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Waunakee

Waunakee

Located in Dane County

$661,733 Average Value
$252 Average Price per Sq Ft
100 Homes For Sale

Suburban town center on the northern banks of Lake Mendota

First founded when the Chicago and Northwestern Railroad expanded its train line from Madison to Saint Paul in 1871, Waunakee sits near the cusp of Madison on the northern shores of Lake Mendota. It's a sprawling area that extends from the suburbs north of Madison out into rural farmland. The name Waunakee means fair and pleasant valley, and that’s precisely how resident Sheryl Schroeder describes the village. “It’s just a great little town,” says Schroeder, a Realtor with Coldwell Banker Realty. With its cluster of shops and restaurants along Main Street, this area has a small-town feel. Still, its proximity to downtown Madison, along with excellent parks and schools, means that homeowners here benefit from big-city amenities. Housing prices start around $300,000 and climb well above $1 million for custom, luxury homes overlooking the lake.

Waunakee is one of a kind -- there is no other
Waunakee is one of a kind -- there is no other "Waunakee" in the world.
Waunakee neighbors form tight-knit communities which pride themselves on well-kept properties.
Waunakee neighbors form tight-knit communities which pride themselves on well-kept properties.
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Established ranch-style homes and newly built Craftsmans

Spanning from the northern shores of Lake Mendota into the farmlands of southern Wisconsin, housing ranges across Waunakee. There are a variety of new and established homes throughout the neighborhood, from brick ranch-style homes to two-story Craftsman; some builds are recently finished, whereas others date back to the early 1900s and have a historic charm. This neighborhood has been seeing growth in newer subdivisions that feature spacious homes on well-groomed, tidy lots. Some are even located near the banks of Lake Mendota, including lots where homebuyers can design their dream home and waterfront properties that are priced at a premium. These luxury homes can sell for upwards of $1 million, though the median for the area is closer to $605,000, with very few houses listing below $300,000.

Two-story modern traditional homes are common in the developments of Waunakee.
Two-story modern traditional homes are common in the developments of Waunakee.
Closer to the enter of Waunakee, you will find older, bungalow-style homes.
Closer to the enter of Waunakee, you will find older, bungalow-style homes.
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Waunakee Community Schools earn top marks across the board

Families can send their kids to public schools in the Waunakee Community School District. Young students might start out at Arboretum Elementary until the fourth grade before moving up to Waunakee Intermediate, which serves students in the fifth and sixth grades. Seventh and eighth graders can attend Waunakee Community Middle before earning their diploma at Waunakee Community High. All four schools score an A rating from Niche, and the district even has its own aquatic center where the Waunakee Warriors swim teams train, though it also hosts American Red Cross swimming lessons and family swims.

Exterior of Kromrey Middle School in Middleton.
Exterior of Kromrey Middle School in Middleton.
The main entrance for Waunakee High School.
The main entrance for Waunakee High School.
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Waterfront activities on Lake Mendota and neighborhood parks

Waunakee is full of parks and outdoor spaces to explore. Sixmile Creek runs through town at Waunakee Village Park, which has paved paths through the trees for walks in addition to playgrounds and sporting facilities. During December, the park turns into a winter wonderland with festive holiday lights lining the walkways. Even as the weather gets chillier, it’s easy to stay active at Waunakee Village Center, located next to the park. This community center features a gym and fitness center and hosts events for youth and seniors alike. Residents of Waunakee can also take advantage of nearby Lake Mendota at Governor Nelson State Park, which features over 8 miles of peaceful trails along the water in addition to sandy beaches for relaxing or fishing for smallmouth bass.

Waunakee has over a dozen parks for nature-lovers to enjoy.
Waunakee has over a dozen parks for nature-lovers to enjoy.
Mendota Park in Middleton is the perfect spot to relax and enjoy the water.
Mendota Park in Middleton is the perfect spot to relax and enjoy the water.
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Local restaurants line Main Street in the heart of town

Traveling down Main Street, residents have their choice between an array of local restaurants scattered every few blocks. Lone Girl Brewing Company is a popular spot for sipping on craft beers and munching on pub fare from cheese curds to burgers, and during the warmer months, its rooftop patio is a great place to enjoy the sun. Those who prefer wine to beer can head over to Red and White Winebar, just a few streets over. It features a self-serve wine bar and hosts classes and concerts to make it a place where people come to sit and stay a while. There are even more options near Century Avenue, like classy Ren’s Innkeeper for seafood and steaks or M-N-M’s Coffeehouse for a quick latte pick-me-up. For cooking from home, residents can grab all their groceries at the Main Street Market Piggly Wiggly.

