$550,606Average Value$303Average Price per Sq Ft97Homes For Sale
A small town in Wisconsin’s Lake Country
Before French Canadian fur traders colonized it, the land on which the City of Oconomowoc sits was inhabited by the Potawatomi people. The population grew after a rail station was constructed in 1896, bringing in vacationers who built lodge-style estates along the community’s three lakes: Lac La Belle, Lake Fowler and Oconomowoc Lake. A downtown area and several neighborhoods soon formed around the latter two lakes. The city’s name is derived from Coo-no-mo-wauk, the tribe’s word for waterfall. True to that name, a waterfall cascades over the Fowler Lake Dam into Lac La Belle.
Over time, Oconomowoc evolved into a place where most people stayed year-round. “Once you spend time here, you want to live here,” says Realtor Bonnie Lewis-Tschannen, who has been a resident for 20 years and sells homes with Stapleton Realty. “The first thing we noticed was the quaint downtown and that people were friendly right away. It felt like we had always lived here.”
The number of seasonal residents has increased in recent years, similar to how things were a century ago. “Short-term rentals have gained a lot in popularity over the past five years,” Lewis-Tschannen says. “Since more people work remotely now, if they want to spend the month of August here with family, they can do that.”
Today, the city has roughly 9,000 full-time residents, with the population expanding by almost 20% since 1990. “There has been a substantial amount of sprawl outside of the downtown as Oconomowoc has grown,” says Realtor Liz Tobolt, who sells homes with First Weber Real Estate. “It still has a nice hometown feel.”
There has been a substantial amount of sprawl outside of downtown as Oconomowoc has grown.
Downtown Oconomowoc is quaint and lively during any season.
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Suburban contemporaries and lodges on the lake
The median single-family home price is $540,000, more than double Milwaukee’s median price and more than the national median around $400,000. Since 2020, home prices increased by more than 30%, consistent with national trends. Most of the city’s suburban blocks are made up of early 2000s split-levels, ranch-style and contemporary-style homes priced from $240,000 to $600,000. On the southeast corner of town, newly built contemporaries are priced from $520,000 to $780,000. Along the lakes, most of the houses were built as vacation homes between the 1910s and ‘40s. These lodge-style homes are priced from $800,000 to $2.6 million. The city’s condos and townhouses are priced from $220,000 to $360,000.
Since Oconomowoc was built in Wisconsin’s Lake Country lowlands, some residential parts of the city are highly prone to flooding.
Split level homes are popular in Oconomowoc.
Lodge-style, lake homes were built in the 1940's and add to Oconomowoc's charm.
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Spending time on the water
The area’s key recreational feature is its lake access. Overlooking Fowler Lake, Fowler Lake Park has grills, a basketball court, tennis courts and a fishing pier. Some residents join the Oconomowoc Yacht Club, which has a kitchen, a ballroom and motorboat docks overlooking Oconomowoc Lake. In the summer, the city holds free Friday night concerts at the Rhodee Memorial Bandshell, which overlooks the beach. During Memorial Day and the Fourth of July, residents watch fireworks shows from the beaches or their boats.
The city experiences harsh winters and nighttime temperatures often sink below zero degrees Fahrenheit. “Since the lakes freeze over in the winter, people can skate and ice fish,” Tobolt says.
There are several public greenspaces within walking distance of residents. The city is home to Oconomowoc Golf Club, a private club that has been open since 1916. Other golf clubs and parks are connected by Lake County Trail, a 15-mile-long paved bike path. Its trailhead is located at Roosevelt Park, which has an ADA-compliant playground and a skate park. Oconomowoc Historical Museum is next to the park and tells the city’s story using model train sets and miniature landscapes.
Winter does not stop the residents of Oconomowoc from enjoying their lakes.
Oconomowoc Golf Club is a private club that has been open since 1916.
