Compare: Lake Road vs Eastmoreland
Home Values in Lake Road and Eastmoreland
|Zillow Home Value IndexWhat's this?||$234,700||vs||$527,200|
|Median List Price||$299,000||vs||$624,500|
|Median Sale Price||$219,000||vs||$513,100|
|Total Homes Sold in Aug||11 homes||vs||14 homes|
Lake Road, Milwaukie tends to be less expensive for home buyers than Eastmoreland, Portland. During the last year, Lake Road home values have risen by 16.0%, while Eastmoreland home values have risen by 6.4%. The median sale price in Lake Road is $219,000, but the median listing price was $299,000, a 26.8% discount. Meanwhile in Eastmoreland, the median selling price is $513,100, and the starting price had a median of $624,500, a 17.8% discount. In August, Lake Road home sellers managed to move 11 houses, while Eastmoreland saw 14 transactions.
Demographics in Lake Road and Eastmoreland
|Median Household Income||$47,498||vs||$53,729|
|Homes with Kids||24.3%||vs||26.3%|
|Average Household Size||2.2||vs||2.3|
|Average Commute Time (Minutes)||25||vs||24|
At $53,729, the median income in Eastmoreland is $6,231 more than in Lake Road, and $9,217 higher than the national average. Lake Road has an older median age, at 40, compared to 38 in Eastmoreland, and a longer average commute. The average commute in Eastmoreland is 24 minutes and the average commute in Lake Road is 25 minutes.
Homes for Sale in Lake Road and Eastmoreland
Lake Road vs Eastmoreland