Lake Oswego, OR Home Values & Market Trends

Real estate market trends reflect that there have been 756 transactions over the past year in Lake Oswego. The median value for residential home transactions that occurred over the previous year is $869,126.35. The number of current listings in Lake Oswego is 75, and the percentage of properties for sale in the city is 75.00%. Lake Oswego, OR currently has 7 properties in foreclosure, 1 bank owned properties, 5 properties headed for auction, and 75 properties for sale.

Lake Oswego, OR Real Estate Market Overview

ZipMedian Est. Value
97034

$ 1,125,747

$ 384/sqft

97035

$ 790,850

$ 405/sqft

Housing Market Summary for Lake Oswego, OR

Oct 2022September 2023Change
Median Listing Price$1.7M$918K-44.96%
Median Sold Price$891.1K$918K3.02%
Homes For Sale699233.33%
Homes Sold768685-10.81%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lake Oswego, OR

Lake Oswego home values range from $33,846 to $20,253,137. The median estimated value of a home in Lake Oswego is $869,126.35. The median list price of a home is 900,000, and the total count of properties in the city is 16,795.

Foreclosure
There are 2 zips within Lake Oswego, OR; within these zips, the median estimated home value for homes in foreclosure ranges from $1,123,623 in 97035 to the lowest value of $407,865 in 97035. Foreclosure homes account for 0.00% of properties in Lake Oswego, OR with 97035 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in Lake Oswego, OR with 97035 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Lake Oswego, OR; of those zips, the estimated home value for pre-foreclosure homes ranges from $677,470 in 97035 to the lowest home value of $677,470 in 97035.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lake Oswego, OR ranges from the highest value of $1,309,750 in 97035 to the lowest value of $1,309,750 in 97035. Bank owned homes and properties account for 0.01% of properties in Lake Oswego, OR. There are 2 zips within Lake Oswego, OR; 97035 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    97034 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Oswego, OR. Auction homes and other auction properties account for 0.03% of all properties in Lake Oswego, OR. There are 2 zips within Lake Oswego, OR; of those zips, the median estimated home value for homes going to auction ranges from $1,123,623 in 97034 to the lowest value of $407,865 in 97034.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.45% of residential properties in Lake Oswego, OR with 97034 containing 38 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Lake Oswego, OR; homes for sale in those zips, have a range of median values from $3,295,000 in 97035 to the lowest value of $190,745 in 97034.
    Sold Homes
    The median value for recently sold homes ranges from $8,950,000 in 97034 to the lowest price of $151,345 in 97034. There are 2 zips within Lake Oswego, OR. 97035 has 366 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.07% of properties in Lake Oswego, OR.

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