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Okauchee Lake (1)Photo: Awkwafaba · CC BY-SA 3.0
Housing in Okauchee Lake

80 homes sold in Okauchee Lake in the last year, at a typical $732K

About one sale in 4 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 Okauchee Lake homes are listed.

Homes for sale in Okauchee LakeZillowRedfinRealtor.comMore places to look ↓
Homes sold
80
October 2025 to September 2026
Typical sale price
$732K
houses $981K · condos $673K (year to May 2026)
Price per square foot
$310
Wisconsin $195
Paid vs. asking
99.1%
34% sold over asking
For sale now
13
September 2026 · 10 sold that month
What sold · last 12 months

A quarter of Okauchee Lake’s sales are condos, at $308K less than a house

50 houses and 15 condos sold in the year to May 2026. Houses draw more bidding wars.

Houses$981K

typical sale · 50 sold in the year to May 2026

Per square foot
$412WI $196
Days to sell
58
Sold over asking
48%
Listings with a price cut
17%
Condos$673K

typical sale · 15 sold in the year to May 2026

Per square foot
$352WI $209
Days to sell
60
Sold over asking
27%
Listings with a price cut
32%
11 years of sales

About as many homes sell as usual, at 1.7 times the 2016 price

80 sales in the last year, against 119 in 2019 and a low of 59 in 2025. The typical sale went from $419K in 2016 to $732K.

Homes soldTypical sale price
03775112150$450K$600K$750K$900K2015: 97 sold, typical $345K’152016: 96 sold, typical $419K2017: 101 sold, typical $355K’172018: 104 sold, typical $416K2019: 119 sold, typical $410K’192020: 114 sold, typical $490K2021: 89 sold, typical $544K’212022: 79 sold, typical $692K2023: 64 sold, typical $696K’232024: 73 sold, typical $623K2025: 59 sold, typical $822K’25Last 12 months: 80 sold, typical $732KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $750K buys in Okauchee Lake

Houseat $412 a sq ft, year to May 2026
Condoat $352 a sq ft, year to May 2026
The same money in Wisconsinat $196 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Okauchee Lake 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.

What the sales history says · 11 years of sales

Bidding wars in Okauchee Lake are more common than before the pandemic, but 58% fewer homes come up for sale

We read every month of Okauchee Lake’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 September 2026, 80 sales.

If you’re buying in Okauchee Lake

  • Shop in March. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • Bid near asking. Buyers paid 99.1% of the list price on average; 34% paid over.
  • Move fast on good ones. 45% of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; fall brings the bidding wars

June has the most new listings (about 14 a month), but October is the most competitive: 37% of October sales close over asking. March offers nearly as much choice with fewer homes bid up (17%). February has the least competition (6%) but only about 7 new listings.

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 5 new listings a month, 23% sold over asking, 84 days to sellJFeb: 7 new listings a month, 6% sold over asking, 136 days to sellFMar: 12 new listings a month, 17% sold over asking, 110 days to sellMApr: 12 new listings a month, 32% sold over asking, 80 days to sellAMay: 13 new listings a month, 28% sold over asking, 62 days to sellMJun: 14 new listings a month, 27% sold over asking, 63 days to sellJJul: 10 new listings a month, 34% sold over asking, 60 days to sellJAug: 11 new listings a month, 32% sold over asking, 66 days to sellASep: 9 new listings a month, 27% sold over asking, 63 days to sellSOct: 7 new listings a month, 37% sold over asking, 76 days to sellONov: 4 new listings a month, 30% sold over asking, 90 days to sellNDec: 2 new listings a month, 20% sold over asking, 94 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Wisconsin as a whole

Okauchee Lake now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price34%21%37%35%
Gone within two weeksShare of homes under contract within 14 days45%34%53%44%
Price paid vs. askingAverage sale price ÷ list price99.1%97.2%99.4%99.2%
Days to sellMedian days from listing to contract55796253
Supply

15 homes for sale on a typical day

That’s 58% fewer than in 2017–19 and well under 2015’s 57.

2015: 57 for sale’152016: 40 for sale2017: 39 for sale2018: 37 for sale’182019: 30 for sale2020: 29 for sale2021: 14 for sale’212022: 15 for sale2023: 14 for sale2024: 15 for sale’242025: 14 for saleLast 12 months: 15 for saleNow
Prices by type

Since 2019, houses are up 125%, condos 91%

A house typically sold for $981K in the year to May 2026 (50 sales), a condo for $673K (15).

$425K$650K$875K$1.1M201420162018202020222024NowHouses 2014: $348K, 8 salesHouses 2015: $371K, 85 salesHouses 2016: $439K, 81 salesHouses 2017: $391K, 87 salesHouses 2018: $444K, 86 salesHouses 2019: $437K, 94 salesHouses 2020: $551K, 93 salesHouses 2021: $628K, 68 salesHouses 2022: $791K, 63 salesHouses 2023: $747K, 51 salesHouses 2024: $651K, 57 salesHouses 2025: $952K, 49 salesHouses last 12 months: $981K, 50 salesHouses $981KCondos 2015: $251K, 9 salesCondos 2016: $288K, 15 salesCondos 2017: $313K, 13 salesCondos 2018: $338K, 18 salesCondos 2019: $353K, 23 salesCondos 2020: $358K, 20 salesCondos 2021: $427K, 21 salesCondos 2022: $562K, 16 salesCondos 2023: $864K, 13 salesCondos 2024: $458K, 15 salesCondos 2025: $774K, 10 salesCondos last 12 months: $673K, 15 salesCondos $673K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Wisconsin

Okauchee Lake ranks 104th of 165 busy Wisconsin markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Okauchee Lake is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Okauchee Lake home costs about $4,418 a month

Mortgage
Property tax
Insurance
Rent

Price: Okauchee Lake’s typical sale, last 12 months. Property tax at Okauchee Lake’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Okauchee Lake is affordable on local pay is on Cost of living.

Before you buy in Okauchee Lake

Five things worth knowing

14

New listings in June

The month with the most choice. December has the fewest, about 2.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $732K home, about $7,190 a year.

Taxes vs. neighbors
21 min

Typical commute

The average one-way trip to work for people who live in Okauchee Lake.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Nashotah, Oconomowoc, Delafield, Summit, Hartland and Merton sell for less a square foot

The busier markets within 25 miles of Okauchee Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Oconomowoc392$546K$27641%52
Hartland118$586K$23741%53
Okauchee Lake80$732K$31034%55
Delafield80$717K$27127%59
Summit69$727K$26839%53
Merton38$631K$24636%60
Nashotah26$664K$23251%59

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Okauchee Lake, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Okauchee Lake. People who follow the town see it, and so do people comparing Okauchee Lake with their own town. No commission, no listing fee.

Questions about buying a home in Okauchee Lake

What do homes sell for in Okauchee Lake, WI?

80 homes sold in the year to September 2026 at a typical $732K, $310 a square foot. Houses sold for about $981K, condos for about $673K in the year to May 2026.

Is Okauchee Lake a buyer’s or seller’s market?

A seller’s market: 13 homes were for sale in September 2026 and 10 sold, about 1.3 months of supply. Buyers paid 99.1% of asking on average.

When is the best time to buy in Okauchee Lake?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Okauchee Lake?

About 1% of a home’s value a year. On a $732K home that’s near $7,190.

Where can I see homes for sale in Okauchee Lake?

Zillow, Redfin, Realtor.com and Homes.com all carry Okauchee Lake’s MLS listings; the search links above open each one filtered to Okauchee Lake.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).