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 12 days. The median sale price of a home in Lake Oswego was $975K last month, up 13.8% since last year. The median sale price per square foot in Lake Oswego is $412, up 11.8% since last year.
Lake Oswego Housing Market Trends
In March 2024, Lake Oswego home prices were up 13.8% compared to last year, selling for a median price of $975K. On average, homes in Lake Oswego sell after 12 days on the market compared to 27 days last year. There were 56 homes sold in March this year, up from 35 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 2% below list price and go pending in around 22 days.
- Hot homescan sell for around 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
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 26 days.
- Hot homescan sell for about 3% 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
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 24 days.
- Hot homescan sell for around list price and go pending in around 5 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 | Jan '24 - Mar '24 | ||
1 | 2,180 | ||
2 | 1,716 | ||
3 | 1,245 | ||
4 | 286 | ||
5 | 241 | ||
6 | 177 | ||
7 | 106 | ||
8 | 79 | ||
9 | 45 | ||
10 | 38 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 1,666 | ||
2 | 939 | ||
3 | 933 | ||
4 | 545 | ||
5 | 295 | ||
6 | 287 | ||
7 | 284 | ||
8 | 269 | ||
9 | 261 | ||
10 | 230 |
Home offer insights for Lake Oswego
Recent offers
View houses in Lake Oswego that sold recently
Recently sold homes
- $1,070,000 Last Sold Price4 beds3 baths2,384 sq ft1530 Larch St, Lake Oswego, OR 97034Jennifer King • Windermere Realty GroupList Price$1,039,000Sale to List3% over listDays on Market25 days1530 Larch St, Lake Oswego, OR 97034
- $1,215,000 Last Sold Price5 beds3 baths3,378 sq ft46 DA Vinci St, Lake Oswego, OR 97035Nicole Jochum • ELEETE Real EstateList Price$1,195,000Sale to List2% over listDays on Market19 days46 DA Vinci St, Lake Oswego, OR 97035
- $3,100,000 Last Sold Price5 beds4.5 baths5,016 sq ft2101 Wembley Park Rd, Lake Oswego, OR 97034Terry Sprague • LUXE Forbes Global PropertiesList Price$3,100,000Sale to List0% over listDays on Market59 days2101 Wembley Park Rd, Lake Oswego, OR 97034
- $890,000 Last Sold Price4 beds2.5 baths2,127 sq ft6236 SW Wayzata Ct, Lake Oswego, OR 97035Pam Waldman • Keller Williams Realty Portland PremiereList Price$900,000Sale to List1% under listDays on Market34 days6236 SW Wayzata Ct, Lake Oswego, OR 97035
- $797,000 Last Sold Price3 beds3 baths2,276 sq ft30 Morningview Cir, Lake Oswego, OR 97035Sherry Hawkins • Knipe Realty ERA PoweredList Price$750,000Sale to List6% over listDays on Market26 days30 Morningview Cir, Lake Oswego, OR 97035
- $656,500 Last Sold Price2 beds1.5 baths1,092 sq ft456 5th St, Lake Oswego, OR 97034Megan Meagher • Keller Williams Realty ProfessionalsList Price$650,000Sale to List1% over listDays on Market19 days456 5th St, Lake Oswego, OR 97034
- $810,000 Last Sold Price4 beds3.5 baths2,917 sq ft47 Tanglewood Dr, Lake Oswego, OR 97035Megan Banta • Stellar Realty NorthwestList Price$759,900Sale to List7% over listDays on Market34 days47 Tanglewood Dr, Lake Oswego, OR 97035
- $1,200,000 Last Sold Price3 beds3 baths3,818 sq ft13440 SW Knaus Rd, Lake Oswego, OR 97034Fay Gyapong-Porter • Oregon FirstList Price$1,200,000Sale to List0% over listDays on Market119 days13440 SW Knaus Rd, 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 | 557 Students | 6 reviews |
8/10 Forest Hills Elementary School Public • K-5 | 425 Students | 5 reviews |
8/10 Westridge Elementary School Public • K-5 | 456 Students | 3 reviews |
8/10 Oak Creek Elementary School Public • K-5 | 572 Students | 9 reviews |
8/10 Riverdale Grade School Public • K-8 | 400 Students | 8 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.
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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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