Is Gilchrist, OR 97737 a buyer’s or seller’s market?
Gilchrist is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Gilchrist housing market right now
In the three months ending August 31, 2026, 0% of homes in Gilchrist, OR 97737 sold above their list price, the typical home went under contract in 116 days and there were 19.2 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 more slowly (42 days then) and the median sale price fell 13% to $274,881. Overall, Gilchrist is less competitive than a year ago, which gives buyers more room.
Within Klamath County, homes here sell more slowly than in 92% 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 97737
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 Gilchrist is
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Questions about Gilchrist real estate
Is Gilchrist a buyer’s or seller’s market?
A buyer’s market: there were 19.2 months of supply in Gilchrist, OR 97737 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 Gilchrist?
The typical home went under contract in 116 days in the latest three months.
Do homes in Gilchrist sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.7% of the list price.
What are property taxes in Gilchrist?
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 Gilchrist?
The median sale price was $274,881 in the three months ending August 31, 2026, about $260 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology