Klamath Falls Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Klamath Falls averaged
6.51%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
6.03% and
one month ago for the week of 2023-04-20, the
average rate was 6.03%.
Klamath Falls's average rate one year ago was 5.19%.
For refis of the same type during the week of 2023-05-25, the average rate
was 5.38%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
| Klamath Falls 30 Year Fixed Rate | 2023-05-25 | 6.51% |
| Klamath Falls 30 Year Fixed Rate Refi | 2023-05-25 | 5.38% |
| Klamath Falls 15 Year Fixed Rate | 2023-05-25 | 6.07% |
| Klamath Falls 15 Year Fixed Rate Refi | 2023-05-25 | 6.07% |
| Klamath Falls 30 Year FHA | 2023-05-25 | 6.02% |
| Klamath Falls 30 Year FHA Refi | 2023-05-25 | 6.41% |
| Klamath Falls 30 Year USDA | 2023-05-25 | 6.53% |
| Klamath Falls 30 Year USDA Refi | 2023-05-25 | 6.43% |
| Klamath Falls 30 Year VA | 2023-05-25 | 5.89% |
| Klamath Falls 30 Year VA Refi | 2023-05-25 | 6.41% |
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 107 lenders originated 1,930
loans during 2022. The total origination value was $420,120,000, with an average loan value of
$217,679.
Klamath Falls's average closing costs are $5,554.
The top Klamath Falls lender as defined by loan originations is SUMMIT FUNDING, INC., with
101 loans originated. Their average total fees are
$7,952, which is $2,181
higher than the next largest lender,
CALIBER HOME LOANS, INC..
The lowest fee Klamath Falls lenders (with over 10 loans originated) are
ROGUE ($4,421), Flagstar Bank, FSB ($4,863), U.S. Bank ($5,185), Wells Fargo Bank ($5,572) and CALIBER HOME LOANS, INC. ($5,771).
The lowest rate Klamath Falls lenders (with over 10 loans originated) are
LOANDEPOT.COM, LLC (4.10%), Sierra Pacific Mortgage Company, Inc. (4.19%), AMERISAVE MORTGAGE CORPORATION (4.25%), Washington Federal Bank (4.40%) and GUILD MORTGAGE COMPANY (4.41%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| SUMMIT FUNDING, INC. | $36,810,000 | $43,195,000 | 17.3% | 10.3% |
| CALIBER HOME LOANS, INC. | $54,925,000 | $33,630,000 | -38.8% | 8.0% |
| Umpqua Bank | $46,355,000 | $28,815,000 | -37.8% | 6.9% |
| Sierra Pacific Mortgage Company, Inc. | $45,575,000 | $24,865,000 | -45.4% | 5.9% |
| QUICKEN LOANS, LLC | $57,465,000 | $23,870,000 | -58.5% | 5.7% |
| Flagstar Bank, FSB | $40,395,000 | $22,040,000 | -45.4% | 5.2% |
| ROGUE | $27,235,000 | $16,660,000 | -38.8% | 4.0% |
| Mortgage Research Center, LLC | $14,150,000 | $10,865,000 | -23.2% | 2.6% |
| HOME POINT FINANCIAL CORPORATION | $3,290,000 | $10,725,000 | 226.0% | 2.6% |
| LOANDEPOT.COM, LLC | $21,015,000 | $9,990,000 | -52.5% | 2.4% |
| ACADEMY MORTGAGE CORPORATION | $6,020,000 | $8,800,000 | 46.2% | 2.1% |
| AXIA FINANCIAL, LLC | $20,500,000 | $8,575,000 | -58.2% | 2.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $10,530,000 | $8,505,000 | -19.2% | 2.0% |
| U.S. Bank | $12,905,000 | $8,050,000 | -37.6% | 1.9% |
| Washington Federal Bank | $9,810,000 | $7,250,000 | -26.1% | 1.7% |
| AMERISAVE MORTGAGE CORPORATION | $7,650,000 | $6,565,000 | -14.2% | 1.6% |
| FREEDOM MORTGAGE CORPORATION | $27,280,000 | $6,085,000 | -77.7% | 1.4% |
| PENNYMAC LOAN SERVICES, LLC | $11,475,000 | $5,800,000 | -49.5% | 1.4% |
