 399 |
| 2019-07-01 | $272,450 (9.3%) | $331,526 (7.3%) | 0.00 | 451 |
| 2019-08-01 | $268,550 (8.3%) | $330,612 (6.2%) | 0.00 | 444 |
| 2019-09-01 | $266,525 (8.8%) | $330,748 (5.0%) | 0.00 | 429 |
| 2019-10-01 | $264,925 (10.4%) | $330,489 (5.3%) | 0.00 | 410 |
| 2019-11-01 | $259,000 (4.0%) | $331,934 (4.1%) | 0.00 | 339 |
| 2019-12-01 | $247,100 (0.9%) | $330,515 (4.1%) | 0.00 | 290 |
| 2020-01-01 | $238,500 (-1.6%) | $328,837 (2.7%) | 0.00 | 246 |
| 2020-02-01 | $264,900 (6.8%) | $349,257 (9.3%) | 0.00 | 233 |
| 2020-03-01 | $258,450 (0.8%) | $341,752 (3.5%) | 0.00 | 257 |
| 2020-04-01 | $259,000 (-2.3%) | $323,260 (-2.9%) | 0.00 | 278 |
| 2020-05-01 | $275,000 (3.1%) | $353,881 (6.3%) | 0.00 | 241 |
| 2020-06-01 | $294,949 (7.3%) | $379,238 (11.6%) | 0.00 | 207 |
| 2020-07-01 | $307,500 (12.9%) | $386,452 (16.6%) | 0.00 | 212 |
| 2020-08-01 | $327,000 (21.8%) | $404,400 (22.3%) | 0.00 | 192 |
| 2020-09-01 | $336,500 (26.3%) | $426,508 (29.0%) | 0.00 | 178 |
| 2020-10-01 | $329,000 (24.2%) | $424,472 (28.4%) | 0.00 | 170 |
| 2020-11-01 | $329,000 (27.0%) | $433,023 (30.5%) | 0.00 | 135 |
| 2020-12-01 | $319,925 (29.5%) | $403,817 (22.2%) | 0.00 | 117 |
| 2021-01-01 | $325,000 (36.3%) | $418,525 (27.3%) | 0.00 | 103 |
| 2021-02-01 | $329,225 (24.3%) | $572,366 (63.9%) | 0.00 | 89 |
| 2021-03-01 | $310,975 (20.3%) | $600,309 (75.7%) | 0.00 | 76 |
| 2021-04-01 | $320,000 (23.6%) | $584,339 (80.8%) | 0.00 | 92 |
| 2021-05-01 | $334,000 (21.5%) | $543,542 (53.6%) | 0.00 | 125 |
| 2021-06-01 | $330,725 (12.1%) | $509,277 (34.3%) | 0.00 | 144 |
| 2021-07-01 | $342,450 (11.4%) | $517,143 (33.8%) | 0.00 | 152 |
| 2021-08-01 | $348,875 (6.7%) | $505,600 (25.0%) | 0.00 | 170 |
| 2021-09-01 | $342,500 (1.8%) | $488,927 (14.6%) | 0.00 | 182 |
| 2021-10-01 | $349,000 (6.1%) | $492,821 (16.1%) | 0.00 | 182 |
| 2021-11-01 | $340,750 (3.6%) | $520,694 (20.3%) | 0.00 | 148 |
| 2021-12-01 | $359,000 (12.2%) | $547,971 (35.7%) | 0.00 | 131 |
| 2022-01-01 | $353,700 (8.8%) | $567,439 (35.6%) | 0.00 | 108 |
| 2022-02-01 | $378,250 (14.9%) | $661,569 (15.6%) | 0.00 | 103 |
| 2022-03-01 | $380,750 (22.4%) | $622,098 (3.6%) | 0.00 | 119 |
| 2022-04-01 | $382,450 (19.5%) | $619,621 (6.0%) | 0.00 | 141 |
| 2022-05-01 | $375,000 (12.3%) | $571,826 (5.2%) | 0.00 | 176 |
| 2022-06-01 | $362,500 (9.6%) | $549,911 (8.0%) | 0.00 | 207 |
| 2022-07-01 | $373,000 (8.9%) | $575,527 (11.3%) | 0.00 | 214 |
| 2022-08-01 | $359,950 (3.2%) | $556,749 (10.1%) | 0.00 | 211 |
| 2022-09-01 | $370,000 (8.0%) | $567,288 (16.0%) | 0.00 | 193 |
| 2022-10-01 | $375,000 (7.5%) | $556,198 (12.9%) | 0.00 | 204 |
| 2022-11-01 | $372,450 (9.3%) | $547,460 (5.1%) | 0.00 | 210 |
| 2022-12-01 | $352,500 (-1.8%) | $471,009 (-14.0%) | 0.00 | 210 |
| 2023-01-01 | $355,000 (0.4%) | $474,581 (-16.4%) | 0.00 | 200 |
| 2023-02-01 | $355,125 (-6.1%) | $468,465 (-29.2%) | 0.00 | 199 |
| 2023-03-01 | $371,000 (-2.6%) | $507,719 (-18.4%) | 0.00 | 185 |
