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Lakewood Townhomes for Sale

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  • 420 S State St, Lake Oswego, OR 97034
    420 S State St, Lake Oswego, OR 97034
    420 S State St, Lake Oswego, OR 97034
    /34

    $412,000

    • 2 Beds
    • 1 Bath
    • 1,659 Sq Ft

    420 S State St, Lake Oswego, OR 97034

    Timeless Charm Meets Modern Comfort in Downtown Lake Oswego. With one meticulous owner since its 2001 conversion, this condo blends classic character with modern upgrades in an unbeatable Lake Oswego location. New furnace, A/C, water heater, windows and roof give comfort to the buyer that big ticket items have been replaced. With these improvements, design and finishes were not forgotten - new

    Gretchen Muldowney Windermere Realty Trust

    420 S State St, Lake Oswego, OR 97034
  • 154 Ridgeway Rd, Lake Oswego, OR 97034
    154 Ridgeway Rd, Lake Oswego, OR 97034
    154 Ridgeway Rd, Lake Oswego, OR 97034
    /29

    $400,000

    • 3 Beds
    • 1.5 Baths
    • 1,791 Sq Ft

    154 Ridgeway Rd, Lake Oswego, OR 97034

    Updated 3-bedroom, 1.5 bath townhouse located in the heart of Lake Oswego’s Lakewood neighborhood. This 1948 gem blends modern upgrades new windows, roof, siding, stainless steel appliances, and quartz countertops, with timeless charm, including original hardwood floors throughout. The spacious basement offers storage, a utility area, and plenty of room for hobbies or creative projects. Enjoy

    Robbie Ratkai Portland's Alternative Inc., Realtors

    154 Ridgeway Rd, Lake Oswego, OR 97034
  • 196 Ridgeway Rd, Lake Oswego, OR 97034
    196 Ridgeway Rd, Lake Oswego, OR 97034
    196 Ridgeway Rd, Lake Oswego, OR 97034
    /23

    $400,000

    • 3 Beds
    • 2 Baths
    • 1,659 Sq Ft

    196 Ridgeway Rd, Lake Oswego, OR 97034

    NEW PRICE, AMAZING VALUE! Welcome Home to Oswego Village! This rare townhouse-style condominium offers the perfect blend of comfort and convenience. Situated at the head of Lakewood Peninsula, Oswego Village spans 3 acres. It provides a vibrant community with easy access to shops, swim parks, tennis courts, boat ramps, coffee shops, the Lakewood Center for the Arts, and the scenic Willamette

    Nick Bodeman MORE Realty

    196 Ridgeway Rd, Lake Oswego, OR 97034
Oregon Clackamas County Lake Oswego Lakewood

Townhomes for Sale in Lakewood, Lake Oswego

Why Live in Lakewood
Lakewood in Lake Oswego, OR, is a picturesque neighborhood situated on a manmade peninsula bordered by Oswego Lake and Lakewood Bay. Known for its luxury homes and lush foliage, the area features Craftsman, French, and Mediterranean-style houses from the 1930s and 1940s, as well as contemporary, Ranch-style, and midcentury modern homes. Many properties boast beautifully maintained gardens, stone walls, and hedges. Over half of the homes have private docks for easy lake access, while others are a short walk from public swimming areas and lakeside parks like Lake Oswego Swim Park and George Rogers Park. The neighborhood is served by highly rated schools, including Forest Hills Elementary School, Lake Oswego Junior High School, and Lake Oswego High School, which is noted as the best public high school in Oregon. Residents enjoy a low crime risk compared to the national average. The commercial district along State Street offers convenient amenities, including a Whole Foods Market and Safeway, and dining options like Monster Tea and the Lake Theater and Café. Despite its tranquil setting, Lakewood is just a 20-minute drive from downtown Portland, providing a blend of peaceful living and urban accessibility.
Learn more about living in Lakewood

Home Trends in Lakewood, OR

On average, homes in Lakewood, Lake Oswego sell after 149 days on the market compared to the national average of 52 days. The median sale price for homes in Lakewood, Lake Oswego over the last 12 months is $2,050,000, up 298% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$2,050,000
Median Single Family Sale Price
$1,774,000
Median 2 Bedroom Sale Price
$383,500
Median 1 Bedroom Sale Price
$298,462
Average Price Per Sq Ft
$660
Number of Homes for Sale
13
Last 12 months Home Sales
11
Months of Supply
14.20
Median List Price
$1,543,500
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
298%
How to Buy a Home How to Finance a Home How to Sell a Home

In Lakewood, there are currently 3 townhouses for sale, offering a variety of options for potential buyers. With townhouses ranging from $400,000 to $412,000, there's something for every budget. As of September, 2025 the median home price in Lakewood, Lake Oswego is $1,543,500, while the average sale price is $2,428,629, providing insight into local market trends. On average, townhouses spend 149 days on the market before being sold. Whether you're interested in modern townhouses, small townhomes, or traditional rowhouses, there are options available to suit your needs. Browse properties and townhomes for sale in Lakewood, Lake Oswego, and discover the ideal residence to fit your needs.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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