Compare: Lake Road vs Historic Milwaukie

Home Values in Lake Road and Historic Milwaukie

Lake Road

Historic Milwaukie

Zillow Home Value Index

$217,500

$181,000

1-Year Change

+8.0%

+7.7%

Median List Price

$199,900

$199,000

Median Sale Price

$219,000

$291,500

Total Homes Sold in Aug

11 homes

13 homes

Lake Road, Milwaukie tends to be more expensive for home buyers than Historic Milwaukie, Milwaukie. During the last year, Lake Road home values have risen by 8.0%, while Historic Milwaukie home values have risen by 7.7%. The median sale price in Lake Road is $219,000, but the median listing price was $199,900, a 9.6% increase. Meanwhile in Historic Milwaukie, the median selling price is $291,500, and the starting price had a median of $199,000, a 46.5% increase. In August, Lake Road home sellers managed to move 11 houses, while Historic Milwaukie saw 13 transactions.

Demographics in Lake Road and Historic Milwaukie

Lake Road

Historic Milwaukie

Population

2,519

1,377

Median Household Income

$47,498

$37,500

Median Age

Homes with Kids

24.3%

18.4%

Average Household Size

2.2

2.0

Average Commute Time (Minutes)

At $37,500, the median income in Historic Milwaukie is $9,998 less than in Lake Road, and $7,012 lower than the national average. Lake Road has an older median age, at 40, compared to 39 in Historic Milwaukie, and the same average commute. The average commute in Historic Milwaukie is 25 minutes and the average commute in Lake Road is 25 minutes.