Why Live in Westlake
Westlake, a suburban neighborhood in Lake Oswego, developed in the late 1980s and early ‘90s, is known for its walkability and strong sense of community. Winding streets lined with tall oak trees and meticulously maintained lawns lead to three and four-bedroom homes on 8,000 to 9,000-square-foot lots. These homes, featuring Colonial Revivals and modern traditional styles with Tudor-style adornments, often have attached, front-facing garages. Families are drawn to Westlake for its highly rated schools, including Oak Creek Elementary School, Lake Oswego Junior High School, and Lake Oswego High School, all of which have received top ratings. Westlake Park, within walking distance, offers facilities for soccer, tennis, baseball, and basketball, and hosts the Summer of Music concert series in August. Waluga Park provides additional recreational options with baseball fields, picnic areas, playgrounds, nature trails, and an enclosed dog park. Local dining options include Oswego Grill and Killer Burger, with grocery stores like Trader Joe’s, Fred Meyer, WinCo Foods, and Walmart within a 2-mile drive. The neighborhood is safer than the national average, offering a low crime risk. Convenient freeway access makes it easy to reach downtown Portland, located about 9 miles away, providing a quiet suburban escape with the benefits of city proximity.
Frequently Asked Questions
Is Westlake a good place to live?
Westlake is a good place to live. Westlake is considered somewhat walkable and very bikeable with minimal transit options. Westlake has 7 parks for recreational activities. It is somewhat dense in population with 8.1 people per acre and a median age of 39. The average household income is $138,490 which is above the national average. College graduates make up 68.5% of residents. A majority of residents in Westlake are renters, with 52.2% of residents renting and 47.8% of residents owning their home. A
local real estate agent serving Westlake can help you decide if this neighborhood is the right one for you. Learn more on our
Westlake neighborhood guide.
Is Westlake, OR a safe neighborhood?
Westlake, 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 Westlake?
The median home price in Westlake is $1,150,000. If you put a 20% down payment of $230,000 and had a 30-year fixed mortgage with an interest rate of 6.24%, your estimated principal and interest payment would be $5,660 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $243K a year to afford the median home price in Westlake. The average household income in Westlake is $138K.
What are the best public schools in Westlake?
The best public schools that serve Westlake are:
What are the best private schools in Westlake?
The best private schools that serve Westlake are:
What are the most popular zip codes in Westlake, Lake Oswego, OR?
What are the most popular neighborhoods near Westlake, Lake Oswego, OR?
Are home prices dropping in Westlake?
Yes, home prices in Westlake are down 2% in the last 12 months.
Home Trends in Westlake, OR
On average, homes in Westlake, Lake Oswego sell after 42 days on the market compared to the national average of 53 days. The median sale price for homes in Westlake, Lake Oswego over the last 12 months is $1,050,000, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$1,050,000
Median Single Family Sale Price
$1,100,000
Average Price Per Sq Ft
$418
Number of Homes for Sale
2
Last 12 months Home Sales
19
Median List Price
$1,150,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-8%
