The Lake Grove housing market is somewhat competitive. The median sale price of a home in Lake Grove was $1.4M last month, down 18.3% since last year. The median sale price per square foot in Lake Grove is $446, down 18.8% since last year.
What is the housing market like in Lake Grove today?
In March 2024, Lake Grove home prices were down 18.3% compared to last year, selling for a median price of $1.4M. On average, homes in Lake Grove sell after 32 days on the market compared to 54 days last year. There were 3 homes sold in March this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,450,000
-18.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Grove, OR
$1,450,000
-18.3%
United States
To compare other locations to the Lake Grove 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 Lake Grove housing market?
Lake Grove is somewhat competitive. Homes sell in 21 days.
0
100
68
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% below list price and go pending in around 21 days.
Hot homes
can sell for around list price and go pending in around 8 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 Lake Grove housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Grove.
Risk Factor
Flood Factor - Major
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Grove has a major risk of flooding. 64 properties in Lake Grove are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Lake Grove. Flood risk is increasing slower than the national average.
51% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Grove has a minor risk of wildfire. There are 334 properties in Lake Grove that have some risk of being affected by wildfire over the next 30 years. This represents 51% of all properties in Lake Grove.