Photo: Esprqii · CC BY-SA 3.0644 homes sold in Lake Oswego in the last year, at a typical $960K
About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lake Oswego homes are listed.
Every place Lake Oswego homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lake Oswego.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
20% of Lake Oswego’s sales are condos, at $737K less than a house
456 houses and 121 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 456 sold in the year to May 2026
- Per square foot
- $399OR $296
- Days to sell
- 38
- Sold over asking
- 22%
- Listings with a price cut
- 34%
typical sale · 121 sold in the year to May 2026
- Per square foot
- $280OR $316
- Days to sell
- 49
- Sold over asking
- 13%
- Listings with a price cut
- 32%
Multi-family (2–4 units): 3 sold, typical $960K
Townhouses: 37 sold, typical $647K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.7 times the 2016 price
644 sales in the last year, against 1,022 in 2021 and a low of 578 in 2023. The typical sale went from $562K in 2016 to $960K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $950K buys in Lake Oswego
Check a listing against what Lake Oswego homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lake Oswego are back to pre-pandemic levels, with about as many homes for sale
We read every month of Lake Oswego’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 644 sales.
If you’re buying in Lake Oswego
- Shop in July. It brings about 106 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
- Bid near asking. Buyers paid 98.4% of the list price on average; 21% paid over.
- You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 34 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 119 a month), and the most competition: 34% close over asking. June and July offer nearly as much choice with fewer homes bid up (33%). December has the least competition (20%) but only about 28 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Oregon as a whole
| Lake Oswego now | 2017–19 | 2021 peak | OR now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 21% | 21% | 48% | 23% |
| Gone within two weeksShare of homes under contract within 14 days | 38% | 37% | 62% | 31% |
| Price paid vs. askingAverage sale price ÷ list price | 98.4% | 98.3% | 101.9% | 98.7% |
| Days to sellMedian days from listing to contract | 34 | 35 | 11 | 49 |
220 homes for sale on a typical day
That’s 3 times the 2021 low (74), about the 2017–19 level and well under 2012’s 278.
Since 2019, houses are up 44%, condos 35%
A house typically sold for $1.1M in the year to May 2026 (456 sales), a condo for $350K (121).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Lake Oswego ranks 63rd of 116 busy Oregon markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Lake Oswego is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lake Oswego home costs about $5,740 a month
Price: Lake Oswego’s typical sale, last 12 months. Property tax at Lake Oswego’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lake Oswego is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 28.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $960K home, about $8,780 a year.
Taxes vs. neighborsSchools
The schools grade for Lake Oswego, from test results, graduation and how much students grow.
Schools in Lake OswegoTypical commute
The average one-way trip to work for people who live in Lake Oswego.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Durham, Oak Grove, Metzger and Tigard sell for less a square foot
The busier markets within 25 miles of Lake Oswego, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Tigard | 746 | $591K | $291 | 24% | 39 |
| Lake Oswego | 644 | $960K | $374 | 21% | 34 |
| Oak Grove | 174 | $535K | $320 | 35% | 18 |
| Metzger | 52 | $544K | $325 | 35% | 35 |
| Dunthorpe | 33 | $1.9M | $414 | 8% | 47 |
| Stafford | 30 | $1.7M | $465 | 14% | 75 |
| Durham | 30 | $810K | $361 | 43% | 73 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lake Oswego, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Oswego. People who follow the town see it, and so do people comparing Lake Oswego with their own town. No commission, no listing fee.
Questions about buying a home in Lake Oswego
What do homes sell for in Lake Oswego, OR?
644 homes sold in the year to September 2026 at a typical $960K, $374 a square foot. Houses sold for about $1.1M, condos for about $350K in the year to May 2026.
Is Lake Oswego a buyer’s or seller’s market?
A balanced market: 274 homes were for sale in September 2026 and 68 sold, about 4 months of supply. Buyers paid 98.4% of asking on average.
When is the best time to buy in Lake Oswego?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lake Oswego?
About 0.9% of a home’s value a year. On a $960K home that’s near $8,780.
Where can I see homes for sale in Lake Oswego?
Zillow, Redfin, Realtor.com and Homes.com all carry Lake Oswego’s MLS listings; the search links above open each one filtered to Lake Oswego.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).