| GUILD MORTGAGE COMPANY | $8,770,000 | $5,335,000 | -39.2% | 1.3% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $175,000 | $4,875,000 | 2,685.7% | 1.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $6,025,000 | $4,135,000 | -31.4% | 1.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $3,975,000 | $3,430,000 | -13.7% | 0.8% |
| Wells Fargo Bank | $10,825,000 | $3,205,000 | -70.4% | 0.8% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $205,000 | $3,135,000 | 1,429.3% | 0.7% |
| FIRST COMMUNITY | $6,630,000 | $2,825,000 | -57.4% | 0.7% |
| OnPoint Community Credit Union | $2,545,000 | $2,705,000 | 6.3% | 0.6% |
| BROKER SOLUTIONS, INC. | $5,585,000 | $2,620,000 | -53.1% | 0.6% |
| Nations Lending Corporation | $2,645,000 | $2,580,000 | -2.5% | 0.6% |
| LOANPAL, LLC | $1,490,000 | $2,575,000 | 72.8% | 0.6% |
| NEWREZ LLC | $5,420,000 | $2,565,000 | -52.7% | 0.6% |
| Century Mortgage Company DBA Century Lending Company | $185,000 | $2,425,000 | 1,210.8% | 0.6% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $5,485,000 | $2,420,000 | -55.9% | 0.6% |
| 21ST MORTGAGE CORPORATION | $625,000 | $2,350,000 | 276.0% | 0.6% |
| KELLER MORTGAGE, LLC | $5,380,000 | $2,115,000 | -60.7% | 0.5% |
| MANN FINANCIAL INC. | $2,650,000 | $2,055,000 | -22.5% | 0.5% |
| Royal Business Bank | $2,005,000 | n/a | 0.5% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,770,000 | $1,945,000 | -29.8% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $4,265,000 | $1,940,000 | -54.5% | 0.5% |
| CMG MORTGAGE, INC. | $3,605,000 | $1,880,000 | -47.9% | 0.4% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $1,035,000 | $1,840,000 | 77.8% | 0.4% |
| First Interstate Bank | $3,275,000 | $1,835,000 | -44.0% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,810,000 | $1,785,000 | -36.5% | 0.4% |
| Mid Oregon Federal Credit Union | $3,150,000 | $1,770,000 | -43.8% | 0.4% |
| JPMorgan Chase Bank | $4,945,000 | $1,715,000 | -65.3% | 0.4% |
| NATIONS DIRECT MORTGAGE, LLC | $1,640,000 | $1,635,000 | -0.3% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $5,395,000 | $1,625,000 | -69.9% | 0.4% |
| NEW DAY FINANCIAL, LLC | $3,205,000 | $1,590,000 | -50.4% | 0.4% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $1,080,000 | $1,445,000 | 33.8% | 0.3% |
| Northwest Farm Credit Services, FLCA | $2,185,000 | $1,430,000 | -34.6% | 0.3% |
| USAA Federal Savings Bank | $3,650,000 | $1,420,000 | -61.1% | 0.3% |
| People's Bank of Commerce | $12,320,000 | $1,340,000 | -89.1% | 0.3% |
| Willamette Valley Bank | $1,570,000 | $1,325,000 | -15.6% | 0.3% |
| AMERICAN ADVISORS GROUP | $1,055,000 | $1,205,000 | 14.2% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $4,955,000 | $1,185,000 | -76.1% | 0.3% |
| Gallic & Johnson, LLC | $1,170,000 | n/a | 0.3% | |
| DIRECTORS MORTGAGE, INC. | $3,045,000 | $1,155,000 | -62.1% | 0.3% |
| MID AMERICA MORTGAGE, INC. | $1,605,000 | $1,150,000 | -28.3% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,860,000 | $1,130,000 | -39.2% | 0.3% |
| AMERICAN FINANCIAL RESOURCES, INC. | $525,000 | $1,065,000 | 102.9% | 0.3% |
| FIRST TECHNOLOGY | $1,390,000 | $1,035,000 | -25.5% | 0.2% |
| Banner Bank | $2,165,000 | $1,010,000 | -53.3% | 0.2% |
| GUARANTEED RATE, INC. | $555,000 | $990,000 | 78.4% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $2,830,000 | $960,000 | -66.1% | 0.2% |
| STEARNS LENDING, LLC | $13,590,000 | $930,000 | -93.2% | 0.2% |