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The downtown where The Wizard of Oz premiered
Oconomowoc has a flourishing downtown area called East Wisconsin Avenue, where boutique shops, cafés, wine bars and international dining options are based out of connected brick buildings from the late 19th century. There are also multiple lakeside restaurants within a 2-mile drive of the city. Twisted Fire serves craft beer and prime steak in a rustic environment. Weissgerber's Golden Mast Inn serves fine surf and turf dishes in an atmosphere modeled after the dining quarters of an old sailing ship. Various produce markets and grocery stores are within a mile of most residents.
The classic film "The Wizard of Oz" premiered at Oconomowoc’s Strand Theatre in 1939, and the city celebrates the anniversary every year. “People gather downtown for "The Wizard of Oz" festival, which always features an outdoor showing of the movie,” Tobolt says. The downtown also has a swirling yellow brick design and life-sized sculptures of the film’s characters.
The Wizard of Oz premiered at Oconomowoc's Strand Theater in 1939.
The food and the hospitality at Twisted Fire in Oconomowoc will keep you coming back again and again.
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Highly rated public schools
The Oconomowoc Area School District has an A-minus Niche rating and a 97% graduation rate. The district’s reading and math proficiencies are well above the state and national averages.
For after-school study time or socialization, Oconomowoc Public Library holds writing workshops, fiber arts circles and book clubs.
The Oconomowoc Library is a popular place at all times of day.
Oconomowoc has highly-rated public schools.
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Getting around Wisconsin
Wisconsin Highway 16 and Interstate 94 take commuters 34 miles east to Milwaukee, while Interstate 94 takes them 50 miles west to Madison. Top employers in Milwaukee include Northwestern Mutual, Harley-Davidson and several not-for-profit healthcare companies. Madison’s top employers include General Electric, Cummins and Promega. Wisconsin Highway 67 runs through the city. The nearest major airport is Milwaukee Mitchell International.
Residents have access to ProHealth Oconomowoc Memorial Hospital.
The closest airport to Oconomowoc is Milwaukee's Mitchell Airport about an hour away.
Residents have access to ProHealth Oconomowoc Memorial Hospital.
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Crime
According to FBI data, the city’s violent and nonviolent crime rates are below the state and national averages.
Written By
William Palicia
Photography Contributed By
Hayley McCormick
Video By
David Fritzson
Interested in learning more about homes in this area?
Reach out to
Wendy Ackley,
an experienced agent in this area.
GreatSchools:
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On average, homes in Oconomowoc, WI sell after 36 days on the market compared to the national average of 55 days. The median sale price for homes in Oconomowoc, WI over the last 12 months is $562,900, up 2% from the median home sale price over the previous 12 months.
MOVE IN READY NEW CONSTRUCTION!-3 Bedrooms, 3 Full baths. Gorgeous Finished Lower Level with full size windows with AMAZING Rec Room and 3rd Bedroom/3rd Bath. Several new homesites available. Beautiful Lake Country Location. New Condos move in ready NOW, 2025 completions, 2026 completions. Make your PLANS! Listing priced as 3/3; photos of previously finished Weston Ridge property.
Modern living at its finest in this 3bed, 3bath townhome-style ranch condo.Open & thoughtful floorplans flow seamlessly, meeting the needs of every day living while maintaining that WOW factor you can feel proud to share w/guests. Beautiful kitchen designed for functionality includes full appliance package, island w/quartz tops, & walk in pantry. Stylish combinations of painted & stained woodwork
Unique 3-4 bedroom property on over half an acre lot, located in a fantastic neighborhood, close to everything Oconomowoc offers! The newer addition offers so many possibilities with a family room overlooking your backyard, and a bedroom with large closet. Turn it into a master suite if you desire! The patio door off the family room also allows for separate entry to this wing. Main area of the
Located in the desirable Longmeadow neighborhood of Oconomowoc, this spacious 5BR, 3.5BA home offers space and versatility throughout. The finished lookout lower level lives like a private suite with bedroom, full bath, kitchen, living area and its own laundry--ideal for guests or multi-generational living. A second laundry room on the main level adds convenience. The upper level features a
Welcome to a rare waterfront gem nestled along the prestigious Lake Club Circle in the Village of Oconomowoc Lake. This coveted community celebrates a lakeside lifestyle most people only dream about, complete with a private pier on the Oconomowoc River and direct access to the lake beyond. This lovely ranch home is situated on a beautifully landscaped 3.4 acre lot with lake views that shift with
Nicole GilletteThe Real Estate Company Lake & Country
Build your dream home on a 2+ acre lot with mature trees and rural feel, but close proximity to thriving downtown Oconomowoc and easy access to I-94. With well & septic already on-site, this site is ready for you to bring your own builder.
