According to statistics, the population in Lake Oswego, OR amounts to 38,212, which shows decline 0% compared to the previous year. The median age of the city’s residents is 47. The average household income is $93,993, shifting growth 4% from the past year, and the average property value in Lake Oswego, OR growth 10% to $559,100 throughout the year.
|Number Of Employees||19,103|
|Median Property Value||$559,100|
The average household income in Lake Oswego, OR grew from $89,979 to $93,993 in the past year. This data is an estimate based upon 16,293 households in Lake Oswego, OR . The chart below presents how household income is distributed in Lake Oswego, OR in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lake Oswego, OR shifted from $508,500 to $559,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lake Oswego, OR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lake Oswego, OR properties falls in the '$500,000 to $749,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lake Oswego, OR compared to median property taxes around the country. The prevalent amount of property taxes in Lake Oswego, OR equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$537,450||N/A|
|1 bed for sale||$224,900||-6%|
|2 bed for sale||$657,689||+54.9%|
|3 bed for sale||$957,535||+22%|
|4+ bed for sale||$1,600,346||+16.1%|
During Jul 2022, the average price for an apartment in/near Lake Oswego, OR increased by 13.7% to $1,251,111.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 6% to $224,900. Asking price for 2-bed apartment also increased by 54.9% and a place of this size will now cost you $657,689. A 3-bed apartment goes for $957,535, it increased by 22% lately. We discerned the rise of 4- and more bed apartment price. It increased by 16.1% and made it up to $1,600,346.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$793,048||N/A|
|Houses for sale||$1,561,926||+22.1%|
|Land for sale||$342,499||+15.8%|
|Condos for sale||$537,271||+10.8%|
|Other for sale||$1,200,000||N/A|
Price reports demonstrate that house price increased by 22.1% this month making it up to $1,561,926. Condos are really in demand in this season. The median price for a condo increased by 10.8%, it’s now available for $537,271. Value of the townhouses didn’t change, the price still starts at $793,048.