Why Live in Altamont
Altamont, Oregon, is a small community of over 20,000 residents, located near Klamath Falls. Originating as a lumber town, Altamont has transitioned to a services-based economy with job opportunities in retail, healthcare, and education. The housing market in Altamont is diverse, featuring manufactured homes, early 20th-century ranch-style houses, and modern Craftsman-influenced properties. The median home price is $310,000, which is lower than nearby Klamath Falls and Medford. Residents enjoy outdoor activities such as mountain hiking on Hogback Mountain and fishing in the Klamath River, which has improved fish migration due to recent dam removals. Steen Sports Park offers various sports facilities, including a skate park and pickleball courts. Mazama High School, highly rated for its unique STEM&M program, prepares students for careers in medical and STEM fields. Shopping options are limited to small markets and grocery stores, but larger stores and diverse dining options are available just beyond the Klamath Falls border. State Route 39 and Basin Connect’s bus service provide convenient access to Klamath Falls, which is three miles away and home to Sky Lakes Medical Center, a key employer for Altamont residents.
Home Trends in Altamont, OR
On average, homes in Altamont, OR sell after 38 days on the market compared to the national average of 70 days. The median sale price for homes in Altamont, OR over the last 12 months is $299,500, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$299,500
Median Single Family Sale Price
$310,000
Average Price Per Sq Ft
$211
Number of Homes for Sale
23
Last 12 months Home Sales
99
Median List Price
$322,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-8%