Welcome home to this Oconomowoc gem! Nestled on a quiet street, this well maintained property offers the perfect blend of comfort and convenience. Enjoy bright, inviting living spaces, a functional layout, and a yard ideal for relaxing and entertaining. Located close to parks, schools, downtown and all that Oconomowoc has to offer - this is a home you won't want to miss!!! Room sizes - sq.
Exceptional opportunity to enjoy Lac La Belle lake life with a boat slip, private neighborhood park access, and a fully updated ranch just a short walk from vibrant downtown Oconomowoc. $10k seller credit offered for rate buy down. Offering 4 BR, 3 BA, and over $350k in improvements, this home showcases thoughtful design and refined finishes throughout, including walnut and cherry hardwood
Incredibly high quality and very attractive grand home just steps away from Okauchee Lake access. Beautifully decorated and finished interior,no details untouched. Superbly maintained for a move in condition home. There is a boat launch down the block. It does not have parking, but you can drive your vehicle and trailer back home after you launch. It is a 2-minute walk. And it is free. It is like
Beautifully updated 3,788 sq. ft. home in a sought-after location! The kitchen is a standout with new cabinetry, ample storage, farmhouse sink, and newer appliances--perfect for everyday living and entertaining. Gather in the spacious living room with natural fireplace or host with ease in the large dining area. Main-level primary suite offers a sitting area, plus a flexible office/bedroom with
Rare chance to own a prime lakefront property with breath-taking views situated on a stunning 3/4-acre lot on Ashippun Lake. Here's an amazing opportunity to tear down and build your dream home! Enjoy approximately 90 feet of frontage and a fully buildable lot offering an expansive building envelope--ideal for constructing a substantial custom home. Existing structure is considered a tear-down,
Don't miss out on owning this property with 100' of lake frontage and stunning views on the western shoreline on Golden Lake. Make this ranch home with 2 car GA your own, or start fresh to make your dream home. This awesome lot is extra deep with a desirable long driveway that provides ample parking for guests and owner. Walkout basement has a finished rec room with door opening out to the lake,
Lovely, like-new 4BD, 3BA ranch in the desirable Prairie Creek Ridge subdivision! Prime location near shopping, schools, dining & all that downtown Oconomowoc and Lake Country offer. Beautiful finishes include quartz counters throughout the main level & consistent cabinetry carried throughout the home for a seamless, cohesive look, plus a stunning granite bar in the lower rec room. Open-concept
Beautiful 3BR/2BA ranch in the Village of Summit! This well-maintained, like new home features a spacious kitchen with walk in pantry, cozy gas fireplace, and durable LVP flooring throughout. Functional mudroom with built-in lockers adds everyday convenience. Enjoy an active lifestyle in this beautiful subdivision offering 5 miles of scenic walking trails, a community pool, basketball and
There's no better place to experience the best of Lake Country living. At The Locklyn Apartments in Ocnomowoc, Wisconsin, you get easy access to all the places you love, plus the serenity of a community that makes you feel completely at home.
