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 34 single family homes for sale with an average list price of $736,282.85, 1 townhouse for sale with a list price of $374,900, 19 condos for sale with an average list price of $500,357.90, and 7 lots for sale with an average list price of $450,667.14. The average annual property tax for Pewaukee is $4,047.70.

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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 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
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 1976. It currently has no homes for sale. 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: $545,000
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Auburn Ridge

Auburn Ridge is a condo community in Pewaukee, Wisconsin, built between 2008 and 2019. It currently has no homes for sale. 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: $835,000
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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: January 9th to January 15th

New Homes For Sale This Week in Pewaukee: January 9th to January 15th - January 16, 2026

Pewaukee had 3 new homes for sale during the week of Friday, January 9 to Thursday, January 15, including including 2 single family homes for sale with an average list ... continue reading
New Construction Homes For Sale This Week in Pewaukee: January 7th to January 13th

New Construction Homes For Sale This Week in Pewaukee: January 7th to January 13th - January 14, 2026

Pewaukee had only 1 new construction home during the week of Wednesday, January 7 to Tuesday, January 13, and it was a single family home for sale with a list ... continue reading
Homes Just Sold in Pewaukee: January 6th to January 12th

Homes Just Sold in Pewaukee: January 6th to January 12th - January 13, 2026

Pewaukee had 5 sales during the week of Tuesday, January 6 to Monday, January 12, including including 5 condos for sale with an average list price of $473,720. $729,900 N28W25158 Parkway Ridge ... continue reading
New Homes For Sale This Week in Pewaukee: January 2nd to January 8th

New Homes For Sale This Week in Pewaukee: January 2nd to January 8th - January 9, 2026

Pewaukee had 7 new homes for sale during the week of Friday, January 2 to Thursday, January 8, including including 5 single family homes for sale with an average list ... continue reading
New Construction Homes For Sale This Week in Pewaukee: December 31st to January 6th

New Construction Homes For Sale This Week in Pewaukee: December 31st to January 6th - January 7, 2026

Pewaukee had 4 new construction homes during the week of Wednesday, December 31 to Tuesday, January 6, including 4 single family homes for sale with an average list price of ... continue reading
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