Compare: Lake Road vs Ardenwald
Home Values in Lake Road and Ardenwald
|Zillow Home Value IndexWhat's this?||$234,700||vs||$220,300|
|Median List Price||$299,000||vs||$199,900|
|Median Sale Price||$219,000||vs||$235,000|
|Total Homes Sold in Aug||11 homes||vs||14 homes|
Lake Road, Milwaukie tends to be more expensive for home buyers than Ardenwald, Milwaukie. During the last year, Lake Road home values have risen by 16.0%, while Ardenwald home values have risen by 19.7%. The median sale price in Lake Road is $219,000, but the median listing price was $299,000, a 26.8% discount. Meanwhile in Ardenwald, the median selling price is $235,000, and the starting price had a median of $199,900, a 17.6% increase. In August, Lake Road home sellers managed to move 11 houses, while Ardenwald saw 14 transactions.
Demographics in Lake Road and Ardenwald
|Median Household Income||$47,498||vs||$39,300|
|Homes with Kids||24.3%||vs||30.7%|
|Average Household Size||2.2||vs||2.4|
|Average Commute Time (Minutes)||25||vs||26|
At $39,300, the median income in Ardenwald is $8,198 less than in Lake Road, and $5,212 lower than the national average. Lake Road has an older median age, at 40, compared to 36 in Ardenwald, and a shorter average commute. The average commute in Ardenwald is 26 minutes and the average commute in Lake Road is 25 minutes.