| The Federal Savings Bank | $715,000 | $915,000 | 28.0% | 0.2% |
| SPRING EQ, LLC | $880,000 | n/a | 0.2% | |
| Paramount Residential Mortgage Group, Inc. | $590,000 | $850,000 | 44.1% | 0.2% |
| S1L, Inc. | $2,130,000 | $840,000 | -60.6% | 0.2% |
| PNC Bank | $155,000 | $825,000 | 432.3% | 0.2% |
| PLANET HOME LENDING, LLC | $1,265,000 | $815,000 | -35.6% | 0.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,090,000 | $790,000 | -27.5% | 0.2% |
| BETTER MORTGAGE CORPORATION | $2,045,000 | $740,000 | -63.8% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $525,000 | $735,000 | 40.0% | 0.2% |
| NEXERA HOLDING LLC | $265,000 | $725,000 | 173.6% | 0.2% |
| North Dallas Bank & Trust Co. | $725,000 | n/a | 0.2% | |
| Oregon State Credit Union | $205,000 | $725,000 | 253.7% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,130,000 | $700,000 | -67.1% | 0.2% |
| MORTGAGE EXPRESS, LLC | $1,715,000 | $695,000 | -59.5% | 0.2% |
| REVERSE MORTGAGE FUNDING LLC | $1,075,000 | $695,000 | -35.3% | 0.2% |
| Commerce Bank | $675,000 | n/a | 0.2% | |
| Carrington Mortgage Services, LLC | $2,495,000 | $650,000 | -73.9% | 0.2% |
| Unitus Community Credit Union | $325,000 | $650,000 | 100.0% | 0.2% |
| LPMC, LLC | $1,250,000 | $610,000 | -51.2% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $2,130,000 | $605,000 | -71.6% | 0.1% |
| Hometown Lenders, Inc. | $485,000 | $600,000 | 23.7% | 0.1% |
| Prime Choice Funding Inc. | $1,410,000 | $590,000 | -58.2% | 0.1% |
| Commerce Home Mortgage, Inc. | $1,275,000 | $580,000 | -54.5% | 0.1% |
| OPEN MORTGAGE, LLC | $360,000 | $575,000 | 59.7% | 0.1% |
| Figure Lending LLC | $160,000 | $545,000 | 240.6% | 0.1% |
| GSF Mortgage Corporation | $545,000 | n/a | 0.1% | |
| MOVEMENT MORTGAGE, LLC | $950,000 | $545,000 | -42.6% | 0.1% |
| Columbia State Bank | $1,595,000 | $540,000 | -66.1% | 0.1% |
| ALLIANT CREDIT UNION | $505,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $950,000 | $505,000 | -46.8% | 0.1% |
| KeyBank | $1,705,000 | $500,000 | -70.7% | 0.1% |
| OREGON COMMUNITY | $4,580,000 | $500,000 | -89.1% | 0.1% |
| Bank of America | $685,000 | $485,000 | -29.2% | 0.1% |
| SELCO COMMUNITY | $545,000 | $485,000 | -11.0% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $340,000 | $475,000 | 39.7% | 0.1% |
| PRIORITY HOME LENDING, LLC | $465,000 | n/a | 0.1% | |
| AMWEST FUNDING CORP. | $455,000 | n/a | 0.1% | |
| LONGBRIDGE FINANCIAL, LLC | $445,000 | n/a | 0.1% | |
| NORTHWEST COMMUNITY | $815,000 | $435,000 | -46.6% | 0.1% |
| BAY EQUITY LLC | $195,000 | $410,000 | 110.3% | 0.1% |
| Magnolia Bank | $1,675,000 | $395,000 | -76.4% | 0.1% |
| Morgan Stanley Private Bank | $395,000 | n/a | 0.1% | |
| Boeing Employees Credit Union | $320,000 | $375,000 | 17.2% | 0.1% |
| FIBRE FEDERAL CREDIT UNION | $365,000 | n/a | 0.1% | |
| Clackamas Federal Credit Union | $360,000 | n/a | 0.1% | |
| Firefighters First Federal Credit Union | $355,000 | n/a | 0.1% | |
| Pacific Lending LLC | $355,000 | n/a | 0.1% | |
| Stifel Bank and Trust | $255,000 | $355,000 | 39.2% | 0.1% |
| Bank of England | $650,000 | $350,000 | -46.2% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $650,000 | $335,000 | -48.5% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,980,000 | $335,000 | -88.8% | 0.1% |
