Brokers — List your Company Here
Featured local agent — Lake Geneva, WI
Sarah Mitchell
Compass Real Estate · Lake Geneva, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Lake Geneva, WI Housing Market
The typical home in Lake Geneva, WI is worth $420,272, rose 4.4% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $475,657, +46.4% year over year (through May 2026). With 4.1 months of supply and homes going under contract in about 42 days, Lake Geneva is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $420,272 home is about $2,244/mo in principal and interest.
Key numbers for Lake Geneva, WI
Typical home value
$420,272
+4.4% in 12 months
Zillow, August 2026
Typical asking rent
$2,900/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$475,657
+46.4% year over year
Redfin, through May 2026
Days on market
42
Average pace
Redfin, through May 2026
Active listings
77
4.1 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$73,199
Home costs 5.7x income
U.S. Census ACS, 2023
Sale-to-list ratio
97.4%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Lake Geneva a buyer's or seller's market?
Lake Geneva, WI is a balanced market, based on 4.1 months of supply and homes selling in about 42 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Lake Geneva housing market data show?
Every row below is Redfin's final published month for Lake Geneva, WI. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $475,657 |
| Median list price | $389,000 |
| Year-over-year price change | +46.4% |
| Median price per sq ft | $228/sq ft |
| Median days on market | 42 days |
| Active inventory | 77 listings |
| Months of supply | 4.1 months |
| Sale-to-list price ratio | 97.4% |
| Homes sold (that month) | 19 |
| New listings (that month) | 27 |
| Listings with a price cut | 24.7% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Lake Geneva is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Lake Geneva is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Lake Geneva home prices moved?
Over the last three years the median sale price in Lake Geneva, WI rose 38.2%, from $344,150 to $475,657. The live Zillow value series has rose 4.4% in the last 12 months, which is the more current read now that Redfin's series has stopped. 24.7% of Lake Geneva listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 4.1 months while the sale-to-list ratio slips below its current 97.4%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get Lake Geneva market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Lake Geneva?
Priced off the typical home value of $420,272 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $84,054 | $336,218 | $2,244/mo |
| 5% | $21,014 | $399,259 | $2,664/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,244, that implies roughly $96,156 a year before you add taxes and insurance. The median household in Lake Geneva earns $73,199, about $22,957 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.7x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Lake Geneva in the next 12 months?
Tell us your timeline. We send the Lake Geneva market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Lake Geneva?
Typical asking rent in Lake Geneva, WI is $2,900/mo, against a typical home value of $420,272. That is a price-to-rent ratio of 12.1x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $2,244 a month — $656 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Lake Geneva?
Active listings in Lake Geneva, WI went from 85 in May 2025 to 77 in May 2026, a -9.4% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 87 | 21 |
| July 2025 | 73 | 25 |
| August 2025 | 77 | 22 |
| September 2025 | 82 | 22 |
| October 2025 | 71 | 21 |
| November 2025 | 60 | 23 |
| December 2025 | 47 | 6 |
| January 2026 | 48 | 13 |
| February 2026 | 53 | 15 |
| March 2026 | 67 | 28 |
| April 2026 | 71 | 31 |
| May 2026 | 77 | 27 |
Redfin, through May 2026
How does Lake Geneva compare to Wisconsin and the U.S.?
Lake Geneva homes sell for $475,657 — 32% above the Wisconsin median of $361,600. Against the national median of $410,700, Lake Geneva runs 16% higher. Year-over-year, Lake Geneva moved +46.4% against Wisconsin's +6.5% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Lake Geneva, WI | $475,657 | +46.4% | 42 days |
| Wisconsin statewide | $361,600 | +6.5% | 44 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Lake Geneva
What buyers should watch
- Months of supply, currently 4.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 24.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $421 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $420,272 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Lake Geneva listing goes under contract in 42 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 97.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Lake Geneva added 27 new listings against 19 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +4.4% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Lake Geneva varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Lake Geneva
There are currently 77 homes listed for sale in Lake Geneva, Wisconsin. The median listing price is $389K.
Active listings
77
Homes on market
Median list price
$389K
Avg. days on market
42
Days until sale
New this week
27
Newly listed
How much do homes cost in Lake Geneva by property type?
How the Lake Geneva, WI market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $530,000 | $262/sq ft | 9 | 76 days |
| Condo / co-op | $292,500 | $197/sq ft | 10 | 34 days |
| Townhouse | $330,000 | $259/sq ft | 1 | 43 days |
Who lives in Lake Geneva?
American Community Survey estimates for Lake Geneva. U.S. Census ACS, 2023
Population
8,443
Households
4,095
Median income
$73,199/yr
Median age
47.2 years
Owner-occupied
50.5%
Median home value
$323,000
Median gross rent
$1,250/mo
Mean commute
20.4 min
50.5% of occupied homes in Lake Geneva are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $323,000 against Zillow's $420,272 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,250/mo, below Zillow's $2,900/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Lake Geneva?
10 schools tracked · 3,463 students
The largest public schools serving Lake Geneva, WI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Badger High
Grades 9-12 · 1,275 students
Lake Geneva Middle
Grades 6-8 · 600 students
Central - Denison Elementary
Grades PK-3 · 548 students
Star Center Elementary
Grades PK-5 · 340 students
Eastview Elementary
Grades 4-5 · 247 students
Reek Elementary
Grades PK-8 · 155 students
Woods Elementary
Grades PK-8 · 150 students
Traver Elementary
Grades PK-8 · 87 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lake Geneva, WI?
Ordered by distance from Lake Geneva, not by size. Compare Lake Geneva side by side with any of them.
Lake Geneva housing market FAQ
Is Lake Geneva a buyer's or seller's market?
Lake Geneva, WI is currently a balanced market. That read comes from 4.1 months of supply, homes going under contract in about 42 days, and sellers getting 97.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Lake Geneva?
The typical home in Lake Geneva, WI is worth $420,272 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $475,657, about $228 per square foot.
Is Lake Geneva cheaper than the rest of Wisconsin?
Lake Geneva's median sale price of $475,657 is 32% higher than the Wisconsin statewide median of $361,600, and 16% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Lake Geneva?
Homes in Lake Geneva, WI spent a median of 42 days on market before going under contract, versus 44 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Lake Geneva?
At the current 30-year fixed rate of 7.03%, 20% down on a $420,272 home is about $2,244 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $96,156 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $73,199.
Are home prices rising in Lake Geneva?
The typical home value in Lake Geneva, WI rose 4.4% over the last 12 months, from $402,597 to $420,272 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Lake Geneva?
Lake Geneva ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Lake Geneva?
That depends on your timeline, not on a headline. What the data says today: Lake Geneva, WI is a balanced market with 4.1 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 12.1x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Lake Geneva, WI
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Lake Geneva
Nearby markets
Get the Lake Geneva market brief
Get the Lake Geneva, WI market brief
One email: what homes are actually clearing at around $420,272, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.