Pewaukee, WI, Real Estate

Pewaukee, Wisconsin, is a vibrant community located about 20 miles west of Milwaukee, offering a perfect blend of small-town charm and modern conveniences. Nestled around the scenic Pewaukee Lake, the city is a haven for outdoor enthusiasts, with opportunities for boating, fishing, and lakeside recreation, as well as trails like the Lake Country Trail for biking and hiking. Home to roughly 15,000 residents, Pewaukee features a bustling downtown with unique shops, restaurants, and seasonal events, such as the popular Waterfront Wednesday concerts. The city’s strong school system, family-friendly neighborhoods, and proximity to major highways make it an attractive destination for both residents and visitors. With its rich history, evident in landmarks like the historic Clark House Museum, Pewaukee combines a welcoming atmosphere with a high quality of life.

Pewaukee currently has 60 single family homes for sale with an average list price of $801,402.65, 1 townhouse for sale with a list price of $450,000, 36 condos for sale with an average list price of $404,311.11, and 11 lots for sale with an average list price of $423,578.18. The average annual property tax for Pewaukee is $4,083.00.

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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 Pewaukee, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Arborgate

Arborgate is a condo and townhouse community in Pewaukee, Wisconsin, built in 1985. It currently has no homes for sale. The homes range in size from 1,320 ft2 to 1,430 ft2. The average annual property tax for Arborgate is $1,819.44. It is located in Waukesha County. Arborgate is located on Willow Grove Drive south of Capitol Drive and west of Pewaukee Road. ... Read more
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Arrowhead Meadows

Arrowhead Meadows is a subdivision in Pewaukee, Wisconsin. It currently has no homes for sale. It is located in Waukesha County. Arrowhead Meadows is located west of High Road and north of Lynndale Road. ... Read more
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Arrowhead Trails

Arrowhead Trails is a single-family home community in Pewaukee, Wisconsin, built between 1964 and 1976. It currently has 1 single family home for sale with a list price of $624,900. The homes range in size from 2,104 ft2 to 2,591 ft2. The average annual property tax for Arrowhead Trails is $3,278. It is located in Waukesha County. Arrowhead Trails is located west of Meadowbrook Road and south of Northview Road. ... Read more
Median Price: $450,000
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Auburn Ridge

Auburn Ridge is a condo community in Pewaukee, Wisconsin, built between 2008 and 2019. It currently has 2 condos for sale with an average list price of $874,700. The homes range in size from 2,510 ft2 to 5,300 ft2. The average annual property tax for Auburn Ridge is $9,036.43. It is located in Waukesha County. Auburn Ridge is located on Auburn Court north of Capitol Drive and east of Highfield Drive. ... Read more
Median Price: $770,740
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Avondale

Avondale is a condo community in Pewaukee, Wisconsin, built between 1989 and 1998. It currently has no homes for sale. The homes range in size from 1,510 ft2 to 2,686 ft2. The average annual property tax for Avondale is $3,247.93. It is located in Waukesha County. Avondale is located north of I-94 and west of Pewaukee Road. ... Read more
Median Price: $385,000
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Subdivisions

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Market Trends

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Nearby Golf Courses

Naga-Waukee Golf Course

West 307 North1897 Maple Avenue, Pewaukee, WI 53072
Par 72 • 72 holes • 6822 yards

Western Lakes Golf Club

W287N1963 Oakton Rd, Pewaukee, WI 53072
Par 72 • 72 holes • 6587 yards

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Real Estate News

New Homes For Sale This Week in Pewaukee: August 22nd to August 28th

New Homes For Sale This Week in Pewaukee: August 22nd to August 28th - August 29, 2025

Pewaukee had 4 new homes for sale during the week of Friday, August 22 to Thursday, August 28, including including 2 single family homes for sale with an average list ... continue reading
Homes Just Sold in Pewaukee: August 19th to August 25th

Homes Just Sold in Pewaukee: August 19th to August 25th - August 26, 2025

Pewaukee had 4 sales during the week of Tuesday, August 19 to Monday, August 25, including including 4 single family homes for sale with an average list price of $761,225. $499,900 N2W27233 ... continue reading
New Homes For Sale This Week in Pewaukee: August 15th to August 21st

New Homes For Sale This Week in Pewaukee: August 15th to August 21st - August 22, 2025

Pewaukee had 16 new homes for sale during the week of Friday, August 15 to Thursday, August 21, including including 10 single family homes for sale with an average list ... continue reading
New Construction Homes For Sale This Week in Pewaukee: August 13th to August 19th

New Construction Homes For Sale This Week in Pewaukee: August 13th to August 19th - August 20, 2025

Pewaukee had only 1 new construction home during the week of Wednesday, August 13 to Tuesday, August 19, and it was a single family home for sale with a list ... continue reading
Homes Just Sold in Pewaukee: August 12th to August 18th

Homes Just Sold in Pewaukee: August 12th to August 18th - August 19, 2025

Pewaukee had 4 sales during the week of Tuesday, August 12 to Monday, August 18, including including 1 single family home for sale with a list price of $414,900, 1 ... continue reading
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