| PANORAMA MORTGAGE GROUP, LLC | $590,000 | $335,000 | -43.2% | 0.1% |
| V.I.P. MORTGAGE, INC. | $335,000 | n/a | 0.1% | |
| Strong Home Mortgage, LLC | $325,000 | n/a | 0.1% | |
| ARC HOME LLC | $255,000 | $315,000 | 23.5% | 0.1% |
| HORIZON | $315,000 | n/a | 0.1% | |
| SWBC MORTGAGE CORPORATION | $605,000 | $315,000 | -47.9% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $920,000 | $305,000 | -66.8% | 0.1% |
| Citibank | $305,000 | n/a | 0.1% | |
| Rivermark Community Credit Union | $305,000 | n/a | 0.1% | |
| ALL REVERSE MORTGAGE, INC. | $295,000 | n/a | 0.1% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $230,000 | $295,000 | 28.3% | 0.1% |
| MORIA DEVELOPMENT, INC. | $115,000 | $295,000 | 156.5% | 0.1% |
| MOUNTAIN AMERICA | $125,000 | $295,000 | 136.0% | 0.1% |
| First Guaranty Mortgage Corporation | $955,000 | $290,000 | -69.6% | 0.1% |
| EVERETT FINANCIAL, INC. | $165,000 | $285,000 | 72.7% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $285,000 | n/a | 0.1% | |
| Gateway First Bank | $610,000 | $275,000 | -54.9% | 0.1% |
| Amerifirst Financial, Inc. | $265,000 | n/a | 0.1% | |
| GENEVA FINANCIAL, LLC | $780,000 | $265,000 | -66.0% | 0.1% |
| SUMMIT MORTGAGE CORPORATION | $335,000 | $265,000 | -20.9% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $265,000 | n/a | 0.1% | |
| NETWORK CAPITAL FUNDING CORPORATION | $425,000 | $255,000 | -40.0% | 0.1% |
| Washington Trust Bank | $255,000 | n/a | 0.1% | |
| IMPAC MORTGAGE CORP. | $195,000 | $250,000 | 28.2% | 0.1% |
| ATHAS CAPITAL GROUP, INC. | $245,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $235,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $2,540,000 | $235,000 | -90.7% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $125,000 | $235,000 | 88.0% | 0.1% |
| Lakeview Community Capital, LLC | $230,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $755,000 | $230,000 | -69.5% | 0.1% |
| CANOPY MORTGAGE, LLC | $795,000 | $225,000 | -71.7% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $245,000 | $225,000 | -8.2% | 0.1% |
| OAKTREE FUNDING CORP. | $215,000 | n/a | 0.1% | |
| STAR ONE CREDIT UNION | $215,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $545,000 | $215,000 | -60.6% | 0.1% |
| KINECTA | $555,000 | $205,000 | -63.1% | 0.0% |
| Northpointe Bank | $505,000 | $205,000 | -59.4% | 0.0% |
| OREGONIANS CREDIT UNION | $205,000 | n/a | 0.0% | |
| HomeStreet Bank | $2,200,000 | $200,000 | -90.9% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $195,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $2,145,000 | $185,000 | -91.4% | 0.0% |
| LADERA LENDING, INC. | $540,000 | $185,000 | -65.7% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $145,000 | $180,000 | 24.1% | 0.0% |
| AmeriHome Mortgage Company, LLC | $195,000 | $175,000 | -10.3% | 0.0% |
| RESIDENTIAL BANCORP. | $175,000 | n/a | 0.0% | |
| Ally Bank | $165,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $165,000 | n/a | 0.0% | |
| Discover Bank | $95,000 | $155,000 | 63.2% | 0.0% |
| Evergreen Federal Bank | $155,000 | n/a | 0.0% | |
| MUFG Union Bank | $400,000 | $155,000 | -61.3% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $840,000 | $155,000 | -81.5% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $265,000 | $145,000 | -45.3% | 0.0% |
| 1st Security Bank of Washington | $820,000 | $135,000 | -83.5% | 0.0% |