| 2023-04-01 | $375,000 (-2.0%) | $514,018 (-17.0%) | 0.00 | 196 |
| 2023-05-01 | $382,749 (2.1%) | $529,569 (-7.4%) | 0.00 | 208 |
| 2023-06-01 | $386,999 (6.8%) | $524,093 (-4.7%) | 0.00 | 223 |
| 2023-07-01 | $385,000 (3.2%) | $515,254 (-10.5%) | 0.00 | 267 |
| 2023-08-01 | $384,998 (7.0%) | $517,124 (-7.1%) | 0.00 | 267 |
| 2023-09-01 | $394,500 (6.6%) | $528,146 (-6.9%) | 0.00 | 272 |
| 2023-10-01 | $373,623 (-0.4%) | $534,157 (-4.0%) | 0.00 | 266 |
| 2023-11-01 | $364,950 (-2.0%) | $538,707 (-1.6%) | 0.00 | 235 |
| 2023-12-01 | $370,000 (5.0%) | $557,033 (18.3%) | 0.00 | 218 |
| 2024-01-01 | $387,998 (9.3%) | $545,597 (15.0%) | 0.00 | 186 |
| 2024-02-01 | $385,975 (8.7%) | $541,325 (15.6%) | 0.00 | 185 |
| 2024-03-01 | $389,000 (4.9%) | $569,976 (12.3%) | 0.00 | 203 |
Klamath Falls's median listing price comes in at 0% of the national average.
Klamath Falls's average listing price for 2024-03-01 was $569,976, a difference of $62,257 (12.3%) versus the prior year and $28,651 versus the prior month.
For the 2024-03-01 period, Klamath Falls had 203 MLS listings, a difference of 18 listings (10%) versus the prior month and 18 listings (10%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Klamath Falls (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,664 sqft |
| 2018-02-01 | 0 days | 1,677 sqft |
| 2018-03-01 | 0 days | 1,736 sqft |
| 2018-04-01 | 0 days | 1,806 sqft |
| 2018-05-01 | 0 days | 1,829 sqft |
| 2018-06-01 | 0 days | 1,782 sqft |
| 2018-07-01 | 0 days | 1,782 sqft |
| 2018-08-01 | 0 days | 1,775 sqft |
| 2018-09-01 | 0 days | 1,783 sqft |
| 2018-10-01 | 0 days | 1,781 sqft |
| 2018-11-01 | 0 days | 1,795 sqft |
| 2018-12-01 | 0 days | 1,792 sqft |
| 2019-01-01 | 0 days | 1,793 sqft |
| 2019-02-01 | 0 days | 1,787 sqft |
| 2019-03-01 | 0 days | 1,839 sqft |
| 2019-04-01 | 0 days | 1,874 sqft |
| 2019-05-01 | 0 days | 1,850 sqft |
| 2019-06-01 | 0 days | 1,888 sqft |
| 2019-07-01 | 0 days | 1,873 sqft |
| 2019-08-01 | 0 days | 1,870 sqft |
| 2019-09-01 | 0 days | 1,864 sqft |
| 2019-10-01 | 0 days | 1,870 sqft |
| 2019-11-01 | 0 days | 1,879 sqft |
| 2019-12-01 | 0 days | 1,844 sqft |
| 2020-01-01 | 0 days | 1,788 sqft |
| 2020-02-01 | 0 days | 1,824 sqft |
| 2020-03-01 | 0 days | 1,788 sqft |
| 2020-04-01 | 0 days | 1,779 sqft |
| 2020-05-01 | 0 days | 1,865 sqft |
| 2020-06-01 | 0 days | 1,917 sqft |
| 2020-07-01 | 0 days | 1,920 sqft |
| 2020-08-01 | 0 days | 2,050 sqft |
| 2020-09-01 | 0 days | 2,087 sqft |
| 2020-10-01 | 0 days | 1,972 sqft |
| 2020-11-01 | 0 days | 1,938 sqft |
| 2020-12-01 | 0 days | 1,788 sqft |
| 2021-01-01 | 0 days | 1,805 sqft |
| 2021-02-01 | 0 days | 1,905 sqft |
| 2021-03-01 | 0 days | 1,933 sqft |
| 2021-04-01 | 0 days | 2,019 sqft |
| 2021-05-01 | 0 days | 1,864 sqft |
| 2021-06-01 | 0 days | 1,770 sqft |
| 2021-07-01 | 0 days | 1,787 sqft |
| 2021-08-01 | 0 days | 1,720 sqft |
| 2021-09-01 | 0 days | 1,589 sqft |
| 2021-10-01 | 0 days | 1,603 sqft |