Lone Girl Brewing Company in Waunakee is a large brewpub and restaurant on Main Street.
Lone Girl Brewing Company in Waunakee is a large brewpub and restaurant on Main Street.
M-N-M's Coffeehouse serves a variety of hot and cold drinks to Waunakee residents.
M-N-M's Coffeehouse serves a variety of hot and cold drinks to Waunakee residents.
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Less than half an hour to downtown Madison

Drive times vary from one end of Waunakee to the other, but commuters can expect a trip into downtown Madison to take about 20 to 30 minutes or 10 to 15 miles. The Dane County Regional Airport is even closer, approximately 10 to 15 minutes away by car. Most places are accessible via Route 113, but for further trips around the Madison area, Interstate 90 is just over 5 miles due east and leads to the University of Wisconsin Health East Madison Hospital.

Waunakee is full of newer developments, especially in the outskirts.
Waunakee is full of newer developments, especially in the outskirts.
Don't forget to check out Lone Girl Brewing Company in Waunakee, right by the railroad tracks.
Don't forget to check out Lone Girl Brewing Company in Waunakee, right by the railroad tracks.
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Tina Davis
Written By
Tina Davis
Scott Mason Bittinger
Photography Contributed By
Scott Mason Bittinger

Interested in learning more about homes in this area? Reach out to Deanna Prochaska, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Waunakee Housing Trends

Housing Trends

Median List Price
$618,450
Median Sale Price
$599,950
Median Single Family Sale Price
$601,000
Median 2 Bedroom Sale Price
$267,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
250
Median Home Sale Price YoY Change
-2%
Average Price Per Sq Ft
$252

Area Facts

Number of Homes in Neighborhood
3,403
Number of Homes for Sale
100
Median Year Built
2016
Months of Supply
4.80
Average Single Family Home Size Sq Ft
3,015
Significantly above the national average
1,925
Average 2 Bedroom Size Sq Ft
1,416
Average 1 Bedroom Size Sq Ft
1,071
Median Lot Size Sq Ft
10,890

Open Houses

  • Sunday, Sep 14
    Open Sat 12PM - 4PM

    1103 Moll Dr, Waunakee, WI 53597

    $1,449,900

    • 4 Beds
    • 3.5 Baths
    • 4,236 Sq Ft
    • 1103 Moll Dr

    Welcome Home to The Welsh, Espire's 2025 POH model! Designed to maximize space & comfort, this home features a spacious main level anchored by a versatile living area, where the tucked-away KIT, GR, & dining space flow seamlessly for everyday living & entertaining. A sunroom w/ cathedral ceilings opens to a generous deck, bringing the outdoors in and creating an inviting space to relax or gather.

    Tara Ruppelt Realty Executives Integrity~Brookfield

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  • Sunday, Sep 21
    Open Sun 12PM - 2PM

    604 4th St, Waunakee, WI 53597

    $425,000

    • 3 Beds
    • 2 Baths
    • 1,743 Sq Ft
    • 604 4th St
    • New 5 days ago

    Seller has accepted sight unseen offer. Welcome to wonderful Waunakee! A superb location & quality of life awaits you! Award winning schools! Opportunity knocks to own this solid 1 owner, 3 bdrm, 2 bath ranch home w/att 2 car gar! Very lg Liv Rm w/huge windows to let in lots of natural light! Spacious Fam Rm w/brick 2-sided gas Frpl, steps out to rear patio! EIK & Din combo w/brick (behind frpl)

    Steven Markley Markley & Associates, REALTORS LLC

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Waunakee Has More Owners

Demographics

Total Population
15,321
Median Age
41
Population Density
24 ppl/acre
Population under 18
26.4%
On par with the national average
23.8%
Population over 65
17.4%
On par with the national average
19.1%

Finances

Median Household Income
$119,192
Significantly above the national average
$71,702
Average Household Income
$145,558

Education and Workforce

High School Graduates
98%
Above the national average
89.1%
College Graduates
56%
Above the national average
34.1%
Advanced Degrees
18.7%
% Population in Labor Force
73.3%

Weather

Annual Precipitation
36''
Average Winter Low Temperature
11°F
Average Summer High Temperature
82°F
Annual Snowfall
48''

Area Factors

Bikeable

Bike Score®®

55 / 100

Car-Dependent

Walk Score®®

17 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Waunakee