Compare: Lake Road vs Oregon

Home Values in Lake Road and Oregon

Lake Road
vsOregon
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Zillow Home Value Index
Mid-point of Zestimate valuations for Lake Road. Half the Zestimates are above this number and half are below it.
$217,500vs$206,600
1-Year Change+8.0%vs+8.4%
Median List Price$199,900vs$248,900
Median Sale Price$219,000vs$223,500
Total Homes Sold in Aug11 homes vs4007 homes
Lake Road, Milwaukie tends to be more expensive for home buyers than Oregon. During the last year, Lake Road home values have risen by 8.0%, while Oregon home values have risen by 8.4%. The median sale price in Lake Road is $219,000, but the median listing price was $199,900, a 9.6% increase. Meanwhile in Oregon, the median selling price is $223,500, and the starting price had a median of $248,900, a 10.2% discount. In August, Lake Road home sellers managed to move 11 houses, while Oregon saw 4007 transactions.

Demographics in Lake Road and Oregon

Lake Road
vsOregon
Population2,519vs2,842,320
Median Household Income$47,498vs$42,377
Median Age40vs36
Homes with Kids24.3%vs28.8%
Average Household Size2.2vs2.5
Average Commute Time (Minutes)25vs23
At $42,377, the median income in Oregon is $5,121 less than in Lake Road, and $2,135 lower than the national average. Lake Road has an older median age, at 40, compared to 36 in Oregon, and a longer average commute. The average commute in Oregon is 23 minutes and the average commute in Lake Road is 25 minutes.

Homes for Sale in Lake Road and Oregon

Lake Road vs Oregon

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Why is Lake Road better than Oregon?

Lake Road, Milwaukie, OR

Map of Lake Road, Milwaukie, OR
Lake Road is a neighborhood in Milwaukie, OR with a population of 2,519. The median household income is $47,498.

Oregon

Map of Oregon
Oregon is a state in US with a population of 2,842,320. The median household income is $42,377.