Zip 97034 (Lake Oswego, OR) Housing

The housing market in Lake Oswego, OR, with zip code 97034, is strong. The median value for homes in the area is $995,000, which is significantly higher than the national median value of $338,100. Despite this high cost, home values have appreciated by 6.12% over the last year and are expected to continue appreciating as the market strengthens. This rate of appreciation is slightly lower than the national average of 8.27%. Nevertheless, Lake Oswego remains a desirable area for homeowners looking for a stable real estate market.

The median home cost in Lake Oswego (zip 97034) is $995,000. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Lake Oswego (zip 97034) is up 12.2%.

Average Age of Homes

- The median age of Lake Oswego (zip 97034) real estate is 40 years old

The Rental Market in Lake Oswego (zip 97034)

- Renters make up 21.4% of the Lake Oswego (zip 97034) population
- 0.3% of houses and apartments in Lake Oswego (zip 97034), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake Oswego, Oregon	United States
	8,870.0	139,647,020.0
	45	42
	$995,000	$338,100
	12.2%	16.6%
	53.0%	57.0%
	140.8%	101.1%
	$9.58	$10.98
	$7,578	$2,690
	71.2%	57.4%
	6.7%	11.2%
	22.1%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	2.7%	0.7%
	0.0%	0.4%
	1.8%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	0.1%	2.6%
	0.4%	2.4%
	0.1%	2.8%
	0.4%	3.9%
	0.2%	4.5%
	0.7%	11.3%
	0.0%	13.0%
	1.4%	20.1%
	4.7%	13.6%
	4.3%	8.3%
	34.0%	9.7%
	22.5%	3.9%
	17.6%	2.2%
	6.2%	0.8%
	7.3%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	10.6%	13.6%
	10.6%	13.6%
	11.0%	13.6%
	13.1%	13.2%
	17.1%	14.8%
	11.0%	13.6%
	11.0%	10.0%
	4.8%	4.7%
	5.7%	12.2%

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