| 2021-11-01 | 0 days | 1,589 sqft |
| 2021-12-01 | 0 days | 1,615 sqft |
| 2022-01-01 | 0 days | 1,632 sqft |
| 2022-02-01 | 0 days | 1,764 sqft |
| 2022-03-01 | 0 days | 1,891 sqft |
| 2022-04-01 | 0 days | 1,904 sqft |
| 2022-05-01 | 0 days | 1,858 sqft |
| 2022-06-01 | 0 days | 1,875 sqft |
| 2022-07-01 | 0 days | 1,798 sqft |
| 2022-08-01 | 0 days | 1,712 sqft |
| 2022-09-01 | 0 days | 1,745 sqft |
| 2022-10-01 | 0 days | 1,733 sqft |
| 2022-11-01 | 0 days | 1,749 sqft |
| 2022-12-01 | 0 days | 1,748 sqft |
| 2023-01-01 | 0 days | 1,696 sqft |
| 2023-02-01 | 0 days | 1,685 sqft |
| 2023-03-01 | 0 days | 1,658 sqft |
| 2023-04-01 | 0 days | 1,706 sqft |
| 2023-05-01 | 0 days | 1,726 sqft |
| 2023-06-01 | 0 days | 1,761 sqft |
| 2023-07-01 | 0 days | 1,680 sqft |
| 2023-08-01 | 0 days | 1,760 sqft |
| 2023-09-01 | 0 days | 1,800 sqft |
| 2023-10-01 | 0 days | 1,694 sqft |
| 2023-11-01 | 0 days | 1,655 sqft |
| 2023-12-01 | 0 days | 1,704 sqft |
| 2024-01-01 | 0 days | 1,790 sqft |
| 2024-02-01 | 0 days | 1,733 sqft |
| 2024-03-01 | 0 days | 1,702 sqft |
Klamath Falls's median square footage for active listings during the 2024-03-01 period was 1,702 sqft. One year prior, the average listing was 1,658 sqft.
Klamath Falls, OR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 674 | $198,380,000 | $294,332 |
| Cash Out Refi | 205 | $39,725,000 | $193,780 |
| Other | 131 | $11,125,000 | $84,924 |
| Home Improvement | 110 | $7,990,000 | $72,636 |
| Refi | 75 | $11,695,000 | $155,933 |
Klamath Falls's most frequently cited loan purpose was Home Purchase, with 674 originations. The 2nd most popular reason was Cash Out Refi, with 205 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 419 | $101,965,000 | $243,353 |
| Over 8% | 281 | $44,825,000 | $159,520 |
| 7-8% | 268 | $62,730,000 | $234,067 |
| 5-6% | 200 | $54,110,000 | $270,550 |
| 4-5% | 12 | $3,100,000 | $258,333 |
| <2.5% | 4 | $190,000 | $47,500 |
| 3-4% | 1 | $265,000 | $265,000 |
During 2023, Klamath Falls's most frequently originated rate bucket was 6-7%, with 419 originations.
Loan Sizing (Klamath Falls, OR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 487 | $137,465,000 | $282,269 |
| $100k-200k | 325 | $49,495,000 | $152,292 |
| $100,000 or less | 287 | $15,475,000 | $53,920 |
| $400k-600k | 84 | $38,960,000 | $463,810 |
| $600k-1000k | 11 | $7,515,000 | $683,182 |
| $Over $1MM | 1 | $20,005,000 | $20,005,000 |
Klamath Falls's loan sizing saw the bucket of loans from $200k-400k with 487 originations, totaling $137,465,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 472 | $154,990,000 | $328,369 |
| 60-80% | 245 | $58,275,000 | $237,857 |
| Under 20% | 184 | $8,950,000 | $48,641 |
| 20-40% | 141 | $14,755,000 | $104,645 |
| 40-60% | 118 | $21,670,000 | $183,644 |
| Over 100% | 21 | $7,795,000 | $371,190 |
Klamath Falls's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 472 originations, totaling $154,990,000 in origination value.