Market Intelligence · OR / Lake Oswego

Lake Oswego, OR 97035 Housing Market

The typical home value in Lake Oswego's 97035 ZIP code is $749,111, up 0.5% over the past year. The median list price is $799,900, and homes spend a median of 63 days on the market. These figures point to a market that is stable but not moving quickly.

Updated August 2026Median value$742K

The median home value in Lake Oswego, OR 97035 is $742K as of August 2026, up 1.4% 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 97035 range

$683K to $801K

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

+1.4% over 12 months

Typical home value in 97035 over the last 12 months: $732K in Aug 2025 to $742K in Aug 2026 (+1.4%).

Aug 2025$732K

Aug 2026$742K

The numbers

What is the 97035 housing market like?

Typical home value

$742K

Up1.4%YoY

Median list price

$800K

Down1.6%MoM

Days on market

63

Up26.0%MoM

Homes for sale

158

Up4.6%MoM

Price cuts

38.8%

Up13.9%MoM

New listings

36

Down25.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 97035 home prices compare?

  • 97035$741,964
  • Lake Oswego$936,696
  • Oregon$458,140
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lake Oswego: 2 ZIPs; Oregon: 339 ZIPs; United States: 26,265 ZIPs).

Context

There are 158 homes for sale in 97035, with 36 new listings hitting the market. The median list price sits at $799,900, above the typical home value of $749,111. Values have risen just 0.5% over the past year, which is a modest pace. Homes take a median of 63 days to sell, and 38.8% of listings have had a price cut. For a seller, the message is that pricing right at the start matters more than testing the market high.

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