Compare: Lake Road vs Lewelling
Home Values in Lake Road and Lewelling
|Zillow Home Value IndexWhat's this?||$234,700||vs||$215,400|
|Median List Price||$299,000||vs||$200,000|
|Median Sale Price||$219,000||vs||$275,000|
|Total Homes Sold in Aug||11 homes||vs||11 homes|
Lake Road, Milwaukie tends to be more expensive for home buyers than Lewelling, Milwaukie. During the last year, Lake Road home values have risen by 16.0%, while Lewelling home values have risen by 18.2%. The median sale price in Lake Road is $219,000, but the median listing price was $299,000, a 26.8% discount. Meanwhile in Lewelling, the median selling price is $275,000, and the starting price had a median of $200,000, a 37.5% increase. In August, Lake Road home sellers managed to move 11 houses, while Lewelling saw 11 transactions.
Demographics in Lake Road and Lewelling
|Median Household Income||$47,498||vs||$43,986|
|Homes with Kids||24.3%||vs||31.7%|
|Average Household Size||2.2||vs||2.5|
|Average Commute Time (Minutes)||25||vs||27|
At $43,986, the median income in Lewelling is $3,512 less than in Lake Road, and $526 lower than the national average. Lake Road has an older median age, at 40, compared to 38 in Lewelling, and a shorter average commute. The average commute in Lewelling is 27 minutes and the average commute in Lake Road is 25 minutes.