Why Live in Glenmorrie
Glenmorrie, a neighborhood in Lake Oswego, Oregon, is known for its diverse architectural styles, including old-world Italian villas, French countryside estates, and modern luxury homes. The area is highly regarded for its educational opportunities, with access to the prestigious Lake Oswego School District. Local students can attend Hallinan Elementary School, Lakeridge Middle School, and Lakeridge High School, all of which have high ratings. Glenmorrie is an affluent neighborhood with homes typically ranging from $1.2 million to over $2 million, featuring unique amenities like pools, private tennis courts, and saunas. The neighborhood's curb appeal is enhanced by professional landscaping, with many homes offering views of Mount Hood.
Residents enjoy outdoor activities at Glenmorrie Park, which features a modern playground and green space. For those seeking a scenic jogging route, Old River Road provides a picturesque trail through evergreen forests to the Oswego Creek bridge and river beaches. Local amenities include Ovation Coffee and Tea, known for its handcrafted beverages with Moroccan spices, and nearby shopping options such as Walmart Neighborhood Market and New Seasons Market. Wine enthusiasts can visit Oswego Hills Vineyard for weekend tastings. Glenmorrie is conveniently located near Highway 14, providing easy access to Downtown Portland and Interstate 5, while Downtown Lake Oswego, just five minutes away, offers additional shopping, art, and dining options. The neighborhood is considered safer than the national average, making it a desirable place to live.
Frequently Asked Questions
Is Glenmorrie a good place to live?
Glenmorrie is a good place to live. Glenmorrie is considered very car-dependent and somewhat bikeable with some transit options. Glenmorrie is a suburban neighborhood. Glenmorrie has 6 parks for recreational activities. It is sparse in population with 2.2 people per acre and a median age of 49. The average household income is $189,259 which is above the national average. College graduates make up 72.1% of residents. A majority of residents in Glenmorrie are home owners, with 16.1% of residents renting and 83.9% of residents owning their home. A
local real estate agent serving Glenmorrie can help you decide if this neighborhood is the right one for you. Learn more on our
Glenmorrie neighborhood guide.
How much do you need to make to afford a house in Glenmorrie?
The median home price in Glenmorrie is $1,899,000. If you put a 20% down payment of $379,800 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $9,450 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $405K a year to afford the median home price in Glenmorrie. The average household income in Glenmorrie is $189K.
What are the best public schools in Glenmorrie?
The best public schools that serve Glenmorrie are:
What are the best private schools in Glenmorrie?
The best private schools that serve Glenmorrie are:
What are the most popular zip codes in Glenmorrie, Lake Oswego, OR?
What are the most popular neighborhoods near Glenmorrie, Lake Oswego, OR?
Are home prices dropping in Glenmorrie?
Yes, home prices in Glenmorrie are down 2% in the last 12 months.
Home Trends in Glenmorrie, OR
On average, homes in Glenmorrie, Lake Oswego sell after 111 days on the market compared to the national average of 52 days. The median sale price for homes in Glenmorrie, Lake Oswego over the last 12 months is $1,694,000, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$1,694,000
Median Single Family Sale Price
$1,899,000
Average Price Per Sq Ft
$505
Number of Homes for Sale
10
Last 12 months Home Sales
15
Median List Price
$1,899,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-3%