Home sweet home! Extremely rare opportunity to rent a brand new construction townhome in the desirable Olde Highlander community! Main level boasts a beautifully bright open concept floor plan w/ a generously sized Living Room great for hosting guests. Gorgeous chef's KIT has large center island & corner pantry plus first floor laundry for added convenience. Upstairs you'll find a dreamy primary
John MolitorKeller Williams Realty-Milwaukee North Shore
The Gateway Apartments offer the energy and convenience of downtown, coupled with the serenity and beauty of Lake Country. We are blocks to Lake Fowler and the beach. The Gateway is also only steps away from restaurants, shops, and entertainment. Enjoy the many concerts and festivals near Lac La Belle, and watch the parades, holiday lights, and Holiday Train from your balcony! Outside, The
Victorian Mansion - Close to Lac La Belle beach and easy walk to all of downtown Oconomowoc amenities. This one time stately mansion has been converted to 4 beautiful rental units. Available is this spacious Second floor unit with 2 Bedrooms, 2 full Baths . Kitchen with Stove, Refrigerator, , Home sits on a mature 1+ acre lot with many gardens and trees. Car parking in the large circle driveway.
Special deal on all remaining units! Receive one month free rent on all unit styles when you start a 12+ month lease by March 31st, 2026. *Restrictions apply, contact our team for details! Norden Range is a beautiful, no-compromise community designed to provide the highest quality of apartment living. Each residence is thoughtfully designed and detailed to support a homelike experience.
Live the dream lake lifestyle with a fantastic opportunity to rent a fully furnished home on Okauchee Lake. Not looking long term - short term rentals are allowed. This single-family home offers almost 2,000 square feet of living space, including a great room with fireplace that opens to the kitchen and dining area. There are three bedrooms on the main floor, including a primary suite complete
Jane DiChristopherMahler Sotheby's International Realty
Parkside offers 2 Bedroom Uppers and Lower Apartments. Storage Locker with Each Apartment. **Stove, Refrigerator, AC Unit**Coin Operated Washer/Dryer in Basement** Detached Garage -Selected Apartments Parking Lot No Pets or Visiting PetsGreat Community, Great Location. Nearby Downtown, Beach, and Roosevelt Park/Bike Trail 24 Hour After Hour Maintenance Emergency Office
Find your home at River Park Apartments in Oconomowoc, WI. You can walk just a few blocks to the beautiful nearby lake - Lac La Belle! Chaffee Road Park is also just one block away! Our community is perfectly located for those looking to live outside of the hustle and bustle of the city while maintaining an easy commute to and from work or school. River Park Apartments are perfect for those
Experience all the luxuries you desire at The Preserve at Prairie Creek Apartments in Oconomowoc. This pristine community in exclusive Lake Country is your place to call home. Our ideal location allows you to walk to grocery, specialty stores and restaurants for a truly carefree living experience.The Preserve at Prairie Creek offers spacious one, two and three-bedroom innovative floor plans which
Mandel Group is pleased to offer a tastefully designed apartment community, Hackney House, developed on the iconic Pabst Farms and strategically located just minutes from I-94, offering easy access to Milwaukee and Madison. Hackney House offers a suburban setting with instant access to community amenities, we are just steps from the YMCA, restaurants, coffee shops, grocery stores, and more. With
Nestled in the scenic landscape of Oconomowoc, Wisconsin, Lake Country Village Apartments offers a peaceful retreat with modern comforts and convenient access to shopping, dining, and major highways. Choose from spacious one, two, and three-bedroom floor plans featuring gourmet kitchens, granite countertops, and bright living areas with large windows and private balconies or patios. Enjoy
AVAILABLE OCTOBER 15TH. This spacious home located on Upper Nemahbin Lake is perfect for enjoy lake views; lake sports and an all-around Lake Country lifestyle. Walking distance to restaurants and shopping in downtown Delafield. EVERYTHING IS INCLUDED! Fully furnished. Free utilities & Wi-Fi. Has 4 bedrooms and 3 FULL bathrooms. A 2.5 car garage. Also a great rental if you're in-between homes.
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