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Okauchee Lake, WI

Full City Profile · Wisconsin · Waukesha County County

4.2 /5.0
A Great
4,827 Population 1,294/sq mi density
$129,241 Median Income $63,776 per capita
$473,600 Home Value $1,957,645 Zillow
$1,275 Median Rent 14.6% income on rent
47°F Avg Temperature 260 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
5.0 / 5.0
$129,241 median income, 0.9% unemployment
A+
Affordability
4.6 / 5.0
$473,600 home value, $1,275/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
4.7 / 5.0
46.5% bachelor's degree or higher

Housing Overview

Median Home Value
$473,600
68% above
US avg: $281,900
Median Rent
$1,275/mo
10% above
US avg: $1,163/mo
Homeownership Rate
88.7%
36% above US avg (65.4%)
Total Housing Units
2,455
Median year built: 1976

Home Value by Source

Census Median
$473,600
Zillow (ZHVI)
$1,957,645
Median Sale Price
$1,622,500
Median List Price
$619,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.7%
Owner-Occupied
11.3%
Renter-Occupied
89%
11%
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: $1,275/mo

Market Indicators (Redfin)

Median Days on Market
57 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$471
Active Inventory
9
homes for sale

Affordability & Housing Stock

Rent Burden
14.6%
of renters spending 30%+ of income on housing
53% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
88.7%

Complete Housing Data

Home Values

Census Median Value$473,600
Zillow Home Value (ZHVI)$1,957,645
Median Sale Price$1,622,500
Median List Price$619,900
Price Per Sq Ft$471

Rent

Census Median Rent$1,275
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 Market57
Sale-to-List Ratio1.0%
Price Drops11.1%
Homes Sold2
Active Inventory9
Price Per Sq Ft$471

Ownership & Stock

Owner-Occupied88.7%
Renter-Occupied11.3%
Homeownership Rate88.7%
Total Housing Units2,455
Median Year Built1976
Rent Burden14.6%