Lake Oswego Real Estate - Find Your Perfect Home For Sale!
Lake Oswego - Town vs. County Stats
Avg Price in Lake Oswego: $1,245,800 / County Avg $770,100
Avg Taxes in Lake Oswego: $10,800 / County Avg $6,000
Avg Sq. Ft. in Lake Oswego: 3,414 / County Avg 2,836
Avg Price per/ft2 in Lake Oswego: $365 / County Avg $272
Avg Walkscore in Lake Oswego: 36 / County Avg 25
Avg Year Built in Lake Oswego: 1983 / County Avg 1988
Avg Days on Website in Lake Oswego: 75 / County Avg 81
Lake Oswego Real Estate Market Health
Lake Oswego is one of the most affluent suburbs in the Portland area, and just a short drive to downtown Portland. Lake Oswego has 21 neighborhood associations that play an intregal role city government, land use, planning and other activities.
The city of Lake Oswego has a number of arts and recreation programs. The Arts Council of Lake Oswego in a nonprofit agency created to ensure that the arts are part of Lake Oswego. They support education, present exhibits, provide tours and lectures, and also maintain Lake Oswego’s permanent art collection.
Lake Oswego truly has something for everyone. During the summer there is an outdoor concert series, a farmers market, the parks and recreation department provide classes, activities and events.
The city of Lake Oswego has an 18 hole par 3 public golf course and practice range. You will also find an indoor tennis center open year round open to the public. There are a number of walking trails in the area that provide an opportunity to get out and enjoy nature. A very popular trail is the Oswego Iron Heritage trail, which guides walkers to seven sites associated with Oregon’s Pioneer History.
Summary for Lake Oswego
Average price per square foot for Lake Oswego OR was $218, an increase of 7.4% compared to the same period last year.
The median sales price for homes in Lake Oswego OR for May 14 to Aug 14 was $475,000 based on 247 home sales. Compared to the same period one year ago, the median home sales price increased 1.7%, or $8,150, and the number of home sales decreased 18.2%.
The average listing price for homes for sale in Lake Oswego OR was $852,972 for the week ending Aug 06, which represents an increase of 0.9%, or $7,330, compared to the prior week. Popular neighborhoods in Lake Oswego include Palisades and Rosewood, with average listing prices of $897,100 and $557,100.
Average Listing Price
$867,313 +1.8% w-o-w
Median Sales Price
$483,000 +4.6% y-o-y
$217 +1.9% y-o-y
Number of Sales
251 -16.3 % y-o-y
Lake Oswego has 24 schools. Some of the best schools in Lake Oswego are Forest Hills Elementary School with a GreatSchools rating of 10/10 and a parent rating of 5/5 stars, and Hallinan Elementary School with a GreatSchools rating of 10/10 and a parent rating of 5/5 stars. The average GreatSchools rating for Lake Oswego public schools is 10/10, with an average student/teacher ratio of 14:1.
• School data provided by National Center for Education Statistics, Maponics, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a school’s test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.
The current population of Lake Oswego is 33,216 with the median age of 46. Lake Oswego's median household income is $86,332, and the average household net worth is $867,006. 35% of Lake Oswego's population are long term residents having lived in their homes for more than 5 years, while 14% of Lake Oswego's population have moved in the last year.
Lake Oswego Oregon United States
Population 33,216 3,922,479 316,352,297
Median Income $86,332 $49,316 $52,961
Average Net Worth $867,006 $465,183 $495,853
Long-term Residents (5+ years) 35% 26% 35%
Annual Turnover 14% 17% 18%
Median Age 46 years 38 years 37 years