| RED CANOE CREDIT UNION | $135,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $280,000 | $125,000 | -55.4% | 0.0% |
| INFINITY EQUITY GROUP, INC. | $195,000 | $115,000 | -41.0% | 0.0% |
| SOFI LENDING CORP. | $540,000 | $115,000 | -78.7% | 0.0% |
| North American Savings Bank, F.S.B. | $135,000 | $105,000 | -22.2% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $680,000 | $105,000 | -84.6% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $95,000 | n/a | 0.0% | |
| HERITAGE GROVE Federal Credit Union | $55,000 | n/a | 0.0% | |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $55,000 | n/a | 0.0% |
Klamath Falls's top lender by overall market share is SUMMIT FUNDING, INC., with 10.3% market share. In second place, with 8.0%, is CALIBER HOME LOANS, INC., having originated $33,630,000 in loans. In third place, with 6.9%, is Umpqua Bank, having originated $28,815,000 in loans. In fourth place, with 5.9%, is Sierra Pacific Mortgage Company, Inc., having originated $24,865,000 in loans. In fifth place, with 5.7%, is QUICKEN LOANS, LLC, having originated $23,870,000 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 | $248,000 (23.4%) | $308,715 (4.2%) | 0.00 | 393 |
| 2018-08-01 | $246,975 (24.9%) | $310,817 (11.7%) | 0.00 | 414 |
| 2018-09-01 | $244,900 (19.2%) | $314,936 (12.9%) | 0.00 | 447 |
| 2018-10-01 | $239,950 (14.5%) | $313,740 (9.2%) | 0.00 | 423 |
| 2018-11-01 | $249,000 (16.6%) | $318,953 (10.0%) | 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 | $250,000 (14.2%) | $324,872 (12.3%) | 0.00 | 286 |
| 2019-04-01 | $264,950 (11.6%) | $332,671 (7.4%) | 0.00 | 300 |
| 2019-05-01 | $266,425 (6.6%) | $332,751 (4.3%) | 0.00 | 337 |
| 2019-06-01 | $274,900 (15.0%) | $339,619 (10.2%) | 0.00 | 400 |
| 2019-07-01 | $272,450 (9.9%) | $331,296 (7.3%) | 0.00 | 452 |
| 2019-08-01 | $279,900 (13.3%) | $342,719 (10.3%) | 0.00 | 470 |
| 2019-09-01 | $275,000 (12.3%) | $341,426 (8.4%) | 0.00 | 436 |
| 2019-10-01 | $264,800 (10.4%) | $330,254 (5.3%) | 0.00 | 411 |
| 2019-11-01 | $259,000 (4.0%) | $331,628 (4.0%) | 0.00 | 340 |
| 2019-12-01 | $246,125 (0.5%) | $330,157 (3.9%) | 0.00 | 291 |
| 2020-01-01 | $238,250 (-1.7%) | $328,453 (2.6%) | 0.00 | 247 |
| 2020-02-01 | $264,450 (6.6%) | $348,763 (9.2%) | 0.00 | 234 |
| 2020-03-01 | $257,975 (3.2%) | $341,327 (5.1%) | 0.00 | 258 |
| 2020-04-01 | $258,500 (-2.4%) | $322,920 (-2.9%) | 0.00 | 279 |
| 2020-05-01 | $275,000 (3.2%) | $353,802 (6.3%) | 0.00 | 241 |
| 2020-06-01 | $294,949 (7.3%) | $379,238 (11.7%) | 0.00 | 207 |
| 2020-07-01 | $307,500 (12.9%) | $386,452 (16.7%) | 0.00 | 212 |
| 2020-08-01 | $327,000 (16.8%) | $404,400 (18.0%) | 0.00 | 192 |
| 2020-09-01 | $336,500 (22.4%) | $426,508 (24.9%) | 0.00 | 178 |
| 2020-10-01 | $329,000 (24.2%) | $424,472 (28.5%) | 0.00 | 170 |
| 2020-11-01 | $329,000 (27.0%) | $433,023 (30.6%) | 0.00 | 135 |
| 2020-12-01 | $319,925 (30.0%) | $403,817 (22.3%) | 0.00 | 117 |
| 2021-01-01 | $325,000 (36.4%) | $418,525 (27.4%) | 0.00 | 103 |
| 2021-02-01 | $329,225 (24.5%) | $572,366 (64.1%) | 0.00 | 89 |
| 2021-03-01 | $310,975 (20.5%) | $600,309 (75.9%) | 0.00 | 76 |
| 2021-04-01 | $320,000 (23.8%) | $584,339 (81.0%) | 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 |
Klamath Falls's median listing price comes in at 0% of the national average.
