Housing Prices in Oconomowoc Lake, WI
How much do homes in Oconomowoc Lake, WI cost?
Median List Price
$1,772,450
$571/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Oconomowoc Lake has increased by 48.3% since last year.
Summary: The median home list price in Oconomowoc Lake was $1,772,450 in March 2024, up 48.3% from the previous year, and the median price per square foot was $571.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $470K | $750K | +59.6% |
| 2 Bedrooms | - | $586.4K | N/A |
| 3 Bedrooms | - | $1.1M | N/A |
| 4 Bedrooms | $874.4K | $2.4M | +183.0% |
| 5+ Bedrooms | $4.3M | $3.9M | -8.7% |
Summary: Oconomowoc Lake housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.6%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 183%, and 5+ bedroom homes decreased by 8.7%.
Median List Price Compared To Nearby Cities
| Oconomowoc Lake | $1.1M | $1.7M | +48.3% |
| Delafield | $549.9K | $589K | +7.1% |
| Summit | $639.9K | $675K | +5.5% |
| Oconomowoc | $496.8K | $519.9K | +4.6% |
Housing Supply in Oconomowoc Lake, WI
How many homes are available in Oconomowoc Lake, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The Oconomowoc Lake real estate market had 3 homes for sale in March 2024, a 50.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Oconomowoc Lake housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Oconomowoc Lake, WI
How long does it take to sell a home in Oconomowoc Lake, WI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 164 Days | 78 Days | -52.4% |
Summary: Homes in Oconomowoc Lake had an average listing age of 78 days in Mar 2024, down by 52.4% compared to the previous year.
