What is the housing market like in Westlake today?
In March 2024, Westlake home prices were down 9.8% compared to last year, selling for a median price of $1.1M. On average, homes in Westlake sell after 43 days on the market compared to 26 days last year. There were 2 homes sold in March this year, up from 1 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,105,000
-9.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Westlake, OR
$1,105,000
-9.8%
United States
To compare other locations to the Westlake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lake Oswego add value to a home.
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How hot is the Westlake housing market?
Westlake is somewhat competitive. Homes sell in 5 days.
0
100
46
Somewhat Competitive
Redfin Compete Score™
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 12 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 5 days.
Hot homes
can sell for about 6% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Westlake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Westlake.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Westlake has a minor risk of flooding. properties in Westlake are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Westlake. Flood risk is increasing slower than the national average.
38% of properties are at risk of wildfire over the next 30 years
Fire Factor
Westlake has a minor risk of wildfire. There are 209 properties in Westlake that have some risk of being affected by wildfire over the next 30 years. This represents 38% of all properties in Westlake.