Compare: Lake Road vs Oregon
Home Values in Lake Road and Oregon
|Zillow Home Value IndexWhat's this?||$234,700||vs||$220,200|
|Median List Price||$299,000||vs||$255,000|
|Median Sale Price||$219,000||vs||$233,300|
|Total Homes Sold in Aug||11 homes||vs||4570 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 16.0%, while Oregon home values have risen by 12.3%. The median sale price in Lake Road is $219,000, but the median listing price was $299,000, a 26.8% discount. Meanwhile in Oregon, the median selling price is $233,300, and the starting price had a median of $255,000, a 8.5% discount. In August, Lake Road home sellers managed to move 11 houses, while Oregon saw 4570 transactions.
Demographics in Lake Road and Oregon
|Median Household Income||$47,498||vs||$42,377|
|Homes with Kids||24.3%||vs||28.8%|
|Average Household Size||2.2||vs||2.5|
|Average Commute Time (Minutes)||25||vs||23|
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