Housing in Oconomowoc, WI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$538,000

Median List Price

$549,900

Price Per Sq Ft

$279

Days on Market

66

Active Inventory

62

Months of Supply

2.5

Seller's market

Zillow Home Value

$519,154

ZHVI — January 2026

Zillow Rent Index

$1,537

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 1.2%List Price 3.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

44.0%

Off Market in 2 Weeks

18.2%

Sale-to-List Ratio

100.3%

Seller's market

Sold Above Asking
44.0%
Under Contract in 2 Wks
18.2%
Listings with Price Drops
9.7%

Market Activity

Source: Redfin

Homes Sold

25

New Listings

31

Pending Sales

22

Homes Sold 21.9%New Listings 10.7%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$279

Median List $/SF

$267

Sale $/SF 18.2%List $/SF 4.7%Mar 24Jan 26

Oconomowoc vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Oconomowoc is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

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

Median Home Value

$367,700

Median Rent

$1,235

Total Housing Units

7,934

Vacancy Rate

3.7%

Owner Occupied

68.0%

Renter Occupied

32.0%

Median Property Tax

$4,741

per year

Monthly Cost (w/ Mortgage)

$1,833

Housing Types

Single Family
67.7%
Multi-Family
32.2%
Mobile Home
0.1%

The current median sale price in Oconomowoc, WI is $538,000 according to Redfin data. Homes spend a median of 66 days on the market. 44.0% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $279. Zillow's observed rent index is $1,537/month. About 68.0% of housing units are owner-occupied. The median year homes were built is 1984. There are 7,934 total housing units.