Lake Oswego, OR Housing Market
The Lake Oswego housing market is somewhat competitive. Homes in Lake Oswego receive 2 offers on average and sell in around 22 days. The median sale price of a home in Lake Oswego was $1.1M last month, down 11.9% since last year. The median sale price per square foot in Lake Oswego is $394, down 1.5% since last year.
Lake Oswego Housing Market Trends
In April 2024, Lake Oswego home prices were down 11.9% compared to last year, selling for a median price of $1.1M. On average, homes in Lake Oswego sell after 22 days on the market compared to 8 days last year. There were 64 homes sold in April this year, up from 42 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lake Oswego housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 14 days.
- Hot homescan sell for around list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 13 days.
- Hot homescan sell for about 4% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 13 days.
- Hot homescan sell for about 2% above list price and go pending in around 4 days.
Lake Oswego Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Lake Oswego from outside metros.
- Seattle homebuyers searched to move into Lake Oswego more than any other metro followed by San Francisco and Los Angeles.
- 78% of Lake Oswego homebuyers searched to stay within the Lake Oswego metropolitan area.
- Bend was the most popular destination among Lake Oswego homebuyers followed by Eugene and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 2,625 | ||
2 | 1,808 | ||
3 | 1,528 | ||
4 | 426 | ||
5 | 265 | ||
6 | 157 | ||
7 | 114 | ||
8 | 87 | ||
9 | 48 | ||
10 | 43 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 1,775 | ||
2 | 1,462 | ||
3 | 846 | ||
4 | 618 | ||
5 | 355 | ||
6 | 279 | ||
7 | 275 | ||
8 | 269 | ||
9 | 229 | ||
10 | 184 |
Home offer insights for Lake Oswego
Recent offers
View houses in Lake Oswego that sold recently
Recently sold homes
- $775,000 Last Sold Price3 beds2 baths1,770 sq ft4610 Lamont Way, Lake Oswego, OR 97035Steve Nassar • Premiere Property Group, LLCList Price$775,000Sale to List0% over listDays on Market43 days4610 Lamont Way, Lake Oswego, OR 97035
- $548,000 Last Sold Price3 beds2 baths1,572 sq ft5077 SW Dawn St, Lake Oswego, OR 97035Devin Bourne • Bespoke RealtyList Price$619,900Sale to List12% under listDays on Market49 days5077 SW Dawn St, Lake Oswego, OR 97035
- $520,000 Last Sold Price1 bed1 bath676 sq ft16061 Waluga Dr, Lake Oswego, OR 97035Andrea Guest • Keller Williams Realty ProfessionalsList Price$519,000Sale to List0% over listDays on Market32 days16061 Waluga Dr, Lake Oswego, OR 97035
- $870,000 Last Sold Price5 beds2.5 baths2,210 sq ft18225 SW 65th Ave, Lake Oswego, OR 97035Tonya LM Osborn • Premiere Property Group, LLCList Price$870,000Sale to List0% over listDays on Market61 days18225 SW 65th Ave, Lake Oswego, OR 97035
- $896,400 Last Sold Price3 beds2 baths2,064 sq ft4890 Indian Creek Ct, Lake Oswego, OR 97035RedfinList Price$925,000Sale to List3% under listDays on Market41 days4890 Indian Creek Ct, Lake Oswego, OR 97035
- $795,000 Last Sold Price3 beds2.5 baths2,849 sq ft14100 Knaus Rd, Lake Oswego, OR 97034Sara Lewis • Harnish Company RealtorsList Price$849,000Sale to List6% under listDays on Market85 days14100 Knaus Rd, Lake Oswego, OR 97034
- $254,000 Last Sold Price2 beds1.5 baths912 sq ft350 Cervantes Cir Unit 1_E, Lake Oswego, OR 97035Bobbi Inman • Soldera Properties, IncList Price$250,000Sale to List2% over listDays on Market42 days350 Cervantes Cir Unit 1_E, Lake Oswego, OR 97035
- $850,000 Last Sold Price2 beds1 bath960 sq ft761 8th St, Lake Oswego, OR 97034Kendall Woodworth • Windermere Realty TrustList Price$799,900Sale to List6% over listDays on Market20 days761 8th St, Lake Oswego, OR 97034
See all recently sold homes in Lake Oswego.
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Schools in Lake Oswego
- Elementary
- Middle
- High
GreatSchools Rating
9/10 River Grove Elementary School Public • K-5 | 526 Students | 6 reviews |
8/10 Forest Hills Elementary School Public • K-5 | 413 Students | 5 reviews |
8/10 Westridge Elementary School Public • K-5 | 422 Students | 3 reviews |
8/10 Oak Creek Elementary School Public • K-5 | 525 Students | 9 reviews |
8/10 Riverdale Grade School Public • K-8 | 377 Students | 7 reviews |
Climate's impact on Lake Oswego housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake Oswego.
Flood Factor - Major
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Fire Factor - Moderate
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Wind Factor - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Lake Oswego
Walk Score®
Transit Score®
Bike Score®
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