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 11.4% 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 11.4% 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 7 days last year. There were 64 homes sold in April this year, up from 43 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 about 1% 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 around list price and go pending in around 20 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 23 days.
- Hot homescan sell for around 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
- $373,250 Last Sold Price2 beds2 baths1,305 sq ft16250 S Pacific Hwy #43, Lake Oswego, OR 97034Lynnette McNamee • Works Real EstateList Price$395,000Sale to List6% under listDays on Market35 days16250 S Pacific Hwy #43, Lake Oswego, OR 97034
- $1,220,000 Last Sold Price4 beds3 baths2,697 sq ft13660 Shireva Dr, Lake Oswego, OR 97034Mendy Miller • MORE RealtyList Price$1,295,000Sale to List6% under listDays on Market39 days13660 Shireva Dr, Lake Oswego, OR 97034
- $1,434,369 Last Sold Price4 beds4.5 baths3,290 sq ft3875 Carman Dr, Lake Oswego, OR 97035Eric Hagstette • Inhabit Real EstateList Price$1,395,000Sale to List3% over listDays on Market454 days3875 Carman Dr, Lake Oswego, OR 97035
- $700,000 Last Sold Price3 beds2.5 baths1,768 sq ft16902 Lower Meadows Dr, Lake Oswego, OR 97035Elise Kirkpatrick • Premiere Property Group, LLCList Price$700,000Sale to List0% over listDays on Market218 days16902 Lower Meadows Dr, Lake Oswego, OR 97035
- $1,745,000 Last Sold Price3 beds3 baths2,748 sq ft729 3rd St, Lake Oswego, OR 97034Tom Wilser • Premiere Property Group, LLCList Price$1,750,000Sale to List0% under listDays on Market57 days729 3rd St, Lake Oswego, OR 97034
- $616,000 Last Sold Price2 beds2.5 baths2,157 sq ft69 Condolea Ter, Lake Oswego, OR 97035Amy Radonich • Windermere Realty TrustList Price$620,000Sale to List1% under listDays on Market20 days69 Condolea Ter, Lake Oswego, OR 97035
- $1,675,000 Last Sold Price5 beds4 baths3,454 sq ft940 Capilano Ct, Lake Oswego, OR 97034Courtney Spears • Eleete Real EstateList Price$1,675,000Sale to List0% over listDays on Market44 days940 Capilano Ct, Lake Oswego, OR 97034
- $1,249,000 Last Sold Price4 beds3.5 baths3,002 sq ft13536 Streamside Dr, Lake Oswego, OR 97035Kendall Bergstrom-Delancellotti • Cascade Hasson Sotheby's International RealtyList Price$1,249,000Sale to List0% over listDays on Market40 days13536 Streamside Dr, 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.
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Fire Factor - Moderate
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Wind Factor - Minimal
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Heat Factor - Minor
Heat Factor
Transportation in Lake Oswego
Walk Score®
Transit Score®
Bike Score®
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