Lake Oswego, OR Foreclosures
How much do homes sell for in Lake Oswego, OR?
The average home price is currently $1,181,511.
In Lake Oswego, OR, how many homes are available?
There are currently 16 active home listings available in Lake Oswego.
What’s the average rental cost in Lake Oswego, OR?
The average rental price in Lake Oswego is $1,868.
What is the most expensive home in Lake Oswego?
The most expensive home sold in Lake Oswego had a price of $137,175,008.
What is currently the cheapest priced home in Lake Oswego, OR?
The cheapest home for sale in Lake Oswego is priced at $29,242.
Living in Lake Oswego, OR
Lake Oswego, OR is a charming suburban community known for its beautiful lake, picturesque neighborhoods, and excellent schools. With immediate access to both nature and urban living, residents enjoy a wealth of amenities, including parks, shopping, and fine dining. The city's proximity to Portland enhances its appeal, making it a sought-after location for families and professionals alike.
Current Market Conditions in Lake Oswego, OR
The current real estate market in Lake Oswego is characterized by a strong demand for homes, driven by its desirable location and quality living conditions. The average home price has seen a consistent increase, reflecting the area's appeal among buyers. Properties are selling quickly, often at or above asking price, thanks to limited inventory and high demand. The recent trend shows an increasing number of families moving to the area, further contributing to a competitive market.
In the previous year, the Lake Oswego market experienced a significant uptick in home sales, as more people sought to relocate, particularly amidst the pandemic. Despite challenges in home availability, prices have stabilized, leaving sellers in a favorable position. The community's reputation for excellent schools, combined with its proximity to Portland, continues to attract both buyers and investors.
Home Value Estimator For Lake Oswego, OR
There are currently 17,019 real estate properties
in Lake Oswego, OR,
with a median automated valuation model (AVM) price
of $930,895.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lake Oswego, OR, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lake Oswego, OR,
is $1,181,511.00, with the most expensive house
in Lake Oswego, OR, topping out
at $137,175,008.00 and the cheapest home
in Lake Oswego, OR,
clocking in at $29,242.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lake Oswego, OR!
Rent Prices
In Lake Oswego, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lake Oswego, OR, is on
a rollercoaster ride. The
average rent price in Lake Oswego, OR,
is $1,868.00. Indeed, when looking to rent in
Lake Oswego, OR, you can expect to pay as little
as $840.00 or as much
as $5,390.00,
with the average rent median estimated to
be $1,800.00. The good news is that finding
an affordable and desirable property to rent in Lake Oswego, OR
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
