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.
Home Trends in Rosewood, OR
On average, homes in Rosewood, Lake Oswego sell after 66 days on the market compared to the national average of 52 days. The median sale price for homes in Rosewood, Lake Oswego over the last 12 months is $727,250, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$727,250
Median Single Family Sale Price
$759,900
Average Price Per Sq Ft
$452
Number of Homes for Sale
11
Last 12 months Home Sales
37
Median List Price
$799,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-7%
