Pewaukee, Wisconsin Housing Market Prices
Pewaukee Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 38% above the Wisconsin median$235,437
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Median rent 27% above the Wisconsin median$1,378
Housing Market Overview
| Metric | Pewaukee | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $235,437 | $170,479 | $248,835 |
| Price Trend (Annual %) | 9.3% | 4.2% | 7.5% |
| Median Gross Rent | $1,378 | $1,087 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Pewaukee is about 38% higher than in Wisconsin. Rent is about 27% higher than the Wisconsin average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Pewaukee, up about 9.3% and 4.3% a year respectively. Home prices are changing faster.
Median rent in Pewaukee rose about 37.0% between 2015 and 2024, from $1,006 to $1,378. Over the same span, rent in Wisconsin rose about 40.2%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Pewaukee.
Buying the median-priced home in Pewaukee costs roughly 14.2 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Pewaukee. The price-to-rent ratio in Wisconsin is about 13.1.
| Metric | Pewaukee | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $235,437 | $170,479 | $248,835 |
| Median Household Income | $93,614 | $77,698 | $80,455 |
| Price-to-Income Ratio | 2.5 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Pewaukee rose about 51.4%, while median household income rose about 33.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Pewaukee | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.4% | 60.5% | 58.5% |
| Rental Rate | 27.1% | 28.7% | 31.2% |
| Vacancy Rate | 3.5% | 10.8% | 10.2% |
| Median Tenure (years) | 13.0 | 16.0 | 15.0 |
| Median Year Moved In | 2013 | 2010 | 2011 |
Pewaukee has a homeownership rate of 69.4%, higher than the Wisconsin average of 60.5%. Its housing vacancy rate is 3.5%, compared with 10.8% in Wisconsin.
Housing Stock
| Metric | Pewaukee | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.22 people | 2.33 people | 2.53 people |
| Median Structure Built Year | 1991 | 1974 | 1978 |
| Median Number of Rooms | 5.9 | 5.6 | 5.5 |
The typical housing unit in Pewaukee was built around 1991. On average, 2.2 people live in a home with about 5.9 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Pewaukee, Wisconsin.
What is the median home price in Pewaukee, Wisconsin?
The median home price in Pewaukee, Wisconsin is $235,437, higher than the Wisconsin average of $170,479.
What is the average home price in Pewaukee, Wisconsin?
The typical home price in Pewaukee, Wisconsin, reported as the median sale price, is $235,437. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Pewaukee, Wisconsin?
The median gross rent in Pewaukee, Wisconsin is $1,378 per month, higher than the Wisconsin average of $1,087.
What was the median gross rent in Pewaukee in 2020?
In 2020, the median gross rent in Pewaukee, Wisconsin was $1,105 per month.
What is the price-to-rent ratio in Pewaukee, Wisconsin?
The price-to-rent ratio in Pewaukee, Wisconsin is about 14.2, meaning it would take roughly 14.2 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Pewaukee.
Are home prices or rent rising faster in Pewaukee, Wisconsin?
Both home prices and rent are rising in Pewaukee, up about 9.3% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Pewaukee, Wisconsin?
69.4% of households in Pewaukee, Wisconsin own their home, higher than the Wisconsin average of 60.5%.
What is the vacancy rate in Pewaukee, Wisconsin?
The housing vacancy rate in Pewaukee, Wisconsin is 3.5%, lower than the Wisconsin average of 10.8%.
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