What are current home values in Oconomowoc Lake, WI?

The median home value in Oconomowoc Lake, WI is $2,062,386 as of July 2026. This represents a 0.1% increase compared to last month and a 11.9% increase year-over-year.

How have home values changed in Oconomowoc Lake, WI?

Home values in Oconomowoc Lake, WI have increased by 0.1% month-over-month and 11.9% year-over-year.

How do home values in Oconomowoc Lake, WI compare to Waukesha County, Wisconsin, and the national average?

The median home value in Oconomowoc Lake, WI ($2,062,386) compares to: Waukesha County ($512,586), Wisconsin ($343,798), and the U.S. national median ($371,774).

Oconomowoc Lake, WI Housing Market

$2,062,386

11.9% 1-yr

The average Oconomowoc Lake, WI home value is $2,062,386, up 11.9% over the past year. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

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.

Learn more about the Zillow Home Value Index

Oconomowoc Lake Key Takeaways

Typical Home Values: $2,062,386

1-Year Value Change: +11.9%

(Data through July 31, 2026)

Oconomowoc Lake Housing Market Overview

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(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Oconomowoc Lake

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Oconomowoc Lake Rental Market Trends

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National Average Rent: $1,962 (July 31, 2026)

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How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.