Photo: Iulus Ascanius at English Wikipedia · Public domain359 homes sold in Oconomowoc in the last year, at a typical $547K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Oconomowoc homes are listed.
Every place Oconomowoc homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Oconomowoc.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
19% of Oconomowoc’s sales are condos, at $53K less than a house
284 houses and 69 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 284 sold in 12 months
- Per square foot
- $265WI $196
- Days to sell
- 53
- Sold over asking
- 42%
- Listings with a price cut
- 9%
typical sale · 69 sold in 12 months
- Per square foot
- $289WI $209
- Days to sell
- 77
- Sold over asking
- 23%
- Listings with a price cut
- 13%
Multi-family (2–4 units): 6 sold, typical $435K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
359 sales in the last year, against 411 in 2021 and a low of 281 in 2023. The typical sale went from $277K in 2016 to $547K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $550K buys in Oconomowoc
Check a listing against what Oconomowoc homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Oconomowoc are more common than before the pandemic, but a quarter fewer homes come up for sale
We read every month of Oconomowoc’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 359 sales.
If you’re buying in Oconomowoc
- Shop in August. It brings about 38 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
- Less room to haggle. Only 10% of listings cut their price, against 15% before the pandemic.
- Bid near asking. Buyers paid 100.8% of the list price on average; 38% paid over.
- You’ll usually have time. Only 43% of homes go under contract within two weeks; the typical one takes 55 days.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 44 a month), but April is the most competitive: 40% of April sales close over asking. August offers nearly as much choice with fewer homes bid up (34%). December has the least competition (23%) but only about 15 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Wisconsin as a whole
| Oconomowoc now | 2017–19 | 2021 peak | WI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 38% | 29% | 51% | 38% |
| Gone within two weeksShare of homes under contract within 14 days | 43% | 38% | 56% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 10% | 15% | 8% | 18% |
| Price paid vs. askingAverage sale price ÷ list price | 100.8% | 98.8% | 101.6% | 99.6% |
| Days to sellMedian days from listing to contract | 55 | 67 | 50 | 51 |
81 homes for sale on a typical day
That’s 1.5 times the 2023 low (53), 25% fewer than in 2017–19 and well under 2016’s 134.
1 in 10 listings has cut its price
10% in the last year, against 15% in 2017–19 and 18% across Wisconsin.
Since 2019, houses are up 65%, condos 16%
A house typically sold for $552K in the last year (284 sales), a condo for $499K (69).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Oconomowoc ranks 88th of 158 busy Wisconsin markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Oconomowoc is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Oconomowoc home costs about $3,400 a month
Price: Oconomowoc’s typical sale, last 12 months. Property tax at Oconomowoc’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Oconomowoc is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 15.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $547K home, about $6,540 a year.
Taxes vs. neighborsSchools
The schools grade for Oconomowoc, from test results, graduation and how much students grow.
Schools in OconomowocTypical commute
The average one-way trip to work for people who live in Oconomowoc.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Nashotah and Ixonia sell for less a square foot; Okauchee Lake for far more
The busier markets within 25 miles of Oconomowoc, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Oconomowoc | 359 | $547K | $268 | 38% | 55 |
| Delafield | 92 | $755K | $280 | 37% | 56 |
| Okauchee Lake | 65 | $809K | $353 | 43% | 53 |
| Summit | 60 | $683K | $264 | 38% | 55 |
| Ixonia | 32 | $449K | $211 | 34% | 42 |
| Dousman | 28 | $578K | $277 | 36% | 66 |
| Nashotah | 21 | $641K | $241 | 48% | 68 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Oconomowoc, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Oconomowoc. People who follow the town see it, and so do people comparing Oconomowoc with their own town. No commission, no listing fee.
Questions about buying a home in Oconomowoc
What do homes sell for in Oconomowoc, WI?
359 homes sold in the year to May 2026 at a typical $547K, $268 a square foot. Houses sold for about $552K, condos for about $499K.
Is Oconomowoc a buyer’s or seller’s market?
A seller’s market: 81 homes were for sale in May 2026 and 37 sold, about 2.2 months of supply. Buyers paid 100.8% of asking on average, and 10% of listings cut their price.
When is the best time to buy in Oconomowoc?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Oconomowoc?
About 1.2% of a home’s value a year. On a $547K home that’s near $6,540.
Where can I see homes for sale in Oconomowoc?
Zillow, Redfin, Realtor.com and Homes.com all carry Oconomowoc’s MLS listings; the search links above open each one filtered to Oconomowoc.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).