Housing in Oconomowoc Lake, WI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,950,000

Median List Price

N/A

Price Per Sq Ft

$326

Days on Market

138

Active Inventory

N/A

Zillow Home Value

$1,985,912

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price ↑ 41.8%List Price ↓ 78.3%May 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

97.5%

Buyer's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold ↓ 50.0%New Listings ↓ 66.7%Pending ↑ 0.0%May 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$326

Sale $/SF ↑ 7.2%List $/SF ↓ 75.9%May 24 → Jan 26

Oconomowoc Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Oconomowoc Lake is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$1,328,700

Median Rent

N/A

Total Housing Units

338

Vacancy Rate

29.0%

Owner Occupied

98.8%

Renter Occupied

1.3%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,560

Housing Types

Single Family
100.0%
Multi-Family
0.0%
Mobile Home
0.0%

The current median sale price in Oconomowoc Lake, WI is $1,950,000 according to Redfin data. Homes spend a median of 138 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $326. About 98.8% of housing units are owner-occupied. The median year homes were built is 1974. There are 338 total housing units.