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All market snapshots / 97034

Lake Oswego, OR 97034 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Lake Oswego, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 5656PendingPending sales: 33
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): $1.5M$1.5MSoldMedian sold price (last 6 months): $1.2M$1.2M
What homes actually sell for in Lake Oswego, OR
Distribution of 267 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $906k to $1.74M
$502k to $802k: 39 sales$502k$802k to $1.1M: 60 sales60sales$1.1M to $1.4M: 48 sales$1.1M$1.4M to $1.7M: 39 sales$1.7M to $2M: 17 sales$1.7M$2M to $2.3M: 15 sales$2.3M to $2.6M: 18 sales$2.3M$2.6M to $2.9M: 5 salesMedian $1.2M

What the numbers say

As of October 26, 2026, Resideline is tracking 56 active listings and 3 pending sales in ZIP code 97034. That pending-to-active ratio of 0.05 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $1,499,000, while the median of the 267 closed sales Resideline tracked over the last six months was $1,200,000. 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 79 days.

Frequently asked questions

What is the median home price in 97034?

The median closed sale price in Lake Oswego, OR 97034 was $1,200,000 over the last six months, based on 267 closed sales tracked by Resideline. The middle half of those sales ranged from $906,220 to $1,735,000.

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

Resideline is currently tracking 3 pending sales against 56 active listings in 97034, a pending-to-active ratio of 0.05. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 97034 is currently a typical-pace market.

Nearby ZIP code market data

Full Lake Oswego, OR housing market report →

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