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

$1,514,212

AVERAGE PRICE OF 291 HOMES

$320,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,431,411

AVERAGE PRICE OF 145 MULTI-MILLION DOLLAR HOMES

$2,214,994

AVERAGE PRICE OF 52 NEWLY BUILT HOMES

$2,697,686

AVERAGE PRICE OF 28 HOMES WITH A POOL

$721,069

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $1,514,212
Avg Bedrooms 3.02 beds
Avg Bathrooms 2.94 baths

Average Price by Bedrooms

1 bedroom $343,890
2 bedrooms $595,611
3 bedrooms $1,083,364
4 bedrooms $2,014,875
5 bedrooms $2,679,895
Lake Oswego Home Price Trends
  1/2026 12/2025 11/2025 10/2025 9/2025
Total Listings 241 261 307 350 367
Average Price $1,434,674 $1,470,920 $1,506,127 $1,543,507 $1,591,677
Avg Price Change -2.53% -2.39% -2.48% -3.12% -2.41%
Median Price $981,860 $1,034,245 $1,083,107 $1,114,918 $1,167,682
Med Price Change -5.34% -4.72% -2.94% -4.73% -1.43%
Avg Bedrooms 2.97 beds 3.05 beds 3.2 beds 3.28 beds 3.29 beds
Avg Bathrooms 2.88 baths 2.95 baths 3 baths 3.02 baths 3.04 baths
Home Price by High School
School Name Total Homes Average Price
Lake Oswego 160 $1,713,195
Total Homes Average Price
All Homes 291 $1,514,212
Distressed Homes 1 $320,000
Multi-Million Dollar Homes 145 $2,431,411
Newly Built Homes 52 $2,214,994
Homes with a Pool 28 $2,697,686
Reduced Price Homes 13 $721,069

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All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 2/16/2026 8:46 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 February 16, 2026 8 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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