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Housing in Pewaukee

409 homes sold in Pewaukee in the last year, at a typical $516K

Redfin reports Pewaukee’s sales by ZIP code, so these figures are for ZIP 53072, which takes in Pewaukee and the area around it. Houses and condos split the market almost evenly. 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 Pewaukee homes are listed.

Homes sold
409
ZIP 53072 · June 2025 to May 2026
Typical sale price
$516K
houses $662K · condos $322K
Price per square foot
$239
Wisconsin $194
Paid vs. asking
100.4%
41% sold over asking
For sale now
69
May 2026 · 36 sold that month
What sold · last 12 months · ZIP 53072

41% of Pewaukee’s sales are condos, at $340K less than a house

237 houses and 167 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.

Houses$662K

typical sale · 237 sold in 12 months

Per square foot
$253WI $196
Days to sell
53
Sold over asking
45%
Condos$322K

typical sale · 167 sold in 12 months

Per square foot
$226WI $209
Days to sell
43
Sold over asking
35%
11 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

409 sales in the last year, against 502 in 2015 and a low of 367 in 2024. The typical sale went from $287K in 2016 to $516K.

Homes soldTypical sale price
0137275412550$300K$400K$500K$600K2015: 502 sold, typical $251K’152016: 501 sold, typical $287K2017: 471 sold, typical $288K’172018: 489 sold, typical $306K2019: 460 sold, typical $304K’192020: 442 sold, typical $383K2021: 470 sold, typical $386K’212022: 430 sold, typical $425K2023: 395 sold, typical $439K’232024: 367 sold, typical $493K2025: 422 sold, typical $508K’25Last 12 months: 409 sold, typical $516KNow

Source: Redfin Data Center, MLS sales; for ZIP 53072, which takes in Pewaukee and the area around it (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.

What your budget buys

What $500K buys in Pewaukee

Houseat $253 a sq ft
Condoat $226 a sq ft
The same money in Wisconsinat $196 a sq ft

Is this asking price fair?

Check a listing against what Pewaukee 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 Pewaukee are more common than before the pandemic, but 40% fewer homes come up for sale

We read every month of home sales in ZIP 53072 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, 409 sales.

If you’re buying in Pewaukee

  • Shop in September. It brings about 46 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
  • Bid near asking. Buyers paid 100.4% of the list price on average; 41% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 55 a month), and the most competition: 43% close over asking. August and September offer nearly as much choice with fewer homes bid up (40%). February has the least competition (26%) but only about 25 new listings.

New listings a monthShare sold over asking
01530456020%40%60%Sweet spotJan: 23 new listings a month, 27% sold over asking, 67 days to sellJFeb: 25 new listings a month, 26% sold over asking, 72 days to sellFMar: 34 new listings a month, 27% sold over asking, 71 days to sellMApr: 43 new listings a month, 32% sold over asking, 64 days to sellAMay: 52 new listings a month, 40% sold over asking, 57 days to sellMJun: 55 new listings a month, 43% sold over asking, 53 days to sellJJul: 55 new listings a month, 43% sold over asking, 54 days to sellJAug: 51 new listings a month, 40% sold over asking, 52 days to sellASep: 46 new listings a month, 37% sold over asking, 54 days to sellSOct: 41 new listings a month, 34% sold over asking, 55 days to sellONov: 34 new listings a month, 32% sold over asking, 59 days to sellNDec: 26 new listings a month, 30% sold over asking, 60 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Wisconsin as a whole

Pewaukee now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price41%28%54%38%
Gone within two weeksShare of homes under contract within 14 days53%45%64%46%
Listings with a price cutShare of homes for sale that cut their price———18%
Price paid vs. askingAverage sale price ÷ list price100.4%98.6%101.6%99.6%
Days to sellMedian days from listing to contract47634851
Supply

77 homes for sale on a typical day

That’s 1.2 times the 2022 low (65), 40% fewer than in 2017–19 and well under 2015’s 192.

2015: 192 for sale’152016: 180 for sale2017: 147 for sale2018: 121 for sale’182019: 116 for sale2020: 90 for sale2021: 78 for sale’212022: 65 for sale2023: 67 for sale2024: 79 for sale’242025: 80 for saleLast 12 months: 77 for saleNow
Prices by type

Since 2019, houses are up 49%, condos 51%

A house typically sold for $662K in the last year (237 sales), a condo for $322K (167).

$250K$400K$550K$700K201520172019202120232025NowHouses 2015: $365K, 286 salesHouses 2016: $397K, 297 salesHouses 2017: $416K, 280 salesHouses 2018: $412K, 290 salesHouses 2019: $445K, 260 salesHouses 2020: $495K, 265 salesHouses 2021: $521K, 283 salesHouses 2022: $569K, 254 salesHouses 2023: $650K, 212 salesHouses 2024: $634K, 231 salesHouses 2025: $646K, 254 salesHouses last 12 months: $662K, 237 salesHouses $662KCondos 2015: $156K, 209 salesCondos 2016: $169K, 199 salesCondos 2017: $185K, 186 salesCondos 2018: $204K, 194 salesCondos 2019: $213K, 195 salesCondos 2020: $225K, 172 salesCondos 2021: $250K, 180 salesCondos 2022: $280K, 170 salesCondos 2023: $303K, 177 salesCondos 2024: $305K, 130 salesCondos 2025: $317K, 164 salesCondos last 12 months: $322K, 167 salesCondos $322K

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

Source: Redfin Data Center, ZIP code tracker; for ZIP 53072, which takes in Pewaukee and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Pewaukee home costs about $3,115 a month

Mortgage
Property tax
Insurance
Rent

Price: Pewaukee’s typical sale, last 12 months. Property tax at Pewaukee’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 Pewaukee is affordable on local pay is on Cost of living.

Before you buy in Pewaukee

Six things worth knowing

55

New listings in July

The month with the most choice. January has the fewest, about 23.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $516K home, about $5,070 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Pewaukee, from test results, graduation and how much students grow.

Schools in Pewaukee
20 min

Typical commute

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

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

Waukesha sells for less a square foot

The busier markets within 25 miles of Pewaukee, 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
Waukesha893$377K$21456%41
Brookfield534$523K$23452%42
Pewaukee (ZIP 53072)409$516K$23941%47
Sussex150$567K$24651%48
Hartland124$563K$24244%52
Lisbon122$635K$24450%60
Merton41$690K$24537%71

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.

Selling, or renting out?

Post your home to Pewaukee, free

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

Questions about buying a home in Pewaukee

What do homes sell for in Pewaukee, WI?

409 homes sold in the year to May 2026 at a typical $516K, $239 a square foot. Houses sold for about $662K, condos for about $322K.

Is Pewaukee a buyer’s or seller’s market?

A seller’s market: 69 homes were for sale in May 2026 and 36 sold, about 1.9 months of supply. Buyers paid 100.4% of asking on average.

When is the best time to buy in Pewaukee?

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

How much are property taxes in Pewaukee?

About 1% of a home’s value a year. On a $516K home that’s near $5,070.

Where can I see homes for sale in Pewaukee?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 53072, which takes in Pewaukee and the area around it (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).