
285 Cervantes
Lake Oswego, OR 97035
Casey Riley · Cascade Hasson Sotheby's International Realty
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Housing market overview · Updated monthly ·
$1.03Mmedian sale price
The median home sale price in Lake Oswego, OR is $1.03M, up 15.7% year-over-year. Homes sell in an average of 15 days with 249 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Lake Oswego, OR is currently a balanced market, based on 3.4 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
74
Last 12 weeks
Days on market
15
Fast-moving
Active listings
249
3.4 months supply
Sale-to-list
99.2%
Below asking
| Metric | Value |
|---|---|
| Median sale price | $1.03M |
| Median list price | $1.28M |
| Year-over-year price change | +15.7% |
| Average days on market | 15 days |
| Active inventory | 249 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 99.2% |
| Median price per sq ft | $373/sq ft |
| Homes sold (latest month) | 74 |
| New listings (latest month) | 99 |
| Listings with a price cut | 40.2% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How the Lake Oswego, OR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.17M | $408/sq ft | 58 | 13 days |
| Condo / Co-op | $344,000 | $295/sq ft | 11 | 21 days |
| Townhouse | $754,520 | $451/sq ft | 4 | 24 days |
Source: Redfin · Updated monthly
The Lake Oswego housing market is currently classified as a balanced market with a median sale price of $1.03M. Prices have risen 15.7% compared to last year, with homes spending an average of 15 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.4x provides context for how home values compare to local earning capacity.
There are currently 249 homes listed for sale in Lake Oswego, Oregon. The median listing price is $1.3M. Featured listings range from $275,000 to $2,995,000.

Lake Oswego, OR 97035
Casey Riley · Cascade Hasson Sotheby's International Realty

Lake Oswego, OR 97035
Laura Johansen · Premiere Property Group, LLC

Lake Oswego, OR 97034
John Carswell · Bella Casa Real Estate Group

Lake Oswego, OR 97035
Michele Montoya · MORE Realty

Lake Oswego, OR 97035
Valerie Curalli · MORE Realty

Lake Oswego, OR 97035
Tim Jackson · Premiere Property Group, LLC

Lake Oswego, OR 97034
Randy Bylsma · Premiere Property Group, LLC

Lake Oswego, OR 97034
Ian De Kalb · Lark and Fir Realty LLC

Lake Oswego, OR 97034
Allison Williams · Real Broker

Lake Oswego, OR 97035
Todd Knudsen · Berkshire Hathaway HomeServices NW Real Estate

Lake Oswego, OR 97034
Laura Cavanaugh · Harnish Company Realtors

Lake Oswego, OR 97034
Mary Jo Avery · Avery Bunick Properties
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Active listings
249
Homes on market
Median list price
$1.3M
Avg. days on market
15
Days until sale
New this week
99
Newly listed
Population
40,367
Median income
$140,441/yr
Median age
46.5 years
Owner-occupied
70.8%
College grads
75.1%
Avg commute
22.2 min
Source: U.S. Census Bureau ACS
Zillow home value
$898,637
Zillow rent index
$2,258/mo
Price-to-rent ratio
33.2x
Price-to-income
6.4x
Source: Zillow Research
Lake Oswego is a community of approximately 40K residents with a median age of 46.5 years.The median household income is $140,441, which reflects a relatively affluent area with strong earning potential. 75.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 70.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Oswego offers a balanced lifestyle with accessible home values relative to local income levels.
12 schools tracked · 6,789 students
The largest public schools serving Lake Oswego, OR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lake Oswego Senior High School
Grades 9-12 · 1,275 students
Lakeridge High School
Grades 9-12 · 1,198 students
Lake Oswego Middle School
Grades 6-8 · 832 students
Lakeridge Middle School
Grades 6-8 · 827 students
Westridge Elementary School
Grades K-5 · 461 students
Lake Grove Elementary School
Grades K-5 · 435 students
Oak Creek Elementary School
Grades K-5 · 406 students
Forest Hills Elementary School
Grades K-5 · 399 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Lake Oswego side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Lake Oswego, the price-to-rent ratio of 33.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 15.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lake Oswego's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lake Oswego's median home price.
The median home sale price in Lake Oswego is $1.03M, up 15.7% from last year.
Homes typically spend 15 days on market before going under contract.
The median household income is $140,441 per year.
With 3.4 months of supply, Lake Oswego is currently a balanced market.
There are currently 249 homes listed for sale in Lake Oswego, OR.
The Zillow Home Value Index (ZHVI) for Lake Oswego is $898,637, representing the typical home value in the area.
The median condo/co-op sale price in Lake Oswego, OR is $344,000, compared to $1.17M for a single-family home, based on the latest Redfin data.
The median single-family home price in Lake Oswego, OR is $1.17M (about $408 per square foot).
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