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All market snapshots / 97035

Lake Oswego, OR 97035 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: 0.02
ActiveActive listings: 6060PendingPending sales: 11
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): $807k$807kSoldMedian sold price (last 6 months): $845k$845k
What homes actually sell for in Lake Oswego, OR
Distribution of 348 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $545k to $1.13M
$222k to $463k: 62 sales$222k$463k to $704k: 60 sales$704k to $945k: 82 sales82sales$704k$945k to $1.19M: 49 sales$1.19M to $1.43M: 31 sales$1.19M$1.43M to $1.67M: 12 sales$1.67M to $1.91M: 14 sales$1.67M$1.91M to $2.15M: 4 salesMedian $845k

What the numbers say

As of October 26, 2026, Resideline is tracking 60 active listings and 1 pending sales in ZIP code 97035. That pending-to-active ratio of 0.02 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $807,000, while the median of the 348 closed sales Resideline tracked over the last six months was $845,000. 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 97035 for 87 days.

Frequently asked questions

What is the median home price in 97035?

The median closed sale price in Lake Oswego, OR 97035 was $845,000 over the last six months, based on 348 closed sales tracked by Resideline. The middle half of those sales ranged from $545,000 to $1,130,000.

Is 97035 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 60 active listings in 97035, a pending-to-active ratio of 0.02. 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, 97035 is currently a slower-moving market.

Nearby ZIP code market data

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