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 $374, down 9.43% 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 17 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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 15 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
- $907,500 Last Sold Price4 beds3 baths3,392 sq ft21 Hidalgo St, Lake Oswego, OR 97035Lara James • Keller Williams Realty Portland PremiereList Price$939,000Sale to List3% under listDays on Market68 days21 Hidalgo St, Lake Oswego, OR 97035
- $2,300,000 Last Sold Price4 beds3.5 baths4,064 sq ft1547 Glenmorrie Dr, Lake Oswego, OR 97034Robin Hakeman • Living Room RealtyList Price$2,250,000Sale to List2% over listDays on Market26 days1547 Glenmorrie Dr, Lake Oswego, OR 97034
- $1,000,000 Last Sold Price3 beds2.5 baths2,123 sq ft3311 Fir Ridge Rd, Lake Oswego, OR 97035Sheila Johnson • Windermere Realty TrustList Price$998,000Sale to List0% over listDays on Market35 days3311 Fir Ridge Rd, Lake Oswego, OR 97035
- $2,000,000 Last Sold Price5 beds5.5 baths5,975 sq ft17660 Wayside Ln, Lake Oswego, OR 97034Kendall Bergstrom-Delancellotti • Cascade Hasson Sotheby's International RealtyList Price$2,195,000Sale to List9% under listDays on Market132 days17660 Wayside Ln, Lake Oswego, OR 97034
- $1,845,000 Last Sold Price4 beds3.5 baths4,074 sq ft4956 Park Bluff Pl, Lake Oswego, OR 97035John DeCosta • Keller Williams Realty Portland PremiereList Price$1,845,000Sale to List0% over listDays on Market138 days4956 Park Bluff Pl, Lake Oswego, OR 97035
- $250,000 Last Sold Price3 beds2.5 baths1,350 sq ft4 Touchstone #128, Lake Oswego, OR 97035Victor Wang • MORE RealtyList Price$250,000Sale to List0% over listDays on Market180 days4 Touchstone #128, Lake Oswego, OR 97035
- $1,660,000 Last Sold Price4 beds3.5 baths4,078 sq ft4050 Pfeifer Ct, Lake Oswego, OR 97035Tracy Hasson • Cascade Hasson Sotheby's International RealtyList Price$1,695,000Sale to List2% under listDays on Market22 days4050 Pfeifer Ct, Lake Oswego, OR 97035
- $305,000 Last Sold Price2 beds2 baths938 sq ft86 Kingsgate Rd Unit D106, Lake Oswego, OR 97035Grace Kim • Keller Williams Realty Portland PremiereList Price$310,000Sale to List2% under listDays on Market28 days86 Kingsgate Rd Unit D106, Lake Oswego, OR 97035
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
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Lake Oswego
Walk Score®
Transit Score®
Bike Score®
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