Why Live in Pewaukee
Pewaukee, WI, is a small city with a steadily increasing population, currently around 16,000. Known for its rural roots and Pewaukee Lake, the largest lake in Waukesha County, the city offers a variety of attractions including fishing, boating, and ice fishing in the winter. Lakefront Park hosts Waterfront Wednesdays, a popular concert series in June. Pewaukee also features year-round indoor recreation spots like K1 Speed and Sky Zone. The city has a diverse housing market, with options ranging from early 20th-century bungalows and Cape Cods to lakeside mansions and new traditional homes. The Pewaukee School District is highly rated, with a campus near the lake that serves both Pewaukee and the independent Village of Pewaukee. Waukesha County Technical College offers over 150 areas of study, including robotics and cyber security. Pewaukee's industrial parks house major employers like Harken, INC., and RumChata, while healthcare, social services, and retail are also significant employment sectors. Interstate 94 provides easy access to downtown Milwaukee, 17 miles east, and Milwaukee Mitchell International Airport, 23 miles southeast. Despite some flooding in marshy areas, Pewaukee experiences all four seasons with cold, snowy winters and beautiful springs. Property and violent crime rates have slightly increased but remain lower than national and state averages.
Home Trends in Pewaukee, WI
On average, homes in Pewaukee, WI sell after 44 days on the market compared to the national average of 70 days. The median sale price for homes in Pewaukee, WI over the last 12 months is $475,900, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$475,900
Median Single Family Sale Price
$575,425
Median 2 Bedroom Sale Price
$332,500
Median 1 Bedroom Sale Price
$244,900
Average Price Per Sq Ft
$277
Number of Homes for Sale
12
Last 12 months Home Sales
145
Median List Price
$425,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-13%