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 $377, down 11.7% 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 15 days.
- Hot homescan sell for about 1% above 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 14 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 about 1% below list price and go pending in around 24 days.
- Hot homescan sell for about 1% 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 | Feb '24 - Apr '24 | ||
1 | 2,173 | ||
2 | 1,737 | ||
3 | 1,371 | ||
4 | 348 | ||
5 | 250 | ||
6 | 169 | ||
7 | 101 | ||
8 | 96 | ||
9 | 43 | ||
10 | 35 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 1,689 | ||
2 | 1,299 | ||
3 | 920 | ||
4 | 593 | ||
5 | 314 | ||
6 | 289 | ||
7 | 286 | ||
8 | 272 | ||
9 | 235 | ||
10 | 228 |
Home offer insights for Lake Oswego
Recent offers
View houses in Lake Oswego that sold recently
Recently sold homes
- $855,000 Last Sold Price5 beds3 baths2,879 sq ft18926 Indian Springs Rd, Lake Oswego, OR 97035Richard Compton • Premiere Property Group, LLCList Price$849,500Sale to List1% over listDays on Market21 days18926 Indian Springs Rd, Lake Oswego, OR 97035
- $275,000 Last Sold Price2 beds2 baths984 sq ft4 Touchstone #106, Lake Oswego, OR 97035Mary Johnson • Envision Northwest HomesList Price$275,000Sale to List0% over listDays on Market50 days4 Touchstone #106, Lake Oswego, OR 97035
- $1,199,500 Last Sold Price3 beds2 baths1,736 sq ft16056 Reese Rd, Lake Oswego, OR 97035Matthew Tercek • Real BrokerList Price$1,199,500Sale to List0% over listDays on Market36 days16056 Reese Rd, Lake Oswego, OR 97035
- Sign in for price Last Sold Price2 beds2 baths1,349 sq ft567 2nd St, Lake Oswego, OR 97034List Price—Sale to List—Days on Market—567 2nd St, Lake Oswego, OR 97034
- $1,500,000 Last Sold Price5 beds2.5 baths3,259 sq ft5184 Woodcrest Ln, Lake Oswego, OR 97035Laurie Bornstein • Real BrokerList Price$1,400,000Sale to List7% over listDays on Market38 days5184 Woodcrest Ln, Lake Oswego, OR 97035
- $740,000 Last Sold Price3 beds3 baths1,873 sq ft5749 Windfield Loop, Lake Oswego, OR 97035Genie Shook • John L Scott Portland SWList Price$749,000Sale to List1% under listDays on Market52 days5749 Windfield Loop, Lake Oswego, OR 97035
- $875,000 Last Sold Price3 beds2.5 baths1,976 sq ft4575 Oakridge Rd, Lake Oswego, OR 97035Marla Rumpf • Windermere Bridgeport Realty GroupList Price$885,000Sale to List1% under listDays on Market117 days4575 Oakridge Rd, Lake Oswego, OR 97035
- $907,835 Last Sold Price3 beds2 baths1,332 sq ft757 4th St, Lake Oswego, OR 97034John Nieland • Cascade Hasson Sotheby's International RealtyList Price$925,000Sale to List2% under listDays on Market28 days757 4th 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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