Waunakee

Waunakee

Located in Dane County

$641,750 Average Value
$238 Average Price per Sq Ft
52 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

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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

Waunakee Housing Trends

Housing Trends

Median List Price
$637,450
Median Sale Price
$599,950
Median Single Family Sale Price
$620,000
Median 2 Bedroom Sale Price
$275,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
224
Median Home Sale Price YoY Change
$0
Average Price Per Sq Ft
$238

Neighborhood Facts

Number of Homes for Sale
52
Months of Supply
2.80

Open Houses

  • Sunday, Jun 15
    11am - 1pm

    511 Knightsbridge Rd Unit 511, Waunakee, WI 53597

    $349,900

    • 2 Beds
    • 2.5 Baths
    • 1,956 Sq Ft
    • 511 Knightsbridge Rd
    • Unit 511
    • New 2 days ago

    Stylish 2-bed, 2.5-bath condo in Waunakee with nearly 2,000 sq ft of bright, open living space! Soaring vaulted ceilings and new main-level flooring create an airy, inviting feel. The great room features a gas fireplace and flows into a well-equipped kitchen with pantry, breakfast bar, and newer LG stainless steel appliances - great for entertaining! Upstairs offers 2 bedrooms and 2 baths,

    Kelly Longseth Accord Realty

  • Saturday, Jun 14
    11am - 1pm

    1713 Daily Dr, Waunakee, WI 53597

    $1,050,000

    • 5 Beds
    • 4.5 Baths
    • 4,700 Sq Ft
    • 1713 Daily Dr
    • New 6 days ago

    Southbridge Stunner ADJOINING PARK! Timeless elegance throughout! Walk-in and be drawn to the Gorgous Great rm w/ beautiful crown molding & white builtin that elegantly frame the marble fireplace! A wall of floor to clg windows draw in the 19 ft clg & floods the open flr plan w/natural sunlight! Rich hrdwd flrs grace the great rm, dining rm, front office &continue into the impressive cherry

    Peggy Acker-Farber RE/MAX Preferred

  • Sunday, Jun 15
    10am - 12pm

    507 E Verleen Ave, Waunakee, WI 53597

    $550,000

    • 3 Beds
    • 2.5 Baths
    • 1,992 Sq Ft
    • 507 E Verleen Ave
    • New 6 days ago

    Showings 6/13. Morning coffee in the sunroom, evenings in the fenced backyard, and a short walk to parks and trails—this home makes everyday life feel easy. Skip the stress of building and move right into this nearly new home in Waunakee’s Heritage Hills. With a front office for remote work, open living spaces for gathering, and a sunroom (premium new build feature) this one stands out. The lower

    Cait Berry Berkshire Hathaway HomeServices True Realty

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''
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