The median home in Oconomowoc Lake, Wisconsin is valued at $1,985,912, up 8.8% year over year. Oconomowoc Lake is part of the Milwaukee-Waukesha, WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$1,985,912

+8.8%

Prices rising — worse for buyers.

Affordability

Enter your income for Oconomowoc Lake.

Income (annual)

Down Payment

$397,182 on $1,985,912

Example: $75,000 household income. Change it above to see your own.

Out of reach211.2% of income

Need $565,843/yr to afford.

PITI$13,203

P/I211.2%

Afford$263K

Gap-$1.72M

P&I $10,042Tax $3,062Ins $100

6.50% 30yr, 20% down, county tax + WI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Wisconsin

Compare Oconomowoc Lake with other housing markets across Wisconsin.

Shorewood Hills$1.13M Maple Bluff$967K River Hills$895K Linn$733K Summit$730K Delafield$722K Nashotah$691K Springfield$658K

Full Milwaukee-Waukesha, WI analysis

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Oconomowoc Lake, WI