97603 Homes under $500,000

Welcome to Klamath Falls, Oregon, a hidden gem nestled in the heart of Klamath County, where the majestic Cascade Mountains meet serene lakes and rivers. The zip code 97603 encompasses a vibrant community that offers a perfect blend of natural beauty, outdoor adventures, and a welcoming atmosphere. Known for its stunning landscapes and rich history, Klamath Falls is an ideal location for those seeking a peaceful yet engaging lifestyle.

If you’re looking to call this charming city home, you’ll be delighted to discover a variety of homes available for under $500,000. Whether you’re a first-time homebuyer, looking to downsize, or seeking an investment property, Klamath Falls offers an array of options to suit your needs. From cozy single-family homes with sprawling yards to modern townhouses with contemporary finishes, there’s something for everyone.

The local real estate market is thriving, and with prices remaining accessible, now is the perfect time to explore your options. Imagine waking up to breathtaking views of Crater Lake National Park or enjoying weekend hikes in the nearby mountains. The community is also rich in amenities, including parks, schools, shops, and dining options, making it a great place to live and grow.

With its affordable housing market and stunning natural surroundings, Klamath Falls is more than just a place to live; it’s a place to thrive. Explore the possibilities in zip code 97603 and find your dream home today!

Newest 97603 Homes under $500,000

$235,000

3 Beds ⋅ 1 Baths ⋅ 220229545 MLS

Opportunity awaits! This cute home would be an amazing investment for your portfolio, starter home, etc. The layout really makes the most of the square footage, the large carport and driveway provide plenty of parking space. The back yard is fully fenced and there's a couple different storage sheds, bring your imagination & make it your own!

4331 Gary Street, Klamath Falls

Listing courtesy of Roots Real Estate Collective LLC..

$359,900

3 Beds ⋅ 2 Baths ⋅ 220229528 MLS

Thoughtfully updated single-level home in the established Gatewood neighborhood! This 3-bedroom, 2-bath home offers approximately 1,500 sq ft with a comfortable, functional layout. The updated kitchen features new cabinetry and beautiful butcher block countertops, while a gas fireplace adds warmth and character to the living room. Solar provides an additional energy-conscious feature. Outside, enjoy low-maintenance front and back yards, a new vinyl privacy fence, vinyl deck and dedicated firepit area perfect for outdoor entertaining. A backyard storage shed provides additional storage, while room for RV parking adds even more flexibility. An attached two-car garage completes the package. Seller is offering up to $10,000 toward buyer concessions with an acceptable offer, giving buyers added flexibility to help with allowable costs associated with their purchase. Ask your agent for details.

4832 Driftwood Drive, Klamath Falls

Listing courtesy of Coldwell Banker Holman Premier.

$389,000

3 Beds ⋅ 2 Baths ⋅ 220228965 MLS

✨ BEAUTIFULLY UPDATED & ENERGY EFFICIENT! ✨Discover this inviting 3-bedroom, 2-bath with Office/Denhome offering 1,782 sq. ft. of comfortable living space in a desirable residential neighborhood. From the moment you arrive, you'll appreciate the thoughtful updates and features that make this property stand out. Enjoy a newer roof, newer exterior paint, tankless water heater, stainless steel appliances, and solar panels that help keep electric costs very low. Central air conditioning, added in 2021, provides comfortable temperatures year-round. The spacious 2-car garage offers plenty of room for vehicles and storage, plus additional parking on the side of the home. During the holiday seasons, the neighborhood becomes especially festive, with beautiful decorations and popular street events that have become a tradition in the area. With its modern updates, energy-saving features, ample parking, and convenient amenities, this home offers comfort, value, and a wonderful place to call home

5122 Villa Drive SE, Klamath Falls

Listing courtesy of Infinity Real Estate Group-Keller Williams Realty Southern Oregon.

$325,000

3 Beds ⋅ 2 Baths ⋅ 220229371 MLS

Lovingly maintained 3-bedroom, 2-bath home offering 1,767 sq ft in a quiet South Suburbs neighborhood. Fantastic layout with two living rooms, generously sized bedrooms, a large kitchen & great dining area. Separate laundry space and wonderful primary bedroom. The enclosed porch adds valuable flexible space--perfect for a sunroom, studio, home office, plant room or 3rd living area. Attached garage offers convenient parking plus extra storage. Plenty of room to park an RV, boat or recreational toys. Fenced backyard provides space for pets, entertaining or creating your own garden area. Conveniently located near schools, transportation, and the OC&E Trail, this charming home offers comfortable living with plenty of space, storage, and versatility.

3219 Caroline Street, Klamath Falls

Listing courtesy of Fisher Nicholson Realty, LLC.

$385,000

3 Beds ⋅ 2 Baths ⋅ 220229353 MLS

This 3 bedroom 2 bath house with an office. Could be a 4 bedroom home. it is a split floor plana located in a well-established south suburban neighborhood. The kitchen has recently been remodeled with new cabinets and granite counter tops and has a breakfast bar along with a pantry. There are vaulted ceilings with a very open feel to the main living area. The roof is new within the last year as well as the exterior paint. Heat is gas forced air with A/C

3262 Hammer Street, Klamath Falls

Listing courtesy of Keller Williams Realty Southern Oregon.

