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Featured local agent — Paddock Lake, WI
Sarah Mitchell
Compass Real Estate · Paddock Lake, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Paddock Lake, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$425,000median sale price
How is the Paddock Lake, WI housing market right now?
The median home sale price in Paddock Lake, WI is $425,000, up 70.1% year-over-year. Homes sell in an average of 36 days with 7 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Paddock Lake a buyer's or seller's market?
Paddock Lake, WI is currently a seller's market, based on 1.0 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
36
Average pace
Active listings
7
1.0 months supply
Sale-to-list
99.2%
Below asking
What does the Paddock Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $425,000 |
| Median list price | $389,900 |
| Year-over-year price change | +70.1% |
| Average days on market | 36 days |
| Active inventory | 7 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 99.2% |
| Median price per sq ft | $187/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 5 |
| Listings with a price cut | 14.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Paddock Lake by property type?
How the Paddock Lake, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $425,000 | $187/sq ft | 7 | 36 days |
| Condo / Co-op | $280,000 | $348/sq ft | 1 | 28 days |
Source: Redfin · Updated monthly
The Paddock Lake housing market is currently classified as a seller's market with a median sale price of $425,000. Prices have risen 70.1% compared to last year, with homes spending an average of 36 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Paddock Lake
There are currently 7 homes listed for sale in Paddock Lake, Wisconsin. The median listing price is $390K.
Active listings
7
Homes on market
Median list price
$390K
Avg. days on market
36
Days until sale
New this week
5
Newly listed
Who lives in Paddock Lake?
Population
2,965
Median income
$88,438/yr
Median age
38.8 years
Owner-occupied
82.1%
College grads
30.2%
Avg commute
33.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Paddock Lake?
Zillow home value
$329,329
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Paddock Lake?
Paddock Lake is a community of approximately 3K residents with a median age of 38.8 years.The median household income is $88,438, which reflects a relatively affluent area with strong earning potential. 30.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Paddock Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Paddock Lake, WI?
Want a head-to-head view? Compare Paddock Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Paddock Lake?
The median home sale price in Paddock Lake is $425,000, up 70.1% from last year.
How long do homes stay on market in Paddock Lake?
Homes typically spend 36 days on market before going under contract.
What is the median income in Paddock Lake?
The median household income is $88,438 per year.
Is Paddock Lake a buyer's or seller's market?
With 1.0 months of supply, Paddock Lake is currently a seller's market.
What is the Zillow home value estimate for Paddock Lake?
The Zillow Home Value Index (ZHVI) for Paddock Lake is $329,329, representing the typical home value in the area.
What is the median condo price in Paddock Lake?
The median condo/co-op sale price in Paddock Lake, WI is $280,000, compared to $425,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Paddock Lake?
The median single-family home price in Paddock Lake, WI is $425,000 (about $187 per square foot).
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