Klamath Falls's average listing price for 2023-04-01 was $514,018, a difference of $-105,603 (-17.0%) versus the prior year and $6,299 versus the prior month.
For the 2023-04-01 period, Klamath Falls had 196 MLS listings, a difference of 11 listings (6%) versus the prior month and 55 listings (39%) 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 | 1,831 sqft |
| 2019-04-01 | 0 days | 1,882 sqft |
| 2019-05-01 | 0 days | 1,848 sqft |
| 2019-06-01 | 0 days | 1,887 sqft |
| 2019-07-01 | 0 days | 1,869 sqft |
| 2019-08-01 | 0 days | 1,904 sqft |
| 2019-09-01 | 0 days | 1,901 sqft |
| 2019-10-01 | 0 days | 1,876 sqft |
| 2019-11-01 | 0 days | 1,878 sqft |
| 2019-12-01 | 0 days | 1,844 sqft |
| 2020-01-01 | 0 days | 1,780 sqft |
| 2020-02-01 | 0 days | 1,822 sqft |
| 2020-03-01 | 0 days | 1,785 sqft |
| 2020-04-01 | 0 days | 1,775 sqft |
| 2020-05-01 | 0 days | 1,863 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 |
Klamath Falls's median square footage for active listings during the 2023-04-01 period was 1,706 sqft. One year prior, the average listing was 1,904 sqft.
Klamath Falls, OR Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 972 | $260,770,000 | $268,282 |
| Cash Out Refi | 460 | $96,130,000 | $208,978 |
| Refi | 209 | $38,195,000 | $182,751 |
| Home Improvement | 173 | $14,475,000 | $83,671 |
| Other | 116 | $10,550,000 | $90,948 |
Klamath Falls's most frequently cited loan purpose was Home Purchase, with 972 originations. The 2nd most popular reason was Cash Out Refi, with 460 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 488 | $118,280,000 | $242,377 |
| 4-5% | 466 | $105,720,000 | $226,867 |
| 3-4% | 440 | $100,350,000 | $228,068 |
| 6-7% | 220 | $43,920,000 | $199,636 |
| 2.5-3% | 135 | $25,255,000 | $187,074 |
| 7-8% | 70 | $10,980,000 | $156,857 |
| Over 8% | 55 | $5,195,000 | $94,455 |
| <2.5% | 32 | $6,430,000 | $200,938 |
During 2022, Klamath Falls's most frequently originated rate bucket was 5-6%, with 488 originations.
Loan Sizing (Klamath Falls, OR MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 798 | $219,690,000 | $275,301 |
| $100k-200k | 621 | $94,295,000 | $151,844 |
| $100,000 or less | 340 | $19,430,000 | $57,147 |
| $400k-600k | 147 | $69,475,000 | $472,619 |
| $600k-1000k | 23 | $15,225,000 | $661,957 |
| $Over $1MM | 1 | $2,005,000 | $2,005,000 |
Klamath Falls's loan sizing saw the bucket of loans from $200k-400k with 798 originations, totaling $219,690,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 730 | $200,910,000 | $275,219 |
| 60-80% | 519 | $126,525,000 | $243,786 |
| 40-60% | 262 | $50,260,000 | $191,832 |
| Under 20% | 185 | $8,875,000 | $47,973 |
| 20-40% | 170 | $19,160,000 | $112,706 |
| Over 100% | 22 | $7,550,000 | $343,182 |
Klamath Falls's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 730 originations, totaling $200,910,000 in origination value.