City in Walworth County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.
| Typical home value | $419,961 |
|---|---|
| 1-year change | +4.8% |
| 5-year change | +33.5% |
| Typical rent | not published |
The typical home in Lake Geneva, Wisconsin is worth about $419,961 as of 2026-07-03, up 4.8% over the past year and up 33.5% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
The city of Lake Geneva costs less than the county around it. As of April 2026, the typical home in the city is worth $419,961, while the Walworth County median is $446,069 — a gap of about $26,000. The city ranks 13th of 21 municipalities in its county by typical value.
The ZIP-level data sharpens that picture. ZIP 53147, which reaches beyond city limits, carries a $455,685 typical value — roughly $36,000 above the city figure. In other words, the broader Lake Geneva area prices higher than the city proper.
Growth has been solid on both horizons: 4.8% over the past year and 33.5% over five years. Relative to the seven-county Southeast Wisconsin region median of $455,834, the city prices about $36,000 lower.
A mid-pack county rank of 13 of 21 puts Lake Geneva below several of its own surrounding towns. The town of Richmond matches the county median at $446,069 and the town of Lyons runs $441,906 — both above the city — while the village of Walworth ($407,460) and the town of Sugar Creek ($388,618) come in lower.
The $35,724 spread between ZIP 53147 ($455,685) and the city's $419,961 typical value is the key structural fact in this market. A search filtered to the ZIP code and a search filtered to the city boundary will return different price expectations, and both are correct for their own geography.
The five-year gain of 33.5% translates to substantial appreciation since 2021, with the most recent year's 4.8% pace running somewhat below that longer-run average. Rent data for the city is not available in this dataset.
| ZIP code | Typical home value | 1-year change | Typical rent |
|---|---|---|---|
| 53147 | $455,685 | +5.2% | — |
| Homes sold (arms-length, single-family) | 301 |
|---|---|
| Median sale price | $445,158 |
| Middle 50% of sales | $265,000 to $587,726 |
| Government-backed financing (FHA/VA/USDA) | 0.3% |
| Seller-financed | 0.7% |
Over the 12 months ending June 2026, 301 single-family homes sold in Lake Geneva, Wisconsin in arms-length transactions, at a median price of $445,158. Half of those sales fell between $265,000 and $587,726. Source: Wisconsin Department of Revenue real estate transfer returns, compiled by Sawar Homes — every recorded sale, including for-sale-by-owner and builder-direct transactions that never appear in the MLS.
Zillow’s typical-home-value estimate for Lake Geneva is $419,961, while homes that actually changed hands had a median price of $445,158 — a difference of +6%. These measure different things, and neither is wrong: the index estimates the value of every home whether or not it sold, while the sale figure reflects only the homes that changed hands, which usually skew toward the more affordable end of the market.
Buyers: know which geography you are pricing. The typical city home runs $419,961, but the surrounding 53147 ZIP averages $455,685 — set a budget for the wrong boundary and you will be about $36,000 off. Sugar Creek ($388,618) and the village of Walworth ($407,460) offer lower typical values nearby if the city number stretches the budget. A 33.5% five-year run is a record of the past, not a promise about the future.
Sellers: a city listing competes against a wider area that prices higher, which cuts both ways — buyers drawn to the 53147 area may find the city itself a relative value, while comps pulled from outside city limits can overstate what city-boundary sales support. With one-year growth at 4.8%, recent closed sales inside the correct boundary are the pricing anchor.
Lake Geneva has been southern Wisconsin's resort town since the 1870s, when Chicago families began building summer estates on the shoreline — today a 21-mile public shore path past those historic estates, a busy boat-tour harbor, and a downtown built for strolling in every season.
Dates and details change year to year — check each event’s organizers for current schedules.
The typical home value in the city of Lake Geneva is $419,961 as of April 2026. The wider 53147 ZIP code, which extends beyond city limits, averages $455,685.
The city itself is not. Its $419,961 typical value is about $26,000 below the Walworth County median of $446,069, and it ranks 13th of 21 municipalities in the county.
Values rose 4.8% over the past year and 33.5% over the past five years through April 2026. Past appreciation does not guarantee future results.
ZIP 53147 carries a typical home value of $455,685 — about $36,000 above the city of Lake Geneva's $419,961, because the ZIP covers area outside city limits.
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Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®, serving Milwaukee and Southeast Wisconsin (Milwaukee, Waukesha, Ozaukee, Washington, Racine, Kenosha, and Walworth counties). Email: [email protected] · Phone: (618) 713-2964.
How to choose a real estate agent in Lake Geneva and Milwaukee — a five-question checklist
Get a free Lake Geneva home valuation · Contact Kinan Sawar
Home values and rents are Zillow ZHVI/ZORI estimates for the named area, as of 2026-07-03; incomes and population are U.S. Census (SAIPE, Population Estimates); migration is IRS Statistics of Income. Area-level statistical estimates for information only — not an appraisal, and not financial, legal, or tax advice.