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Featured local agent — Pewaukee, WI
Sarah Mitchell
Compass Real Estate · Pewaukee, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pewaukee, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$537,500median sale price
How is the Pewaukee, WI housing market right now?
The median home sale price in Pewaukee, WI is $537,500, up 1.8% year-over-year. Homes sell in an average of 50 days with 51 active listings. The market is currently a strong 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 Pewaukee a buyer's or seller's market?
Pewaukee, WI is currently a strong seller's market, based on 1.9 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
27
Last 12 weeks
Days on market
50
Average pace
Active listings
51
1.9 months supply
Sale-to-list
102.6%
Above asking
What does the Pewaukee housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $537,500 |
| Median list price | $499,900 |
| Year-over-year price change | +1.8% |
| Average days on market | 50 days |
| Active inventory | 51 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 102.6% |
| Median price per sq ft | $235/sq ft |
| Homes sold (latest month) | 27 |
| New listings (latest month) | 27 |
| Listings with a price cut | 23.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Pewaukee by property type?
How the Pewaukee, 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 | $654,000 | $265/sq ft | 19 | 44 days |
| Condo / Co-op | $368,450 | $217/sq ft | 8 | 64 days |
Source: Redfin · Updated monthly
The Pewaukee housing market is currently classified as a strong seller's market with a median sale price of $537,500. Prices have risen 1.8% compared to last year, with homes spending an average of 50 days on market, indicating 1.9 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 9.2x provides context for how home values compare to local earning capacity.
Homes for sale in Pewaukee
There are currently 51 homes listed for sale in Pewaukee, Wisconsin. The median listing price is $500K.
Active listings
51
Homes on market
Median list price
$500K
Avg. days on market
50
Days until sale
New this week
27
Newly listed
Who lives in Pewaukee?
Population
8,240
Median income
$62,380/yr
Median age
45.3 years
Owner-occupied
59.1%
College grads
42.4%
Avg commute
20.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Pewaukee?
Zillow home value
$575,373
Price-to-income
9.2x
Source: Zillow Research
What is it like to live in Pewaukee?
Pewaukee is a community of approximately 8K residents with a median age of 45.3 years.The median household income is $62,380, which represents a working-class community with solid middle-income opportunities. 42.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 59.1%, showing a blend of owner and renter-occupied properties. The average commute time is 20.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Pewaukee offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Pewaukee?
4 schools tracked · 2,932 students
The largest public schools serving Pewaukee, 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.
Pewaukee High
Grades 9-12 · 885 students
Pewaukee Lake Elementary
Grades PK-2 · 757 students
Asa Clark Middle
Grades 6-8 · 651 students
Horizon School
Grades 3-5 · 639 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 Pewaukee, WI?
Want a head-to-head view? Compare Pewaukee side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Pewaukee?
The median home sale price in Pewaukee is $537,500, up 1.8% from last year.
How long do homes stay on market in Pewaukee?
Homes typically spend 50 days on market before going under contract.
What is the median income in Pewaukee?
The median household income is $62,380 per year.
Is Pewaukee a buyer's or seller's market?
With 1.9 months of supply, Pewaukee is currently a strong seller's market.
What is the Zillow home value estimate for Pewaukee?
The Zillow Home Value Index (ZHVI) for Pewaukee is $575,373, representing the typical home value in the area.
What is the median condo price in Pewaukee?
The median condo/co-op sale price in Pewaukee, WI is $368,450, compared to $654,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Pewaukee?
The median single-family home price in Pewaukee, WI is $654,000 (about $265 per square foot).
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