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Random Lake Wisconsin Panorama - Looking NorthPhoto: Radon360 · CC BY-SA 4.0
Housing in Random Lake

25 homes sold in Random Lake in the last year, at a typical $405K

Almost every sale is a house. 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 Random Lake homes are listed.

Homes sold
25
June 2025 to May 2026
Typical sale price
$405K
median, weighted by sales
Price per square foot
$239
Wisconsin $194
Paid vs. asking
98.9%
40% sold over asking
For sale now
6
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 76% of Random Lake’s sales, at a typical $437K

25 homes sold in the year to May 2026.

Houses$437K

typical sale · 19 sold in 12 months

Per square foot
$234WI $196
Days to sell
59
Sold over asking
42%
Listings with a price cut
43%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $179K
Condos: 5 sold, typical $384K

Too few sales in 12 months for reliable figures.

6 years of sales

About as many homes sell as usual, at 2.4 times the 2016 price

25 sales in the last year, against 33 in 2020 and a low of 18 in 2022. The typical sale went from $171K in 2016 to $405K.

Homes soldTypical sale price
012253750$200K$300K$400K$500K2016: 19 sold, typical $171K’162019: 21 sold, typical $201K2020: 33 sold, typical $275K’202021: 30 sold, typical $263K2022: 18 sold, typical $383K’222023: 22 sold, typical $356KLast 12 months: 25 sold, typical $405KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in Random Lake

Houseat $234 a sq ft
The same money in Wisconsinat $196 a sq ft

Is this asking price fair?

Check a listing against what Random 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 · 6 years of sales

Bidding wars in Random Lake are more common than before the pandemic, but 29% fewer homes come up for sale

We read every month of Random Lake’s home sales since 2016 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, 25 sales.

If you’re buying in Random Lake

  • Shop in February. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (36% over asking).
  • You can negotiate. 42% of listings have cut their price, against 25% before the pandemic.
  • Bid near asking. Buyers paid 98.9% of the list price on average; 40% paid over.
  • You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 74 days.
Best time to buy

Winter brings the homes; summer brings the bidding wars

February has the most new listings (about 7 a month), but July is the most competitive: 37% of July sales close over asking. January has the least competition (10%) but only about 1 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 1 new listings a month, 10% sold over asking, 181 days to sellJFeb: 7 new listings a month, 36% sold over asking, 171 days to sellFMar: 3 new listings a month, 15% sold over asking, 147 days to sellMApr: 3 new listings a month, 29% sold over asking, 182 days to sellAMay: 2 new listings a month, 12% sold over asking, 68 days to sellMJun: 4 new listings a month, 13% sold over asking, 151 days to sellJJul: 3 new listings a month, 37% sold over asking, 70 days to sellJAug: 2 new listings a month, 33% sold over asking, 73 days to sellASep: 1 new listings a month, 32% sold over asking, 71 days to sellSOct: 2 new listings a month, 26% sold over asking, 90 days to sellONov: 1 new listings a month, 25% sold over asking, 134 days to sellNDec: 1 new listings a month, 28% sold over asking, 68 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

Random Lake now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price40%9%33%38%
Gone within two weeksShare of homes under contract within 14 days44%32%50%46%
Listings with a price cutShare of homes for sale that cut their price42%25%20%18%
Price paid vs. askingAverage sale price ÷ list price98.9%96%98.5%99.6%
Days to sellMedian days from listing to contract7410110551
Supply

6 homes for sale on a typical day

That’s twice the 2022 low (3), 29% fewer than in 2017–19 and well under 2023’s 28.

2016: 13 for sale’162019: 7 for sale2020: 7 for sale2021: 5 for sale’212022: 3 for sale2023: 28 for saleLast 12 months: 6 for saleNow
Room to negotiate

1 in 2 listings has cut its price

42% in the last year, against 25% in 2017–19 and 18% across Wisconsin. More sellers are pricing high and coming down.

2016: 22%’162019: 22%2020: 16%2021: 20%’212022: 29%2023: 20%Last 12 months: 42%Now
Prices by type

Since 2019, houses are up 105%, condos 122%

A house typically sold for $437K in the last year (19 sales), a condo for $384K (5).

$200K$300K$400K$500K201520172019202120232025NowHouses 2015: $160K, 10 salesHouses 2016: $176K, 18 salesHouses 2017: $251K, 19 salesHouses 2018: $193K, 19 salesHouses 2019: $214K, 16 salesHouses 2020: $309K, 28 salesHouses 2021: $291K, 25 salesHouses 2022: $399K, 16 salesHouses 2023: $381K, 14 salesHouses 2024: $404K, 8 salesHouses 2025: $441K, 15 salesHouses last 12 months: $437K, 19 salesHouses $437KCondos 2019: $173K, 4 salesCondos 2023: $288K, 6 salesCondos 2024: $330K, 4 salesCondos 2025: $393K, 7 salesCondos last 12 months: $384K, 5 salesCondos $384K

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

Source: Redfin Data Center, city market tracker, January 2016 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 Random Lake home costs about $2,561 a month

Mortgage
Property tax
Insurance
Rent

Price: Random Lake’s typical sale, last 12 months. Property tax at Random Lake’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Random Lake is affordable on local pay is on Cost of living.

Before you buy in Random Lake

Six things worth knowing

7

New listings in February

The month with the most choice. November has the fewest, about 1.

Best time to buy
1.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $405K home, about $5,380 a year.

Taxes vs. neighbors
B−

Schools

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

Schools in Random Lake
23 min

Typical commute

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

Fredonia, Belgium, Oostburg, Saukville and Plymouth sell for less a square foot

The busier markets within 25 miles of Random 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
Port Washington157$379K$23445%40
Plymouth87$317K$17545%54
Saukville66$392K$21453%45
Oostburg36$307K$17358%34
Belgium32$371K$20731%50
Random Lake25$405K$23940%74
Fredonia22$349K$21536%44

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 Random Lake, free

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

Questions about buying a home in Random Lake

What do homes sell for in Random Lake, WI?

25 homes sold in the year to May 2026 at a typical $405K, $239 a square foot.

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

A seller’s market: 6 homes were for sale in May 2026 and 2 sold, about 3 months of supply. Buyers paid 98.9% of asking on average, and 42% of listings cut their price.

When is the best time to buy in Random Lake?

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

How much are property taxes in Random Lake?

About 1.3% of a home’s value a year. On a $405K home that’s near $5,380.

Where can I see homes for sale in Random Lake?

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

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).