$279,000

3 Beds ⋅ 2 Baths ⋅ 220229350 MLS

Welcome to 2746 Bisbee Street, a charming 3-bedroom, 2-bath home filled with vintage character and warmth. Inside, you'll find beautiful details, including some hardwood flooring and a cozy gas fireplace that adds to the inviting feel of the home. Step outside and discover a spacious backyard that's truly something special, featuring amazing mature trees, a gazebo perfect for relaxing or entertaining, and plenty of room to enjoy the outdoors. In addition to the garage, there's a separate workshop offering great space for hobbies, projects, or extra storage. A double gate provides convenient access to the backyard and creates a great option for RV, boat, or additional off-street parking. If you've been looking for a home with personality, usable outdoor space, and plenty of room for your toys and projects, this one is definitely worth a look!

2746 Bisbee Street, Klamath Falls

Listing courtesy of Fisher Nicholson Realty, LLC.

11800 Tingley Lane UNIT 36 Unit UNIT 36, Klamath Falls

$149,000

2 Beds ⋅ 2 Baths ⋅ 220229272 MLS

Truly a must see! Discover refined living in this beautifully designed and impeccably maintained home located in a desirable 55+ community. From the professionally landscaped grounds to the thoughtfully appointed interior, every detail reflects pride of ownership and exceptional care. A truly special setting awaits, with tranquil water views and an expansive open field directly behind the home, creating a sense of privacy, serenity, and natural beauty. The immaculate interior is bright, elegant, and inviting, offering a sophisticated yet comfortable atmosphere. Beautiful landscaping enhances the home's impressive curb appeal, while the peaceful surroundings provide the perfect backdrop for relaxing and entertaining. Meticulously cared for and move-in ready, this exceptional residence offers an elevated lifestyle in a beautiful community. A rare opportunity to enjoy comfort, elegance, and breathtaking surroundings.

11800 Tingley Lane UNIT 36 Unit UNIT 36, Klamath Falls

Listing courtesy of Roots Real Estate Collective LLC..

$340,000

3 Beds ⋅ 2 Baths ⋅ 220229222 MLS

Don't let the smaller square footage on this one fool you. The layout perfectly utilizes every square inch, and the vaulted ceilings help make this space to be surprisingly spacious! Single level with 3 spacious bedrooms, including a primary suite. Attached two car garage. Lovely, landscaped yard with plenty of usable space. Tons of curb appeal with the cutest covered front patio. Sprinklers and drip irrigation front and back. RV parking. Forced air heating and cooling for comfort! Seller is offering an allowance for flooring or other buyer desired upgrades. Home comes furnished if desired by buyer and with acceptable offer. All loan types welcome!

3235 Paramont Street, Klamath Falls

Listing courtesy of Fisher Nicholson Realty, LLC.

$339,000

4 Beds ⋅ 2 Baths ⋅ 220229201 MLS

OPEN HOUSE SATURDAY OCTOBER 3, 2026 FROM 11AM TO 1PM LOCATED IN THE HENLEY SCHOOL DISTICT!!! THIS is an incredible opportunity to own a rare 4-bedroom home at a price that's hard to find in today's market. Thoughtfully updated with newer flooring and interior paint, this home offers space, comfort, and value. Enjoy the private freshly stained fence and 20x40 deck, 220v garage, and flexible layout. In the Henley School district and centrally located to shopping! Priced to sell quickly--don't miss your chance to get more home for your money. Schedule your showing Today! Priced at $339,000.00

5594 Kellal Lane, Klamath Falls

Listing courtesy of Keller Williams Realty Southern Oregon.

$385,000

3 Beds ⋅ 2 Baths ⋅ 220229174 MLS

A Shop!!!! This 2001 Manufactured Home and attached two car garage with vaulted ceilings has so much to offer and includes a very open floor plan that is very spacious. The concrete patio in front approx 40'x32' is absolutely stunning to sit and watch the amazing sunsets and see the gorgeous mountains. The backyard has a deck ,a fenced corner lot with a gate to bring in a car if needed. THEN there is a 20' x 70' shop that is all concrete, wired with 220 amp total amperage is 125. Water, sewer, gas is installed in the shop, sheet rocked and insulated. 12.5 ' tall x 16 wide door to open for a motorhome, ceiling is 14' All this is in our North Hills subdivision.

5947 Springcrest Way, Klamath Falls

Listing courtesy of Fisher Nicholson Realty, LLC.

$259,000

3 Beds ⋅ 1 Baths ⋅ 220229102 MLS

This beautifully refreshed home shines with a full top-to-bottom renovation, offering the feel of a brand-new residence. Nearly everything has been updated, including new flooring, new roof, new appliances, and a powerful 2.5-ton mini-split system for efficient year-round comfort. The interior features new kitchen cabinets, a new vanity, fresh interior and exterior paint, and both a new tub/shower combo and a new walk-in shower. A convenient stackable washer and dryer completes the modern upgrades. Move-in ready, thoughtfully updated, and designed for easy living -- this home delivers exceptional value and peace of mind.

4749 Harlan Drive, Klamath Falls

Listing courtesy of Save Big Realty.

$255,000

3 Beds ⋅ 2 Baths ⋅ 220229068 MLS

This Falcon Heights condo has some tasteful updates including updated bathrooms, painted kitchen cabinet and flooring. It is a 3 bed 1.5 bath home with alley access to allow for extra parking in the back yard. The house has A/C and a 1 car garage. It is a separate driveway setup so you are not sharing driveways

10107 Wright Avenue, Klamath Falls

Listing courtesy of Keller Williams Realty Southern Oregon.

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