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Featured local agent — Waunakee, WI
Sarah Mitchell
Compass Real Estate · Waunakee, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Waunakee, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$593,500median sale price
How is the Waunakee, WI housing market right now?
The median home sale price in Waunakee, WI is $593,500, down 4.3% year-over-year. Homes sell in an average of 49 days with 76 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 Waunakee a buyer's or seller's market?
Waunakee, WI is currently a balanced market, based on 3.2 months of supply and homes selling in about 49 days. How we determine this →
Homes sold
24
Last 12 weeks
Days on market
49
Average pace
Active listings
76
3.2 months supply
Sale-to-list
99.6%
Below asking
What does the Waunakee housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $593,500 |
| Median list price | $607,450 |
| Year-over-year price change | -4.3% |
| Average days on market | 49 days |
| Active inventory | 76 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $243/sq ft |
| Homes sold (latest month) | 24 |
| New listings (latest month) | 36 |
| Listings with a price cut | 11.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Waunakee by property type?
How the Waunakee, 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 | $595,500 | $241/sq ft | 22 | 49 days |
| Condo / Co-op | $597,000 | $248/sq ft | 1 | 17 days |
| Townhouse | $300,000 | $250/sq ft | 1 | 50 days |
Source: Redfin · Updated monthly
The Waunakee housing market is currently classified as a balanced market with a median sale price of $593,500. Prices have fallen 4.3% compared to last year, with homes spending an average of 49 days on market, indicating 3.2 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 4.6x provides context for how home values compare to local earning capacity.
Homes for sale in Waunakee
There are currently 76 homes listed for sale in Waunakee, Wisconsin. The median listing price is $607K.
Active listings
76
Homes on market
Median list price
$607K
Avg. days on market
49
Days until sale
New this week
36
Newly listed
Who lives in Waunakee?
Population
14,927
Median income
$128,750/yr
Median age
39.9 years
Owner-occupied
76.9%
College grads
62.0%
Avg commute
21.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Waunakee?
Zillow home value
$593,595
Zillow rent index
$2,350/mo
Price-to-rent ratio
21.0x
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in Waunakee?
Waunakee is a community of approximately 15K residents with a median age of 39.9 years.The median household income is $128,750, which reflects a relatively affluent area with strong earning potential. 62.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 76.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Waunakee offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Waunakee?
7 schools tracked · 4,410 students
The largest public schools serving Waunakee, 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.
Waunakee High
Grades 9-12 · 1,346 students
Waunakee Middle
Grades 7-8 · 681 students
Waunakee Intermediate
Grades 5-6 · 620 students
Waunakee Heritage Elementary
Grades PK-4 · 575 students
Waunakee Prairie Elementary
Grades PK-4 · 524 students
Arboretum Elementary
Grades PK-4 · 427 students
Waunakee Community 4K School
Grades PK · 237 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 Waunakee, WI?
Want a head-to-head view? Compare Waunakee side-by-side with any other U.S. city using our market-comparison tool.
Is Waunakee a good real estate investment market?
For investors evaluating Waunakee, the price-to-rent ratio of 21.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 4.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Waunakee's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Waunakee's median home price.
Frequently asked questions
What is the average home price in Waunakee?
The median home sale price in Waunakee is $593,500, down 4.3% from last year.
How long do homes stay on market in Waunakee?
Homes typically spend 49 days on market before going under contract.
What is the median income in Waunakee?
The median household income is $128,750 per year.
Is Waunakee a buyer's or seller's market?
With 3.2 months of supply, Waunakee is currently a balanced market.
What is the Zillow home value estimate for Waunakee?
The Zillow Home Value Index (ZHVI) for Waunakee is $593,595, representing the typical home value in the area.
What is the median condo price in Waunakee?
The median condo/co-op sale price in Waunakee, WI is $597,000, compared to $595,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Waunakee?
The median single-family home price in Waunakee, WI is $595,500 (about $241 per square foot).
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