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 46 single family homes for sale with an average list price of $805,251.50, 2 townhouses for sale with an average list price of $382,949.50, 33 condos for sale with an average list price of $439,112.12, and 2 lots for sale with an average list price of $194,900. The average annual property tax for Pewaukee is $4,039.89.

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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 townhouse community in Pewaukee, Wisconsin, built in 1985. It currently has no homes for sale. The homes have an average size of 1,430 ftclass="sqft">2. The average annual property tax for Arborgate is $1,864.56. It is located in Waukesha County. Arborgate is located on Willow Grove Drive south of Capitol Drive and west of Pewaukee Road. ... Read more
Median Price: $260,000
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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 1993. It currently has no homes for sale. The homes range in size from 1,724 ft2 to 2,823 ft2. The average annual property tax for Arrowhead Trails is $3,555.80. It is located in Waukesha County. Arrowhead Trails is located west of Meadowbrook Road and south of Northview Road. ... Read more
Median Price: $540,000
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Auburn Ridge

Auburn Ridge is a condo community in Pewaukee, Wisconsin, built between 2008 and 2018. It currently has 1 condo for sale with a list price of $864,900. The homes range in size from 2,818 ft2 to 5,300 ft2. The HOA fees range from $50 to $535 per month. The average annual property tax for Auburn Ridge is $7,706.36. 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: $842,500
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Avondale

Avondale is a condo and townhouse community in Pewaukee, Wisconsin, built between 1990 and 1998. It currently has no homes for sale. The homes range in size from 1,510 ft2 to 2,886 ft2. The average annual property tax for Avondale is $2,857.95. It is located in Waukesha County. Avondale is located north of I-94 and west of Pewaukee Road. ... Read more
Median Price: $395,000
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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: April 10th to April 16th

New Homes For Sale This Week in Pewaukee: April 10th to April 16th - April 17, 2026

Pewaukee had 2 new homes for sale during the week of Friday, April 10 to Thursday, April 16, including including 1 single family home for sale with a list price ... continue reading
Homes Just Sold in Pewaukee: April 7th to April 13th

Homes Just Sold in Pewaukee: April 7th to April 13th - April 14, 2026

Pewaukee had 8 sales during the week of Tuesday, April 7 to Monday, April 13, including including 3 single family homes for sale with an average list price of $561,600 ... continue reading
New Homes For Sale This Week in Pewaukee: April 3rd to April 9th

New Homes For Sale This Week in Pewaukee: April 3rd to April 9th - April 10, 2026

Pewaukee had 7 new homes for sale during the week of Friday, April 3 to Thursday, April 9, including including 3 single family homes for sale with an average list ... continue reading
Homes Just Sold in Pewaukee: March 31st to April 6th

Homes Just Sold in Pewaukee: March 31st to April 6th - April 7, 2026

Pewaukee had 8 sales during the week of Tuesday, March 31 to Monday, April 6, including including 4 single family homes for sale with an average list price of $734,970, ... continue reading
New Homes For Sale This Week in Pewaukee: March 27th to April 2nd

New Homes For Sale This Week in Pewaukee: March 27th to April 2nd - April 3, 2026

Pewaukee had 8 new homes for sale during the week of Friday, March 27 to Thursday, April 2, including including 7 single family homes for sale with an average list ... continue reading
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