Is Bly, OR 97622 a buyer’s or seller’s market?
Bly is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Bly housing market right now
In the three months ending August 31, 2026, 0% of homes in Bly, OR 97622 sold above their list price, the typical home went under contract in 13 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (201 days then) and the median sale price fell 37% to $122,447. Overall, Bly is more competitive than a year ago, so tougher for buyers.
Within Klamath County, homes here sell faster than in 85% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Sprague River 97639 (100% sold over asking) and Merrill 97633 (50% sold over asking) are even more competitive.
Run the numbers for 97622
Nearby markets
Beatty 97621Seller’s market $172 /sq ftBonanza 97623Buyer’s market $110 /sq ftChemult 97731Buyer’s market $462 /sq ftChiloquin 97624Buyer’s market $248 /sq ft Browse all markets →Where Bly is
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Questions about Bly real estate
Is Bly a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Bly, OR 97622 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bly?
The typical home went under contract in 13 days in the latest three months.
Do homes in Bly sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 87.5% of the list price.
What are property taxes in Bly?
About 0.62% of a home’s value a year in Klamath County, or roughly $2,480 on a $400,000 home.
What is the median home price in Bly?
The median sale price was $122,447 in the three months ending August 31, 2026, about $81 per square foot.
Local agents
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More tools for 97622
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology