Lake Grove, Lake Oswego, OR
Lake Grove — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Lake Grove, Lake Oswego, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Lake Grove Neighborhood Overview
Lake Grove is a desirable neighborhood within the city of Lake Oswego, Oregon, offering a blend of suburban tranquility and convenient access to urban amenities. Centered around the community's namesake lake, the area provides a picturesque setting with a strong sense of place. Its location in ZIP code 97034 places residents close to both natural beauty and the resources of the Portland metropolitan area.
Lifestyle & Amenities
The neighborhood lifestyle is characterized by access to outdoor recreation and local shopping districts. Residents enjoy proximity to the shores of Oswego Lake and the trails at Luscher Farm City Park. Daily needs are met at the Lake Grove Village Center and other nearby plazas featuring boutique shops, cafes, and essential services.
Real Estate Market
The Lake Grove real estate market is robust, with a median home value of $921,400 and a median price per square foot of $417.74. Properties tend to be in high demand, reflected in a high homeownership rate of 76%, though the current average market cycle shows homes taking approximately 190 days to sell. The median monthly rent in the area is $1,957.
Schools & Education
Families in Lake Grove are served by the highly regarded Lake Oswego School District. The specific schools serving the neighborhood are known for their strong academic programs and extracurricular offerings. The community's median household income of $140,687 supports a high level of parental involvement and educational enrichment.
Transportation & Connectivity
Lake Grove is well-connected by major roadways, including State Route 43 (Boones Ferry Road) and Interstate 5, facilitating commutes to Portland and surrounding areas. Public transit options are available through TriMet bus services. The neighborhood's layout favors a mix of vehicular travel and pedestrian-friendly local streets.
Why Choose Lake Grove
Choosing Lake Grove means investing in a stable, affluent community with excellent schools and a premium quality of life. The neighborhood offers the charm of a lakeside suburb with the practical benefits of nearby city conveniences. It represents a prime location for those seeking a long-term home in the Portland metro area.
Lake Grove 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 | Ultra-Luxury |
| Primary ZIP Code | 97034 |
Top Real Estate Agents in Lake Grove, Lake Oswego
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Lake Grove, Lake Oswego, 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
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-10