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Paddock Lake, WI
Full City Profile · Wisconsin · Walworth County County
3.6
/5.0
B+
Good
2,965
Population
979/sq mi density
$88,438
Median Income
$46,180 per capita
$242,800
Home Value
$307,938 Zillow
$1,202
Median Rent
20.2% income on rent
47°F
Avg Temperature
260 sunny days/yr
49
Violent Crime/100K
1,195 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,438 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$242,800 home value, $1,202/mo rent
F
Safety
1.0 / 5.0
49 violent crimes/100K
B
Education
3.4 / 5.0
30.2% bachelor's degree or higher
Housing Overview
Median Home Value
$242,800
14% below
US avg: $281,900
Median Rent
$1,202/mo
3% above
US avg: $1,163/mo
Homeownership Rate
82.1%
26% above US avg (65.4%)
Total Housing Units
1,331
Median year built: 1970
Home Value by Source
Census Median
$242,800
Zillow (ZHVI)
$307,938
Median Sale Price
$321,500
Median List Price
$319,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.1%
Owner-Occupied
17.9%
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:
$1,202/mo
Market Indicators (Redfin)
Median Days on Market
52 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
4
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$233
Active Inventory
12
homes for sale
Affordability & Housing Stock
Rent Burden
20.2%
of renters spending 30%+ of income on housing
35% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
82.1%
Complete Housing Data
Home Values
| Census Median Value | $242,800 |
| Zillow Home Value (ZHVI) | $307,938 |
| Median Sale Price | $321,500 |
| Median List Price | $319,900 |
| Price Per Sq Ft | $233 |
Rent
| Census Median Rent | $1,202 |
| 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 | 52 |
| Sale-to-List Ratio | 1.1% |
| Price Drops | 25.0% |
| Homes Sold | 4 |
| Active Inventory | 12 |
| Price Per Sq Ft | $233 |
Ownership & Stock
| Owner-Occupied | 82.1% |
| Renter-Occupied | 17.9% |
| Homeownership Rate | 82.1% |
| Total Housing Units | 1,331 |
| Median Year Built | 1970 |
| Rent Burden | 20.2% |