Oconomowoc, WI Home Values & Market Trends
Real estate market trends reflect that there have been 664 transactions over the past year in Oconomowoc. The median value for residential home transactions that occurred over the previous year is $471,272.37. The number of current listings in Oconomowoc is 22, and the percentage of properties for sale in the city is 22.00%. Oconomowoc, WI currently has 13 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 22 properties for sale.
Oconomowoc, WI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 53066 | $ 594,900 $ 238/sqft |
Housing Market Summary for Oconomowoc, WI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $484.9K | $475.5K | -1.95% |
| Median Sold Price | $430K | $475.5K | 10.58% |
| Homes For Sale | 18 | 15 | -16.67% |
| Homes Sold | 302 | 333 | 10.26% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Oconomowoc, WI
Browse Homes in Oconomowoc, WI
Oconomowoc home values range from $27,387 to $9,631,535. The median estimated value of a home in Oconomowoc is $471,272.37. The median list price of a home is 682,450, and the total count of properties in the city is 13,340.
- Pre-ForeclosurePre-foreclosure homes account for 0.07% of all residential properties in Oconomowoc, WI with 53066 containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Oconomowoc, WI; of that zips, the estimated home value for pre-foreclosure homes ranges from $446,414 in 53066 to the lowest home value of $225,901 in 53066.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Oconomowoc, WI ranges from the highest value of $500,316 in 53066 to the lowest value of $500,316 in 53066. Bank owned homes and properties account for 0.01% of properties in Oconomowoc, WI. There is 1 zips within Oconomowoc, WI; 53066 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions53066 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Oconomowoc, WI. Auction homes and other auction properties account for 0.01% of all properties in Oconomowoc, WI. There is 1 zips within Oconomowoc, WI; of that zips, the median estimated home value for homes going to auction ranges from $508,785 in 53066 to the lowest value of $447,290 in 53066.
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More Real Estate Resources for Oconomowoc, WI
Guide for Oconomowoc, WI
In Madison, WI homes have seen a gradual increase in property values, and sale price reach just under 500k in early 2024.
Madison’s real estate market continues to robustness, with varied trends across different market segments.
Milwaukee’s real estate market has shown growth with increasing property values and sold prices in the past year. However, the market contrasts with wealthier neighboring cities with higher average sold prices.
Wisconsin Foreclosure Laws