Klamath Falls, OR

Population: 21,207
Average annual home appreciation rate: 15.48%
Total of homes for sale in this market: 440
Median home price: $148,246
Median Rent: $802 per room
Home price range: 43.12% of homes are between $106,001 – $213,000
Median sales price: $132,836
Number of homes: 169
Median foreclosure sales price: $94,279
Foreclosure discount: 29%
Most common home type: 64.00% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 11.01%
Number of renters: 53.61%
Number of owner occupied: 46.39%
Number people living below poverty level: 25.51%
Unemployment rate: 7.90%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Klamath Falls area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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