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Lake Oswego

Why you'd want to live in Lake Oswego

Lake Oswego is a picturesque suburb just south of Portland that blends upscale living with a strong sense of community. Centered around a private lake, the area is known for its beautifully maintained homes, excellent schools, and charming downtown filled with boutiques, cafes, and art galleries. It’s a great place for those who enjoy a quieter, more refined lifestyle while still being close to the amenities of a major city. The abundance of parks and walking trails, along with a strong emphasis on local events and civic engagement, gives Lake Oswego a warm, welcoming atmosphere.

Lake Oswego Market Report

$1,504,110

AVERAGE PRICE OF 309 HOMES

$490,725

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,360,531

AVERAGE PRICE OF 159 MULTI-MILLION DOLLAR HOMES

$2,110,274

AVERAGE PRICE OF 53 NEWLY BUILT HOMES

$2,648,217

AVERAGE PRICE OF 26 HOMES WITH A POOL

$1,039,840

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $1,504,110
Avg Bedrooms 3.01 beds
Avg Bathrooms 2.89 baths

Average Price by Bedrooms

1 bedroom $369,144
2 bedrooms $660,283
3 bedrooms $1,079,152
4 bedrooms $2,011,192
5 bedrooms $2,607,440
Lake Oswego Home Price Trends
  2/2026 1/2026 12/2025 11/2025 10/2025
Total Listings 285 241 261 307 350
Average Price $1,472,140 $1,434,674 $1,470,920 $1,506,127 $1,543,507
Avg Price Change +2.61% -2.53% -2.39% -2.48% -3.12%
Median Price $998,678 $981,860 $1,034,245 $1,083,107 $1,114,918
Med Price Change +1.71% -5.34% -4.72% -2.94% -4.73%
Avg Bedrooms 3 beds 2.97 beds 3.05 beds 3.2 beds 3.28 beds
Avg Bathrooms 2.92 baths 2.88 baths 2.95 baths 3 baths 3.02 baths
Home Price by High School
School Name Total Homes Average Price
Lake Oswego 167 $1,650,136
Total Homes Average Price
All Homes 309 $1,504,110
Distressed Homes 4 $490,725
Multi-Million Dollar Homes 159 $2,360,531
Newly Built Homes 53 $2,110,274
Homes with a Pool 26 $2,648,217
Reduced Price Homes 20 $1,039,840
Realty First | Clopton Team
Kevin Clopton | Phil Johnson
5200 Meadows Rd. Suite 150
Lake Oswego, OR 97035
503-349-1721
503-730-6691

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS(TM) of Portland, Oregon. Real estate listings held by brokerage firms other than Kevin Clopton - Realty First are marked with the RMLS(TM) logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © RMLS(TM), Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 3/10/2026 4:57 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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