Zip 97035 (Lake Oswego, OR) Housing

The housing market in 97035 Lake Oswego, Oregon is extremely strong. The median value of homes in the area is $709,200, nearly twice the US median home value of $338,100. Over the last year, the US house appreciation rate was 8.27%, while the appreciation rate for Lake Oswego houses was 6.12%, still indicating a healthy market with strong growth potential. With its high median home value and steady appreciation rate over the past year, Lake Oswego appears to be a great place to invest in real estate.

The median home cost in Lake Oswego (zip 97035) is $709,200. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Lake Oswego (zip 97035) is up 12.2%.

Average Age of Homes

- The median age of Lake Oswego (zip 97035) real estate is 35 years old

The Rental Market in Lake Oswego (zip 97035)

- Renters make up 37.5% of the Lake Oswego (zip 97035) population
- 0.3% of houses and apartments in Lake Oswego (zip 97035), 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
	11,703.0	139,647,020.0
	39	42
	$709,200	$338,100
	12.2%	16.6%
	53.0%	57.0%
	140.8%	101.1%
	$9.97	$10.98
	$5,947	$2,690
	59.6%	57.4%
	6.6%	11.2%
	33.8%	31.4%
Vacant Housing
	0.3%	1.9%
	0.5%	0.4%
	0.6%	0.7%
	0.2%	0.4%
	1.9%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.0%	2.4%
	0.4%	2.8%
	0.0%	3.9%
	0.7%	4.5%
	0.9%	11.3%
	2.5%	13.0%
	7.3%	20.1%
	9.3%	13.6%
	14.1%	8.3%
	37.4%	9.7%
	17.2%	3.9%
	8.0%	2.2%
	1.2%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	5.9%	13.6%
	5.9%	13.6%
	17.6%	13.6%
	25.9%	13.2%
	25.7%	14.8%
	17.6%	13.6%
	5.5%	10.0%
	2.0%	4.7%
	2.2%	12.2%

Reviews for Lake Oswego

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John · Portland, OR

Stay out of our lake

Over 2 years ago

Lake Oswego. In LO, Democrats and Republicans still drink beers together. In LO, the only needles you'll step on are pine. In LO, your neighbors in tents are More

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Elizabeth · Lake Oswego, OR

Great quality of life...

Over 18 years ago

Moved from Los Angeles to raise my children in Lake Oswego which was one of the best decisions of my life. Fabulous quality of life, concerned community, and excellent More

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