Why Live in Rosewood
Rosewood, a neighborhood in Lake Oswego, Oregon, is nestled along the Tualatin River and offers a more modest alternative to its upscale surroundings. The area is known for its affordability compared to the broader Lake Oswego region, making it an attractive option for those seeking to live in the greater Portland area. Rosewood features charming residential blocks with ranch-style and bi-level homes, as well as larger two-story Traditional houses. The neighborhood is conveniently located near Interstate 5, providing easy access to Portland, which is about 15 miles away, and the Portland International Airport, approximately 22 miles north. Residents enjoy proximity to several shopping districts, including the open-air Bridgeport Village mall and the shopping centers along Southwest Nyberg Street. Dining options range from Mashita Teriyaki to BRIX Tavern, and attractions include the Tualatin Lake at the Commons and Pilkington Park, a nearly 4-acre space with paths, picnic tables, and play fields. The area also offers access to Browns Ferry Park and the 405-acre Oswego Lake. Rosewood is served by highly rated schools, including River Grove Elementary, Lakeridge Middle School, and Lakeridge High School, which is noted for its strong STEM program. The neighborhood is safer than the national average, adding to its appeal for families. Additionally, Rosewood residents can participate in the annual Lake Oswego Festival of the Arts, a popular event that draws nearly 25,000 people.
Frequently Asked Questions
Is Rosewood a good place to live?
Rosewood is a good place to live. Rosewood is considered car-dependent and bikeable. Rosewood has 7 parks for recreational activities. It is fairly sparse in population with 5.0 people per acre and a median age of 45. The average household income is $129,226 which is above the national average. College graduates make up 56.9% of residents. A majority of residents in Rosewood are home owners, with 21.5% of residents renting and 78.5% of residents owning their home. A
local real estate agent serving Rosewood can help you decide if this neighborhood is the right one for you. Learn more on our
Rosewood neighborhood guide.
Is Rosewood, OR a safe neighborhood?
Rosewood, OR is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Rosewood?
The median home price in Rosewood is $799,900. If you put a 20% down payment of $160,000 and had a 30-year fixed mortgage with an interest rate of 6.19%, your estimated principal and interest payment would be $3,920 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $168K a year to afford the median home price in Rosewood. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Rosewood is $129K.
What are the best public schools in Rosewood?
The best public schools that serve Rosewood are:
What are the best private schools in Rosewood?
The best private schools that serve Rosewood are:
What are the most popular zip codes in Rosewood, Lake Oswego, OR?
What are the most popular neighborhoods near Rosewood, Lake Oswego, OR?
Home Trends in Rosewood, OR
On average, homes in Rosewood, Lake Oswego sell after 71 days on the market compared to the national average of 53 days. The median sale price for homes in Rosewood, Lake Oswego over the last 12 months is $799,950, up 15% from the median home sale price over the previous 12 months.
Median Sale Price
$799,950
Median Single Family Sale Price
$799,450
Average Price Per Sq Ft
$441
Number of Homes for Sale
4
Last 12 months Home Sales
35
Median List Price
$799,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
15%
