Lake Oswego, Beaverton, OR
Lake Oswego — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Lake Oswego, Beaverton, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Lake Oswego Neighborhood Overview
Lake Oswego is a premier community in the Portland metropolitan area, located in Clackamas County with the ZIP code 97034. It is a distinct city adjacent to Beaverton, known for its affluent character and prime market tier. The neighborhood offers a blend of natural beauty and upscale suburban living.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around the namesake lake, which provides opportunities for boating, swimming, and scenic walks. The area has a walkability score of 10.1 out of 20, indicating most errands require a car. It is bordered by neighborhoods like Evergreen, First Addition, and Forest Hills, creating a cohesive community feel.
Real Estate Market
The real estate market in Lake Oswego is robust, with a median home value of $921,400. The median household income is $140,687, reflecting the area's affluence, while the median gross rent is $1,957 per month. In 2023, there were 907 mortgage originations, predominantly conventional loans, signaling strong buyer activity.
Schools & Education
Families have access to several nearby schools, including Forest Hills and Hallinan Elementary Schools. Options also include New Urban High School, Oak Grove Elementary, Riverdale Grade School, and Harmony Academy, all within approximately 1.5 miles. This proximity provides a range of educational choices for residents.
Transportation & Connectivity
While primarily a car-dependent community, major roads provide good connectivity to Beaverton, Portland, and the broader region. The walkability index suggests some areas are more pedestrian-friendly than others. Its location offers relatively easy access to the employment and cultural centers of the metro area.
Why Choose Lake Oswego
Lake Oswego is chosen for its high-quality suburban living, excellent schools, and beautiful natural setting centered on the lake. The strong real estate market and prime tier status appeal to those seeking a stable, upscale community. It represents an ideal blend of tranquility, amenity access, and investment potential.
Lake Oswego Market Data
| Metric | Value |
|---|---|
| Median Home Price | $921K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $141K |
| Homeownership Rate | 76.1% |
| Renter-Occupied | 23.9% |
| Rental Vacancy Rate | 1.2% |
| Market Type | Seller's |
| Market Tier | Prime |
| Primary ZIP Code | 97034 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 907 |
| VA Loan Originations | 18 |
| VA Loan Share | 2.0% |
| Conventional Loan Originations | 866 |
| FHA Loan Originations | 23 |
Top Real Estate Agents in Lake Oswego, Beaverton
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Lake Oswego, Beaverton, OR. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Oregon Real Estate Agency (OREA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15