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Arnold Creek Birdshill Blue Heron Childs Country Club North Shore Evergreen First Addition Foothills Forest Highlands Glenmorrie Hallinan Lake Grove Lakeview Summit Lakewood McVey (South Shore) Old Town Palisades Springbrook Park Stafford (Tualatin) Westridge

LAKE OSWEGO, OR 97034

Real Estate Market Report  ·  Clackamas County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 97034

Arnold Creek · Birdshill · Blue Heron · Childs · Country Club North Shore · Evergreen · First Addition · Foothills · Forest Highlands · Glenmorrie · Hallinan · Lake Grove · Lakeview Summit · Lakewood · McVey (South Shore) · Old Town · Palisades · Springbrook Park · Stafford (Tualatin) · Westridge

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LAKE OSWEGO, OR real estate market (97034) currently shows 150 active listings, with 34 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 45 more homes available — giving buyers more choice.

Homes are selling faster, averaging 44 days on market compared to 103 days last year.

The median listing price has risen 2.9% year-over-year, from $1,750,000 to $1,800,000.

Whether you are buying or selling in LAKE OSWEGO, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 20,930  ·  Density: 1,043.8/mi²  ·  Median household income: $140,687

Typical home value: $923,651  ·  Homeownership: 76.1%

Market Overview

Active Listings
150
⇧ 42.9% vs 105 last year
Pending
34
23% pending ratio
Median Price
$1,800,000
⇧ 2.9% vs $1,750,000 last year
Average Price
$2,203,642
⇩ 4.1% vs $2,297,666 last year
Days on Market
44
⇩ 57.3% vs 103 days last year

Price Per Square Foot

Median $/sqft
$581
⇧ 6.8% vs $544/sqft last year
Median Home Size
3,400 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 150 this year vs 105 last year
  • Days on market: 44 now vs 103 last year

Median & Average Pricing

Year over Year
  • Median: $1,800,000 (+2.9% YoY)
  • Average: $2,203,642 (-4.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.3 miles — 1,008 listings ($896,021,485 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97034Lake Oswego, OR 970340.0 mi133$296,475,487$1,697,500$2,229,139
97219Portland, OR 972193.2 mi154$122,172,820$585,000$793,330
97222Portland, OR 972224.0 mi81$41,947,065$417,500$517,865
97062Tualatin, OR 970624.7 mi71$50,506,063$574,850$711,353
97223Portland, OR 972235.0 mi119$77,339,409$579,925$649,911
97202Portland, OR 972025.4 mi95$57,009,120$497,000$600,096
97221Portland, OR 972216.5 mi34$66,802,282$999,500$1,964,773
97008Beaverton, OR 970086.7 mi56$27,189,960$514,000$485,535
97015Clackamas, OR 970157.1 mi49$30,313,262$637,438$618,638
97225Portland, OR 972257.6 mi58$47,025,124$656,475$810,778
97266Portland, OR 972667.9 mi92$40,095,348$399,900$435,819
97005Beaverton, OR 970058.1 mi35$14,952,525$447,450$427,215
97215Portland, OR 972158.3 mi31$24,193,020$655,000$780,420

Frequently Asked Questions

How many homes are for sale in LAKE OSWEGO, OR 97034?

As of March 2026, there are 150 active listings in LAKE OSWEGO, OR (zip code 97034), compared to 105 the prior year.

What is the median home price in LAKE OSWEGO, OR 97034?

The median listing price in LAKE OSWEGO, OR 97034 is $1,800,000 as of March 2026, a 2.9% increase from $1,750,000 the prior year.

How long do homes stay on the market in LAKE OSWEGO, OR?

Homes in LAKE OSWEGO, OR 97034 spend an average of 44 days on the market before going under contract, compared to 103 days the prior year.

Is it a seller's or buyer's market in LAKE OSWEGO, OR 97034?

Based on current inventory and days-on-market data as of March 2026, LAKE OSWEGO, OR 97034 is currently a Balanced Market. Inventory has increased compared to last year, with 45 more homes available — giving buyers more choice. Homes are selling faster, averaging 44 days on market compared to 103 days last year.

How much can I save on real estate commission in LAKE OSWEGO, OR?

With SELL123.com's maximum 3% commission, sellers in LAKE OSWEGO, OR 97034 save an estimated $36,000 compared to a typical 5% commission on the median listing price of $1,800,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.