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Sarah Mitchell

CNESRESABR

Compass Real Estate · Powers Lake, WI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Powers Lake, WI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Powers Lake, WI Housing Market & Real Estate

Seller's market-61.6% YoY

Housing market overview · Updated monthly ·

$397,450median sale price

How is the Powers Lake, WI housing market right now?

The median home sale price in Powers Lake, WI is $397,450, down 61.6% year-over-year. Homes sell in an average of 37 days with 4 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 Powers Lake a buyer's or seller's market?

Seller's market2.0 months of supply37 avg. days on market

Powers Lake, WI is currently a seller's market, based on 2.0 months of supply and homes selling in about 37 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

37

Average pace

Active listings

4

2.0 months supply

Sale-to-list

100.6%

Above asking

What does the Powers Lake housing market data show?

Current housing market statistics for Powers Lake, WI
MetricValue
Median sale price$397,450
Median list price$807,500
Year-over-year price change-61.6%
Average days on market37 days
Active inventory4 listings
Months of supply2.0 months
Sale-to-list price ratio100.6%
Median price per sq ft$223/sq ft
Homes sold (latest month)2
New listings (latest month)2
Listings with a price cut25.0%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Powers Lake by property type?

How the Powers Lake, WI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Powers Lake, WI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$397,450$223/sq ft237 days

Source: Redfin · Updated monthly

The Powers Lake housing market is currently classified as a seller's market with a median sale price of $397,450. Prices have fallen 61.6% compared to last year, with homes spending an average of 37 days on market, indicating 2.0 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 3.9x provides context for how home values compare to local earning capacity.

Homes for sale in Powers Lake

There are currently 4 homes listed for sale in Powers Lake, Wisconsin. The median listing price is $808K.

Active listings

4

Homes on market

Median list price

$808K

Avg. days on market

37

Days until sale

New this week

2

Newly listed

Price drops:25.0%of listings
Sale-to-list:100.6%

Who lives in Powers Lake?

Population

1,378

Median income

$113,875/yr

Median age

52.6 years

Owner-occupied

98.5%

College grads

33.6%

Avg commute

29.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Powers Lake?

Zillow home value

$440,497

Price-to-income

3.9x

Source: Zillow Research

What is it like to live in Powers Lake?

Powers Lake is a community of approximately 1K residents with a median age of 52.6 years.The median household income is $113,875, which reflects a relatively affluent area with strong earning potential. 33.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 98.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Powers Lake offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Powers Lake, WI?

Want a head-to-head view? Compare Powers 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 Powers Lake?

The median home sale price in Powers Lake is $397,450, down 61.6% from last year.

How long do homes stay on market in Powers Lake?

Homes typically spend 37 days on market before going under contract.

What is the median income in Powers Lake?

The median household income is $113,875 per year.

Is Powers Lake a buyer's or seller's market?

With 2.0 months of supply, Powers Lake is currently a seller's market.

What is the Zillow home value estimate for Powers Lake?

The Zillow Home Value Index (ZHVI) for Powers Lake is $440,497, representing the typical home value in the area.

How much does a single-family home cost in Powers Lake?

The median single-family home price in Powers Lake, WI is $397,450 (about $223 per square foot).

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