Is Keno, OR 97627 a buyer’s or seller’s market?
Keno is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Keno housing market right now
In the three months ending August 31, 2026, 0% of homes in Keno, OR 97627 sold above their list price, the typical home went under contract in 3 days and there were 6.4 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 (77 days then) and the median sale price rose 45% to $424,816. Overall, Keno is more competitive than a year ago, so tougher for buyers.
Within Klamath County, homes here sell faster, and 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 97627
Nearby markets
Beatty 97621Seller’s market $172 /sq ftBly 97622Buyer’s market $81 /sq ftBonanza 97623Buyer’s market $110 /sq ftChemult 97731Buyer’s market $462 /sq ft Browse all markets →Where Keno is
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Questions about Keno real estate
Is Keno a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Keno, OR 97627 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 Keno?
The typical home went under contract in 3 days in the latest three months.
Do homes in Keno sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Keno?
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 Keno?
The median sale price was $424,816 in the three months ending August 31, 2026, about $221 per square foot.
Local agents
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More tools for 97627
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology