Market Intelligence · OR / Lake Oswego

Lake Oswego, OR 97034 Housing Market

The typical home value in Lake Oswego 97034 is $1,152,329, up 1.0% over the past year. The median list price is $1,620,750, and homes are taking a median of 65 days on market.

Updated June 2026Median value$1152K

The median home value in Lake Oswego, OR 97034 is $1.15M as of June 2026, up 1.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 97034 range

$1.06M to $1.24M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.0% over 12 months

Typical home value in 97034 over the last 12 months: $1.14M in Jun 2025 to $1.15M in Jun 2026 (+1.0%).

Jun 2025$1.14M

Jun 2026$1.15M

The numbers

What is the 97034 housing market like?

Typical home value

$1.15M

Up1.0%YoY

Median list price

$1.62M

Days on market

65

Up195.5%MoM

Homes for sale

170

Price cuts

30.8%

New listings

64

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 97034 home prices compare?

  • 97034$1,152,329
  • Lake Oswego$952,551
  • Oregon$464,860
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Lake Oswego: 2 ZIPs; Oregon: 339 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there were 170 homes for sale in Lake Oswego 97034, with 64 new listings added. The median list price sits at $1,620,750, while the typical home value is $1,152,329, up 1.0% over the past year. Homes are moving at a median of 65 days on market, and 30.8% of listings have taken a price cut. For sellers, this points to a market where patience and realistic pricing matter more than speed.

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