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Oak Creek

Oak Creek

Suburban Neighborhood in Lake Oswego, Oregon

Clackamas County 97035, 97219

$892,972 Average Value
$358 Average Price per Sq Ft
13 Homes For Sale

An active community less than 5 miles west of downtown Lake Oswego

On any given day in Oak Creek, residents enjoy walking their dogs, biking down cul-de-sacs and heading out for daily jogs. “People are just out all the time,” says Teresa Spangler, chair of the Oak Creek Neighborhood Association. Nearby recreational spaces foster an outdoor lifestyle, and restaurants are not far from the community, either. Adding to the appeal is a location less than 10 miles from Portland, large homes and the highly rated Lake Oswego School District. It’s more than these characteristics that attract people here, according to Spangler. “It’s a little throwback, you know?” she says. “Where, literally, some people can walk to school, and they know their neighbors. I don’t think you get that anymore.” With many appeals to the community, “it does attract people from all over,” Spangler says. “It’s not necessarily a bunch of people who grew up in Oregon. That’s another nice thing if you’re not from here.”

A Newer Build House in the Oak Creek Neighborhood.
A Newer Build House in the Oak Creek Neighborhood.
A View Looking Northwest at the Homes and the Tree Lined Streets of the Oak Creek Neighborhood.
A View Looking Northwest at the Homes and the Tree Lined Streets of the Oak Creek Neighborhood.
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Ranch-style homes, custom builds and more

Homes sit on just under a quarter of an acre, flanking quiet, maple-lined streets — some of which feature sidewalks. Most were built in the later decades of the 20th century, reflecting everything from large ranch-style homes to contemporary custom builds. New Traditional designs and bi-level styles are also common in the community. Homes typically sell for anywhere between $600,000 and $1.2 million, depending on their age, size and location. The community also features townhouses built in the early 2000s, which range from $700,000 to upwards of $800,000. Condos typically cost between $280,000 and $325,000. There are monthly HOA fees for townhouses, condos and some single-family homes here. Buyers will find that the community receives a CAP Index Crime Score of 3 out of 10, compared to the national average of 4.

A mid-century modern ranch style home in Oak Creek.
A mid-century modern ranch style home in Oak Creek.
A Beautiful Tudor Style Home in the Oak Creek Neighborhood in Lake Oswego.
A Beautiful Tudor Style Home in the Oak Creek Neighborhood in Lake Oswego.
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High marks for the Lake Oswego School District

Children can enroll in the Lake Oswego School District, which Niche ranks as Oregon’s No. 1 school district. They can start at A-rated Oak Creek Elementary. It boasts the Art Literacy Program, giving students the opportunity to learn about different creative movements. The program continues at A-rated Lake Oswego Middle, where students analyze art in the context of different historical eras. From there, students can head to A-plus-rated Lake Oswego Senior High, which Niche ranks as the state’s No. 1 public high school. It features career and technical education courses in various fields, including engineering and marketing.

Oak Creek Elementary School Gets High Marks in State Testing.
Oak Creek Elementary School Gets High Marks in State Testing.
Lake Oswego Senior High School is a Top Public High School Serving the Lake Grove Neighborhood in Lake Oswego OR.
Lake Oswego Senior High School is a Top Public High School Serving the Lake Grove Neighborhood in Lake Oswego OR.
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Westlake Park, Oswego Lake Country Club and more

There are no recreational spaces within Oak Creek, but Westlake Park is at the community’s southern border. Here, youth soccer players practice their footwork while tennis players challenge their friends to matches. The park boasts other amenities, including a basketball court and playground. It’s also where Lake Oswego hosts its weekly Wednesday concert series in August. Golfers can join the nearby Oswego Lake Country Club, which offers an 18-hole course complete with pine-heavy surroundings and views of Mt. Hood in the distance. In the summertime, some residents enjoy cooling off at Lake Oswego Swim Park while others explore the lake with their boats. Lake Grove Swim park is another nearby option. Those interested in spending their days hiking can trek along Tryon Creek State Natural Area's wooded and creekside paths.

