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Oconomowoc, WI
Full City Profile · Wisconsin · Waukesha County County
3.9
/5.0
B+
Good
18,385
Population
1,555/sq mi density
$105,833
Median Income
$53,743 per capita
$367,700
Home Value
$521,893 Zillow
$1,235
Median Rent
32.1% income on rent
47°F
Avg Temperature
260 sunny days/yr
77
Violent Crime/100K
736 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$105,833 median income, 1.7% unemployment
A+
Affordability
4.7 / 5.0
$367,700 home value, $1,235/mo rent
F
Safety
1.0 / 5.0
77 violent crimes/100K
A+
Education
4.8 / 5.0
46.9% bachelor's degree or higher
Housing Overview
Median Home Value
$367,700
30% above
US avg: $281,900
Median Rent
$1,235/mo
6% above
US avg: $1,163/mo
Homeownership Rate
68.0%
4% above US avg (65.4%)
Total Housing Units
7,842
Median year built: 1984
Home Value by Source
Census Median
$367,700
Zillow (ZHVI)
$521,893
Median Sale Price
$542,900
Median List Price
$634,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.0%
Owner-Occupied
32.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent:
$1,235/mo
· Zillow rent:
$1,556/mo
Market Indicators (Redfin)
Median Days on Market
70 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
15
Price Drops
2.9%
of listings with price reduction
Price Per Sq Ft
$292
Active Inventory
68
homes for sale
Affordability & Housing Stock
Rent Burden
32.1%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
68.0%
Complete Housing Data
Home Values
| Census Median Value | $367,700 |
| Zillow Home Value (ZHVI) | $521,893 |
| Median Sale Price | $542,900 |
| Median List Price | $634,900 |
| Price Per Sq Ft | $292 |
Rent
| Census Median Rent | $1,235 |
| Zillow Rent (ZORI) | $1,556 |
| FMR Studio | $797 |
| FMR 1-Bedroom | $872 |
| FMR 2-Bedroom | $1,097 |
| FMR 3-Bedroom | $1,405 |
| FMR 4-Bedroom | $1,572 |
Market
| Days on Market | 70 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 2.9% |
| Homes Sold | 15 |
| Active Inventory | 68 |
| Price Per Sq Ft | $292 |
Ownership & Stock
| Owner-Occupied | 68.0% |
| Renter-Occupied | 32.0% |
| Homeownership Rate | 68.0% |
| Total Housing Units | 7,842 |
| Median Year Built | 1984 |
| Rent Burden | 32.1% |