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Sarah Mitchell

CNESRESABR

Compass Real Estate · Random Lake, WI

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

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

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Random Lake, WI Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$442,000median sale price

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

The median home sale price in Random Lake, WI is $442,000. Homes sell in an average of 104 days with 6 active listings. The market is currently a balanced 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 Random Lake a buyer's or seller's market?

Balanced market3.0 months of supply104 avg. days on market

Random Lake, WI is currently a balanced market, based on 3.0 months of supply and homes selling in about 104 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

104

Average pace

Active listings

6

3.0 months supply

Sale-to-list

99.0%

Below asking

What does the Random Lake housing market data show?

Current housing market statistics for Random Lake, WI
MetricValue
Median sale price$442,000
Median list price$695,000
Average days on market104 days
Active inventory6 listings
Months of supply3.0 months
Sale-to-list price ratio99.0%
Median price per sq ft$285/sq ft
Homes sold (latest month)2
New listings (latest month)1
Listings with a price cut33.3%
Market conditionBalanced market

Source: Redfin · Updated monthly

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

How the Random 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 Random Lake, WI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$442,000$285/sq ft2104 days
Condo / Co-op$337,000$253/sq ft138 days

Source: Redfin · Updated monthly

The Random Lake housing market is currently classified as a balanced market with a median sale price of $442,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 104 days on market, indicating 3.0 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 Random Lake

There are currently 6 homes listed for sale in Random Lake, Wisconsin. The median listing price is $695K.

Active listings

6

Homes on market

Median list price

$695K

Avg. days on market

104

Days until sale

New this week

1

Newly listed

Price drops:33.3%of listings
Sale-to-list:99.0%

Who lives in Random Lake?

Population

1,494

Median income

$87,370/yr

Median age

42.7 years

Owner-occupied

75.4%

College grads

25.4%

Avg commute

24.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Random Lake?

Zillow home value

$341,223

Price-to-income

3.9x

Source: Zillow Research

What is it like to live in Random Lake?

Random Lake is a community of approximately 1K residents with a median age of 42.7 years.The median household income is $87,370, which reflects a relatively affluent area with strong earning potential. 25.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 75.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Random Lake offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Random Lake?

3 schools tracked · 683 students

The largest public schools serving Random Lake, 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.

Random Lake Elementary

Grades PK-5 · 309 students

Public

Random Lake High

Grades 9-12 · 219 students

Public

Random Lake Middle

Grades 6-8 · 155 students

Public

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 Random Lake, WI?

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

The median home sale price in Random Lake is $442,000, down 0.0% from last year.

How long do homes stay on market in Random Lake?

Homes typically spend 104 days on market before going under contract.

What is the median income in Random Lake?

The median household income is $87,370 per year.

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

With 3.0 months of supply, Random Lake is currently a balanced market.

What is the Zillow home value estimate for Random Lake?

The Zillow Home Value Index (ZHVI) for Random Lake is $341,223, representing the typical home value in the area.

What is the median condo price in Random Lake?

The median condo/co-op sale price in Random Lake, WI is $337,000, compared to $442,000 for a single-family home, based on the latest Redfin data.

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

The median single-family home price in Random Lake, WI is $442,000 (about $285 per square foot).

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