Village in Kenosha County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.
| Typical home value | $327,001 |
|---|---|
| 1-year change | +4.4% |
| 5-year change | +41.6% |
| Typical rent | not published |
The typical home in Paddock Lake, Wisconsin is worth about $327,001 as of 2026-07-03, up 4.4% over the past year and up 41.6% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
Five-year growth of 41.6% is the number that defines Paddock Lake. A home tracking the village's typical value gained roughly $96,000 since 2021, bringing the typical home value to $327,001 as of April 30, 2026. The most recent year added another 4.4%.
Despite that run, Paddock Lake remains one of Kenosha County's least expensive markets. It ranks 10th of 11 municipalities by typical value, and its $327,001 figure sits $123,256 below the county median of $450,257 — about 27% under. The seven-county regional median of $455,834 is further above still.
The combination is unusual: a market that has appreciated faster than most while staying near the bottom of its county's price ladder. That gap is the core story for both buyers and sellers here.
Paddock Lake's $327,001 typical value slots between the city of Kenosha ($284,010) below it and a cluster of western Kenosha County villages above it: Salem Lakes at $374,483, Somers at $392,072, and Twin Lakes at $408,283. Buyers priced out of those villages will find Paddock Lake $47,000 to $81,000 cheaper by typical value.
Growth has moderated from its five-year pace. The 41.6% cumulative gain works out to well above the 4.4% posted in the most recent year, which suggests the steepest appreciation came earlier in the five-year window. A 4.4% annual gain is still positive and meaningful — but it is a different market than the one that produced the five-year number, and past growth does not guarantee future results.
| Homes sold (arms-length, single-family) | 80 |
|---|---|
| Median sale price | $303,500 |
| Middle 50% of sales | $230,000 to $399,925 |
| Government-backed financing (FHA/VA/USDA) | 6.3% |
| Seller-financed | 0% |
Over the 12 months ending June 2026, 80 single-family homes sold in Paddock Lake, Wisconsin in arms-length transactions, at a median price of $303,500. Half of those sales fell between $230,000 and $399,925. 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 Paddock Lake is $327,001, while homes that actually changed hands had a median price of $303,500 — a difference of -7.2%. 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.
For buyers: Paddock Lake is the second-least expensive municipality in Kenosha County by typical value, at $327,001. That is $123,256 under the county median and $47,482 under neighboring Salem Lakes. The trade-off is that the discount has been shrinking — 41.6% appreciation in five years means waiting has been expensive here. Budget against the current 4.4% annual pace rather than assuming prices will retreat.
For sellers: the five-year math is strongly in your favor. An owner who bought near the typical value in 2021 is sitting on roughly $96,000 of appreciation. The 4.4% one-year figure indicates continued, if slower, gains through April 2026. Because Paddock Lake prices well below Somers, Twin Lakes, and Salem Lakes, listings here compete on value against those markets — comps should be drawn locally, not from the higher-priced villages nearby.
Paddock Lake is a compact village wrapped around its namesake lake, with Old Settlers County Park at the water's edge along Highway 50. The Highway 50 strip carries the village's everyday shopping and makes a straight shot east to I-94 and Kenosha or west toward Twin Lakes and the Lake Geneva area.
Dates and details change year to year — check each event’s organizers for current schedules.
The typical home value in Paddock Lake is $327,001 as of April 30, 2026, up 4.4% over the past year.
Paddock Lake home values are up 41.6% over the past five years and 4.4% over the past year. Most of the five-year gain came before the most recent year.
Yes. Paddock Lake ranks 10th of 11 Kenosha County municipalities by typical value. At $327,001, it is below Salem Lakes ($374,483), Somers ($392,072), and Twin Lakes ($408,283), and $123,256 below the county median of $450,257.
Among nearby comparison markets in the data, the city of Kenosha has a lower typical value at $284,010, about $43,000 below Paddock Lake.
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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 Paddock Lake and Milwaukee — a five-question checklist
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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.