Lake Oswego

Why you'd want to live in Lake Oswego

Located in the northwestern corner of Clackamas County on the banks of the scenic Willamette River and hugging the shore of a 405-acre lake, Lake Oswego is nestled among many of Oregon’s greatest attractions: Mount Hood, the Oregon Coast, the Columbia Gorge and nearby vineyards, farmlands, and forests. Lake Oswego is also ideally situated close to Oregon’s major metropolitan areas – just eight miles south of downtown Portland and about 45 minutes north of the state capitol in Salem. Lake Oswego is considered one of the finest residential areas in Oregon. Unlike some communities its size, Lake Oswego offers full-service police and fire protection, a celebrated library, and parks system. It also provides planning and zoning regulation, building inspection and regulation, street maintenance and improvement, water, wastewater and surface water services. The schools in the city (Lake Oswego School District(link is external)) rate among the best in the state. There are also several colleges in or near Lake Oswego; Lewis & Clark College(link is external) and its affiliate Northwestern School of Law, and Portland Community College(link is external) (Sylvania campus). Although the city is primarily residential, there is some commercial development and light manufacturing. Most of the businesses are located downtown near the Willamette River on the City’s western boundary, or on the west end in the Lake Grove business district and neighborhood. Commercial properties on Kruse Way, near the interstate highway, offer some of the most sought after Class A office space in the region. There is a city-owned sports center on the Willamette River; two public swimming facilities on the privately managed Oswego Lake; an 18-hole golf course; indoor tennis center; and outdoor amphitheater right along the river. These amenities, managed by the City’s Parks and Recreation Department, help promote Lake Oswego as a place to live where you play. via https://www.ci.oswego.or.us/community/city-profile

Lake Oswego Market Report

$1,502,878

AVERAGE PRICE OF 313 HOMES

$2,244,888

AVERAGE PRICE OF 171 MULTI-MILLION DOLLAR HOMES

$2,494,700

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$2,689,412

AVERAGE PRICE OF 26 HOMES WITH A POOL

$1,322,138

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $1,502,878
Avg Bedrooms 3.21 beds
Avg Bathrooms 3 baths

Average Price by Bedrooms

1 bedroom $374,333
2 bedrooms $478,566
3 bedrooms $1,173,850
4 bedrooms $1,868,595
5 bedrooms $2,378,768
Lake Oswego Home Price Trends
  10/2025 9/2025 8/2025 7/2025 6/2025
Total Listings 350 367 395 404 406
Average Price $1,543,507 $1,591,677 $1,630,047 $1,606,045 $1,576,884
Avg Price Change -3.12% -2.41% +1.49% +1.85% +0.60%
Median Price $1,114,918 $1,167,682 $1,184,405 $1,185,968 $1,176,034
Med Price Change -4.73% -1.43% -0.13% +0.84% -0.13%
Avg Bedrooms 3.28 beds 3.29 beds 3.33 beds 3.33 beds 3.33 beds
Avg Bathrooms 3.02 baths 3.04 baths 3.06 baths 3.04 baths 3.01 baths
Home Price by High School
School Name Total Homes Average Price
Lake Oswego 154 $1,761,720
Total Homes Average Price
All Homes 313 $1,502,878
Multi-Million Dollar Homes 171 $2,244,888
Newly Built Homes 39 $2,494,700
Homes with a Pool 26 $2,689,412
Reduced Price Homes 20 $1,322,138

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All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 11/18/2025 1:38 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Based on information submitted to the MLS GRID as of November 18, 2025 1 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some listings have been excluded from this website.
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