House Prices

House Prices & Home Values Crater Lake, OR 2026


Average Data

average house price$245,000
average size per house1340 ft²
average price per ft²183 $ / ft²

04/17/2026 - The value range (VR) for house prices in Crater Lake, OR is $183/ sqft to $183/ sqft. An average home with 1340 sqft costs approximately $245,220 to $245,220. Crater Lake, OR includes 1 ZIP codes and it is located in Klamath county. The lowest prices are found in ZIP 97604, while the highest are in ZIP 97604. The average price per sqare feet is $183. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Crater Lake

97604199 $ / ft²




Historical development of home values in Crater Lake

Year Estimated value (USD) Change vs. 2025
2010 $113,782 -53.6%
2011 $109,382 -55.4%
2012 $109,088 -55.5%
2013 $113,165 -53.8%
2014 $118,792 -51.5%
2015 $124,889 -49.0%
2016 $131,407 -46.4%
2017 $138,499 -43.5%
2018 $146,156 -40.3%
2019 $152,933 -37.6%
2020 $160,839 -34.4%
2021 $182,937 -25.3%
2022 $213,264 -13.0%
2023 $224,897 -8.2%
2024 $237,907 -2.9%
2025 $245,000 0.0%

Graph: estimated home values in Crater Lake over time (USD)



Example: 100% financing house in Crater Lake

Loan amount: $245,000

Interest rate: 6.00%

Fixed monthly payment: $1,468.90

Breakdown in the 1st month:
Interest portion: $1,225.00  –  Principal portion: $243.90

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,618.16 $3,008.63 $241,991.37
2 $14,432.59 $3,194.19 $238,797.18
3 $14,235.58 $3,391.21 $235,405.97
4 $14,026.42 $3,600.37 $231,805.60
5 $13,804.36 $3,822.43 $227,983.17
6 $13,568.60 $4,058.19 $223,924.98
7 $13,318.30 $4,308.49 $219,616.50
8 $13,052.56 $4,574.23 $215,042.27
9 $12,770.43 $4,856.36 $210,185.91
10 $12,470.90 $5,155.89 $205,030.03
11 $12,152.90 $5,473.89 $199,556.14
12 $11,815.28 $5,811.51 $193,744.63
13 $11,456.84 $6,169.95 $187,574.68
14 $11,076.29 $6,550.50 $181,024.19
15 $10,672.27 $6,954.52 $174,069.67
16 $10,243.33 $7,383.46 $166,686.21
17 $9,787.93 $7,838.85 $158,847.36
18 $9,304.45 $8,322.33 $150,525.03
19 $8,791.15 $8,835.64 $141,689.39
20 $8,246.18 $9,380.60 $132,308.79
21 $7,667.61 $9,959.18 $122,349.61
22 $7,053.35 $10,573.44 $111,776.17
23 $6,401.20 $11,225.58 $100,550.59
24 $5,708.83 $11,917.95 $88,632.64
25 $4,973.76 $12,653.03 $75,979.61
26 $4,193.35 $13,433.44 $62,546.18
27 $3,364.80 $14,261.98 $48,284.20
28 $2,485.16 $15,141.63 $33,142.57
29 $1,551.25 $16,075.53 $17,067.04
30 $559.75 $17,067.04 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Crater Lake, OR


1500 sqft3900 sqft
Ø selling price$332,145$706,563
Ø fast selling$301,950$635,907
Ø high price sale$362,341$777,220

In 2026, houses in Crater Lake, OR will be offered at an average price of $183 per square foot. A 1,500 sqft home priced at $332,145 is 24.96% more expensive per square foot than a 3,900 sqft home priced at $706,563. Home prices in Crater Lake, OR vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $489,160. Sellers who can wait longer may achieve a higher price of up to $597,861.


Crater Lake, Oregon Travel Guide

Overview

Crater Lake National Park in southern Oregon centers on the deepest lake in the United States, famed for its surreal sapphire water.
Formed in the volcanic caldera of Mount Mazama, Crater Lake is celebrated for exceptional clarity and sheer, rugged rim walls.
Visitors can cruise the scenic Rim Drive for nonstop viewpoints, wildflowers in summer, and iconic photography locations.

Top Things to See and Do

Classic activities include hiking to Discovery Point and Garfield Peak, descending the Cleetwood Cove Trail for permitted lake access, and taking seasonal boat tours to Wizard Island.
Wildlife watchers may spot Clark?s nutcrackers, pikas, and mule deer, while stargazers enjoy remarkably dark skies and brilliant Milky Way views.
Families find easy loop walks, junior ranger programs, and tranquil forest and pumice meadow strolls across the caldera rim.

When to Visit and How to Plan

Peak visitation runs July?September, but lingering snow is common and winter delivers deep powder ideal for ranger-led snowshoeing adventures.
Stay at historic Crater Lake Lodge or camp at Mazama Campground, and book early because limited accommodations sell out quickly.
From Portland, Eugene, or Medford, always check road conditions and Rim Drive openings, as storms can close routes without notice.
To protect this fragile ecosystem, practice Leave No Trace, carry water at high elevation, and respect wildlife while savoring unforgettable views of Crater Lake, OR.



FAQ – Home Values in Crater Lake

What is the median home value in Crater Lake in 2026?

In 2026, the typical home value in Crater Lake is about $245,000 for an average home size of 1340 square feet. This corresponds to an average price of roughly $183 per square foot.

What is the average cost per square foot in Crater Lake?

In 2026, homes in Crater Lake sell for an average of around $183 per square foot, with a typical range between $183 and $183 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Crater Lake is about 1340 square feet, with an estimated 2026 value around $245,000.



Locations close to Crater Lake, OR

Adel, OR54 $ / ft²
Beatty, OR49 $ / ft²
Bly, OR53 $ / ft²
Klamath Falls, OR185 $ / ft²
Williams, OR279 $ / ft²
Wilderville, OR247 $ / ft²
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