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Lake Oswego

Why you'd want to live in Lake Oswego

Lake Oswego is renowned for its beautiful lakefront properties and upscale living environment. This affluent suburb of Portland offers a unique blend of natural beauty and urban convenience, making it an appealing choice for many residents. The centerpiece of the city is Oswego Lake, where residents can enjoy boating, fishing, and other water activities during the warmer months. Lake Oswego’s downtown area features a variety of boutiques, cafes, and fine dining options that contribute to a vibrant social scene. The city also hosts numerous cultural events throughout the year, including art festivals and farmers’ markets that highlight local artisans and produce. With highly rated schools and a focus on community engagement, Lake Oswego attracts families looking for an enriching environment for their children. Furthermore, its proximity to Portland allows residents to easily access the city’s diverse offerings while enjoying the serenity of suburban life.

Lake Oswego Market Report

$1,355,762

AVERAGE PRICE OF 373 HOMES

$2,177,899

AVERAGE PRICE OF 176 MULTI-MILLION DOLLAR HOMES

$1,989,458

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$1,821,371

AVERAGE PRICE OF 42 HOMES WITH A POOL

Average Home

Average Price $1,355,762
Avg Bedrooms 3.41 beds
Avg Bathrooms 3.16 baths

Average Price by Bedrooms

1 bedroom $366,820
2 bedrooms $574,368
3 bedrooms $959,344
4 bedrooms $1,731,024
5 bedrooms $2,345,434
Lake Oswego Home Price Trends
  9/2026 8/2026 7/2026 6/2026 5/2026
Total Listings 385 390 398 n/a n/a
Average Price $1,402,300 $1,448,379 $1,511,904 n/a n/a
Avg Price Change -3.29% -4.39% n/a n/a n/a
Median Price $986,658 $1,002,306 $1,081,071 n/a n/a
Med Price Change -1.59% -7.86% n/a n/a n/a
Avg Bedrooms 3.42 beds 3.44 beds 3.46 beds n/a n/a
Avg Bathrooms 3.17 baths 3.2 baths 3.23 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price
Ida B Wells 45 $531,171
Lake Oswego 182 $1,468,121
Lakeridge 144 $1,455,511
Riverdale 1 $4,695,000
Wilsonville 1 $309,900
Home Price by House Size
Total Homes Average Price
All Homes 373 $1,355,762
Multi-Million Dollar Homes 176 $2,177,899
Newly Built Homes 43 $1,989,458
Homes with a Pool 42 $1,821,371
Keller Williams Portland Premiere
Genevieve Diehl
7504 SW Bridgeport Rd.
Portland, OR 97224
503-866-1566

All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 10/5/2026 7:45 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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