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Lake Oswego, OR Real Estate


According to census data in the year 2000 there were 15,668 housing units in Lake Oswego. This represents a 19.5% growth from 13,110 in 1990.

Of those housing units, 15,668 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lake Oswego is about 71.5%. Lake Oswego's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Lake Oswego were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom12.10%
Two Bedrooms23.40%
Three Bedrooms32%
Four Bedrooms25.20%
Five Bedrooms or more6.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1976
Median Value of occupied units$296,200
Median Price asked for vacant units$215,100

Rented Homes, Apartments and Condos

Average Household Size1.86
Median year structure was built1980
Median Monthly Rent asked for vacant units$819

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage10.50%
Home Equity Loan15.60%
Simple Mortgage53.50%
Debt Free19.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%