Median home value in zip code 97623 (Bonanza, OR) is $304,595, up 1.1% year over year. Part of the Klamath Falls, OR metropolitan area.

Home Value$304,595

YoY Change

+1.1%

Prices rising — worse for buyers.

Affordability

Enter your income for 97623 (Bonanza).

Income (annual)

Down Payment

$60,919 on $304,595

Example: $75,000 household income. Change it above to see your own.

Stretch30.2% of income

Above 28% but manageable with cuts.

PITI$1,886

P/I30.2%

Afford$283K

Gap-$22K

P&I $1,540Tax $246Ins $100

6.50% 30yr, 20% down, county tax + OR ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

97623 is part of the Klamath Falls, OR metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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