Lake Oswego, OR Home Values & Market Trends
Real estate market trends reflect that there have been 806 transactions over the past year in Lake Oswego. The median value for residential home transactions that occurred over the previous year is $871,537.51. The number of current listings in Lake Oswego is 69, and the percentage of properties for sale in the city is 69.00%. Lake Oswego, OR currently has 12 properties in foreclosure, 0 bank owned properties, 11 properties headed for auction, and 69 properties for sale.
Lake Oswego, OR Real Estate Market Overview
Housing Market Summary for Lake Oswego, OR
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $837.5K | $852K | 1.73% |
| Median Sold Price | $864K | $852K | -1.39% |
| Homes For Sale | 62 | 69 | 11.29% |
| Homes Sold | 479 | 556 | 16.08% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake Oswego, OR
Browse Homes in Lake Oswego, OR
Lake Oswego home values range from $105,611 to $20,928,374. The median estimated value of a home in Lake Oswego is $871,537.51. The median list price of a home is 998,000, and the total count of properties in the city is 16,766.
- Pre-ForeclosurePre-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 $243,654 in 97035 to the lowest home value of $243,654 in 97035.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake Oswego, OR ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lake Oswego, OR. There are 2 zips within Lake Oswego, OR; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions97034 has 7 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 0.07% 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 $2,595,000 in 97035 to the lowest value of $265,757 in 97035.
Compare Nearby Cities
More Real Estate Resources for Lake Oswego, OR
Guide for Lake Oswego, OR
Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!
When house prices increase near good school, what options do home buyer have?
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.