Home Buying in Lake Oswego>Question Details

Vijay, Home Buyer in Portland, OR

What is the PRICE difference between 97034 and 97035 and why?

Asked by Vijay, Portland, OR Tue Mar 19, 2013

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3
Linda Heinrichs’ answer
I live and work in the Lake Oswego community, which is predominately 97034. The Lake Grove, West Lake, Bryant Woods and some other areas of Lake Oswego fall into the 97035 zip. The price differentials are predominately related to the quality, size and location of home you are purchasing. 97034 sometimes has a higher price point because the homes are in a higher demand location, are larger and have upgraded amenities. Whatever your price point there is something for you in this fantastic community and is just a matter of matching up your expectations and budget. Let me know if you need help.
1 vote Thank Flag Link Tue Mar 19, 2013
What areas in lake oswego should you look at if you want your children in lake oswego schools. Especially the Jr high and high school.
Flag Thu Sep 5, 2013
Thanks. if the property is near the lake or 360 view of the lake or the backyard gives full view of the lake then, what street I have to pick?
Flag Tue Mar 19, 2013
Below chart should give you the answer for your first question, hopefully. I think the major reason is that about 80-90% of the high valued lake properties are in 97034. Only the very west of the lake is in 97035. The second reason is the proximity to I-5. West of 97035 covers all I-5 in Lake Oswego.

Thanks for the question, Vijay. I've learned something too by researching this. If you want more specific neighborhood data or questions, feel free to ping me.

97035 97034
Total 203 165
High List: $2,495,000 $3,795,000
High Sale: $2,350,000 $3,145,000
Low Sale: $52,000 $78,000
Avg Sold: $368,867 $639,653
Median Sold: $331,499 $532,500
Avg SQFT: 2163 2949
Avg S$/SQFT: $171 $217
Median SQFT: 2098 2812
1 vote Thank Flag Link Wed Apr 3, 2013
Sorry about the format. The site changed it.
Just to clarify, this is the last 6 months sold data.
Flag Wed Apr 3, 2013
More condos in 97035 would be my observation. The 034 area is more rural, the 035 area is more central. Both areas are awesome.
0 votes Thank Flag Link Fri May 17, 2013
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