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Advertise here →Oconomowoc, WI · Market Data
Oconomowoc, Wisconsin real estate market data.
Real estate market data for Oconomowoc, WI (Waukesha County) — Census median home value $367,700, county listing prices roughly flat over the past year.
Oconomowoc, WI is in Waukesha County, Wisconsin — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 18,385, with a median household income of $105,833. Census data puts Oconomowoc's median home value at $367,700 (all owner-occupied homes); Waukesha County's current median listing price runs $589,450, roughly flat over the past year.
At a glance
Oconomowoc market snapshot
Population
18,385
Median Household Income
$105,833
Median Home Value (city)
$367,700
Median Listing Price (Waukesha County)
$589,450
Median Gross Rent
$1,235/mo
Price Trend (YoY)
-0.1%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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Advertise here →Why Oconomowoc
What makes Oconomowoc different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Oconomowoc's median home value — across all owner-occupied homes, not just recent sales — at $367,700. Separately, Waukesha County's current median listing price (via Realtor.com data, 2026-06-01) runs $589,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Waukesha County's FHFA house price index shows a 5.36% annual change in 2025.
Population & Income
Oconomowoc has an estimated population of 18,385 and a median household income of $105,833, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Oconomowoc's Census-reported median home value works out to about 3.5x the area's median household income, and median gross rent runs roughly 14% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Oconomowoc FAQ
What are home values like in Oconomowoc, WI?
The Census Bureau's American Community Survey puts Oconomowoc's median home value at $367,700. Waukesha County's current median listing price runs $589,450, roughly flat over the past year.
What is the population of Oconomowoc, WI?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Oconomowoc's population at approximately 18,385.
What's the median rent in Oconomowoc, WI?
The Census ACS estimates median gross rent in Oconomowoc at approximately $1,235 per month.
What is the median household income in Oconomowoc, WI?
Census ACS data puts the median household income in Oconomowoc at approximately $105,833.
Is the Oconomowoc housing market growing?
Waukesha County's FHFA house price index shows a 5.36% annual change in 2025.
Is Oconomowoc, WI affordable relative to income?
Census ACS data puts Oconomowoc's median home value at about 3.5 times the median household income, with median gross rent equal to roughly 14% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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