- 5 bd
- 3 ba
- 3,000 sqft

The average Lake Road, OR home value is $541,590, up 1.4% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $541,590
1-Year Value Change: +1.4%
(Data through October 31, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The neighborhoods with the highest median home values in Milwaukie, OR include: Lake Road ($536,972), Oatfield ($533,513), Island Station ($520,870), Jennings Lodge ($511,466), Oak Grove ($510,611).
The neighborhoods with the lowest median home values in Milwaukie, OR include: Historic Milwaukie ($454,337), Hector Campbell ($468,559), Ardenwald ($480,875), Lewelling ($487,586), Linwood ($494,740).
Neighborhoods with the highest year-over-year value growth in Milwaukie, OR include: Island Station (2.0%), Oatfield (1.8%), Lake Road (1.6%), Hector Campbell (1.5%), Oak Grove (1.0%).