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All market snapshots / 97034

Lake Oswego, OR 97034 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Lake Oswego, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 5050PendingPending sales: 66
Lake Oswego, OR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $1.05M$1.05MSoldMedian sold price (last 6 months): $1.18M$1.18M
What homes actually sell for in Lake Oswego, OR
Distribution of 305 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $870k to $1.7M
$420k to $730k: 35 sales$420k$730k to $1.04M: 70 sales70sales$1.04M to $1.35M: 56 sales$1.04M$1.35M to $1.66M: 46 sales$1.66M to $1.97M: 23 sales$1.66M$1.97M to $2.28M: 18 sales$2.28M to $2.59M: 13 sales$2.28M$2.59M to $2.9M: 12 salesMedian $1.18M

What the numbers say

As of September 14, 2026, Resideline is tracking 50 active listings and 6 pending sales in ZIP code 97034. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $1,049,000, while the median of the 305 closed sales Resideline tracked over the last six months was $1,180,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 97034 for 85 days.

Frequently asked questions

What is the median home price in 97034?

The median closed sale price in Lake Oswego, OR 97034 was $1,180,000 over the last six months, based on 305 closed sales tracked by Resideline. The middle half of those sales ranged from $870,000 to $1,700,000.

Is 97034 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 50 active listings in 97034, a pending-to-active ratio of 0.12. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 97034 currently looks like a balanced market.

Nearby ZIP code market data

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