Cool off at Lake Oswego Swim Park.
Cool off at Lake Oswego Swim Park.
Take your dog for a walk at Westlake Park.
Take your dog for a walk at Westlake Park.
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Oswego Grill, Tavern on Kruse and Grassa

Kruse Way, one of the area’s main commercial thoroughfares, is just south of the community. Along the strip are chain eateries and a selection of local establishments, like Oswego Grill. It offers a rotating menu of seasonal wood-fired dishes and twice-a-day happy hour specials. Like Oswego Grill, the nearby Tavern on Kruse offers garden-to-plate options with vegetables sourced from the head chef’s own farm. It’s also known for its wine — there are more than 100 different types here. Another nearby eatery is Grassa, a relaxed Italian option for freshly made pasta. For other dining options, downtown Lake Oswego offers a diverse culinary scene. There are nearby Trader Joe’s and Fred Meyer locations for groceries. For fresh produce, the Lake Oswego Farmers’ Market runs every Saturday from May through October in the city center.

Shop for groceries at the nearby Trader Joe's.
Shop for groceries at the nearby Trader Joe's.
Enjoy dinner at the Tavern on Kruse.
Enjoy dinner at the Tavern on Kruse.
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Commutes to Portland, work and more

Although Oak Creek is near some stops on TriMet’s public bus line, most people here drive to get around. Interstate 5 serves as the community’s western border, connecting residents to Portland, which is 9 miles away. Major employers in the Greater Portland area include Nike, which is about 10 miles away via state Route 217; Providence Health & Services, which is around 13 miles away via I-5 and the Pacific Highway; and Intel, which has a location about 21 miles away via state Route 217 and U.S. Route 26. Another nearby employer is Providence Milwaukie Hospital, which is around 11 miles away via state Route 43. For longer commutes, Portland International Airport is conveniently just about 20 miles away and accessible via Interstates 5 and 84.

Marianna Dionysiou
Written By
Marianna Dionysiou
Elizabeth James
Photography Contributed By
Elizabeth James
Zoe Sarris
Video By
Zoe Sarris

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Linda Heinrichs, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Portland International

33 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Oak Creek US
Homicide 2 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 3 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 4 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$630,000
Median Single Family Price
$799,000
Median 2 Bedroom Price
$305,000
Median 1 Bedroom Price
$204,900
Average Price Per Sq Ft
$358
Number of Homes for Sale
13
Last 12 months Home Sales
37
Months of Supply
4.20
Median List Price
$739,450
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
-15%

Home Facts

Number of Homes in Neighborhood
1,235
Median Year Built
1988
Avg. Single Family Home Size Sq Ft
2,347
Above the national average
1,936
Average 2 Bedroom Size Sq Ft
993
Average 1 Bedroom Size Sq Ft
650
Median Lot Size Sq Ft
7,405

Open Houses

  • Saturday, May 3
    12 - 2pm

    5834 Ridgetop Ct, Lake Oswego, OR 97035

    $1,289,900

    • 5 Beds
    • 2.5 Baths
    • 3,376 Sq Ft
    • 5834 Ridgetop Ct
    • New 5 days ago

    Gorgeous, updated home w/almost 3400 square feet of living space! Well Maintained w/lots of natural light flowing throughout the home. This spacious floor plan surrounds you in elegance with designer features through-out the home. Engineered Bamboo flooring making for easy, carefree living. Upon entering the home notice the large foyer, high ceilings & stunning updated wrought iron staircase.

    Carina Liu Berkshire Hathaway HomeServices NW Real Estate

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  • Saturday, May 3
    1 - 3pm

    4939 Hampton Ct, Lake Oswego, OR 97035

    $854,900

    • 4 Beds
    • 2.5 Baths
    • 2,971 Sq Ft
    • 4939 Hampton Ct
    • New 20 days ago

    Quiet cul-de-sac location, with expansive valley / territorial views and gorgeous sunset vistas. From the large, elevated front deck, step inside this beautiful light-filled home. A vaulted entry area leads to the great-room style kitchen, which is well appointed with granite counters, a huge island with eating bar, and stainless steel appliances. Don't miss the 6 burner gas range with double

    Laura Rumford Premiere Property Group, LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Linda Heinrichs, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
3,410
Median Age
45
Population Density
11 ppl/acre
Population under 18
23.8%
On par with the national average
23.8%
Population over 65
19.7%
On par with the national average
19.1%

Finances

Median Household Income
$120,735
Significantly above the national average
$71,702
Average Household Income
$140,328

Education and Workforce

High School Graduates
98%
College Graduates
76.1%
Significantly above the national average
34.1%
Advanced Degrees
38.8%
Significantly above the national average
13.3%
% Population in Labor Force
69.6%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
34°F
Average Summer High Temperature
82°F
Annual Snowfall
5''

Area Factors

Somewhat Bikeable

Bike Score®

42 / 100

Car-Dependent

Walk Score®

25 / 100

Some Transit

Transit Score®

28 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Oak Creek