Oconomowoc, WI, Real Estate

Oconomowoc, Wisconsin, is a picturesque city in Waukesha County, about 35 miles west of Milwaukee, known for its serene lakes and small-town charm. Nestled between Lac La Belle and Fowler Lake, it offers abundant recreational opportunities like boating, fishing, and hiking, attracting both residents and visitors. With a population of around 18,000, Oconomowoc blends historic character—seen in its well-preserved downtown with boutique shops and restaurants—with modern amenities, including top-rated schools and a vibrant community arts scene. The city hosts events like the Oconomowoc Festival of the Arts and a popular farmers' market, fostering a strong sense of community. Its proximity to Milwaukee and easy access via I-94 make it an ideal spot for those seeking a peaceful yet connected lifestyle.

Oconomowoc currently has 95 single family homes for sale with an average list price of $752,130.04, 3 townhouses for sale with an average list price of $504,963.33, 28 condos for sale with an average list price of $756,688.93, and 16 lots for sale with an average list price of $538,350. The average annual property tax for Oconomowoc is $4,995.06.

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Schools

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Oconomowoc, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions/Buildings

Subdivisions/Buildings Median Price
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Apple Grove Estates

Apple Grove Estates is a single-family home community in Oconomowoc, Wisconsin, built between 2001 and 2004. It currently has no homes for sale. The homes range in size from 2,003 ft2 to 4,030 ft2. The HOA fees range from $100 to $135 per month. The average annual property tax for Apple Grove Estates is $4,801.68. It is located in Waukesha County. Apple Grove Estates is located south of Allen Road and west of Concord Road. ... Read more
Median Price: $555,000
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Arrowood

Arrowood is a single-family home community in Oconomowoc, Wisconsin, built between 2022 and 2026. It currently has 21 single family homes for sale with an average list price of $536,233.33. The homes range in size from 1,304 ft2 to 3,973 ft2. The HOA fees range from $20 to $245 per month. The average annual property tax for Arrowood is $981.76. It is located in Waukesha County. ... Read more
Median Price: $529,400
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Ashippun Shores

Ashippun Shores is a subdivision in Oconomowoc, Wisconsin. It currently has no homes for sale. It is located in Waukesha County.
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Autumn Woods

Autumn Woods is an active adult 55+ condo community in Oconomowoc, Wisconsin, built between 2001 and 2007. It currently has 1 condo for sale with a list price of $329,900. The homes range in size from 1,212 ft2 to 1,825 ft2. The HOA fees range from $260 to $295 per month. The average annual property tax for Autumn Woods is $2,390.84. It is located in Waukesha County. Autumn Woods is located north of Highway 16 on Autumn Woods Drive. Autumn Woods is a community for adults 55+. ... Read more
Median Price: $320,500
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Bay Pointe

Bay Pointe is a condo and single-family home community in Oconomowoc, Wisconsin, built between 2005 and 2022. It currently has 1 single family home for sale with a list price of $660,000 and 1 condo for sale with a list price of $549,900. The homes range in size from 1,506 ft2 to 3,600 ft2. The HOA fees range from $25 to $350 per month. The average annual property tax for Bay Pointe is $3,239.40. It is located in Waukesha County. ... Read more
Median Price: $547,000
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Subdivisions/Buildings

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Market Trends

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Nearby Golf Courses

Deer Trak Golf Club

West 976 County Rd O, Oconomowoc, WI 53066
Par 72 • 72 holes • 6313 yards

Oconomowoc Golf Club

W360 N5261 Brown, Oconomowoc, WI 53066
Par 70 • 70 holes • 6501 yards

Olde Highlander Golf Club

965 Cannon Gate Rd, Oconomowoc, WI 53066
Par 73 • 73 holes • 6474 yards

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Real Estate News

New Homes For Sale This Week in Oconomowoc: March 13th to March 19th

New Homes For Sale This Week in Oconomowoc: March 13th to March 19th - March 20, 2026

Oconomowoc had 9 new homes for sale during the week of Friday, March 13 to Thursday, March 19, including including 7 single family homes for sale with an average list ... continue reading
New Construction Homes For Sale This Week in Oconomowoc: March 11th to March 17th

New Construction Homes For Sale This Week in Oconomowoc: March 11th to March 17th - March 18, 2026

Oconomowoc had 4 new construction homes during the week of Wednesday, March 11 to Tuesday, March 17, including 3 single family homes for sale with an average list price of ... continue reading
Homes Just Sold in Oconomowoc: March 10th to March 16th

Homes Just Sold in Oconomowoc: March 10th to March 16th - March 17, 2026

Oconomowoc had 4 sales during the week of Tuesday, March 10 to Monday, March 16, including including 3 single family homes for sale with an average list price of $491,600 ... continue reading
New Homes For Sale This Week in Oconomowoc: March 6th to March 12th

New Homes For Sale This Week in Oconomowoc: March 6th to March 12th - March 13, 2026

Oconomowoc had 12 new homes for sale during the week of Friday, March 6 to Thursday, March 12, including including 9 single family homes for sale with an average list ... continue reading
New Construction Homes For Sale This Week in Oconomowoc: March 4th to March 10th

New Construction Homes For Sale This Week in Oconomowoc: March 4th to March 10th - March 11, 2026

Oconomowoc had 3 new construction homes during the week of Wednesday, March 4 to Tuesday, March 10, including 2 single family homes for sale with an average list price of ... continue reading
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