Village in Waukesha County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.
| Typical home value | $404,276 |
|---|---|
| 1-year change | +4.7% |
| 5-year change | +24.3% |
| Typical rent | not published |
The typical home in Pewaukee, Wisconsin is worth about $404,276 as of 2026-07-03, up 4.7% over the past year and up 24.3% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
By typical home value, the Village of Pewaukee is the second-least-expensive tracked municipality in Waukesha County — 26 of 27 — at $404,276 as of April 30, 2026. Set that against the county median of $534,102 and the gap is $129,826, the widest county discount in this batch of guides.
This is specifically the village's data. The typical village home is also priced about $51,558 under the seven-county Southeast Wisconsin regional median of $455,834.
Appreciation here has been the most gradual among nearby tracked markets' recent figures: 4.7% over the past year and 24.3% over five years. Steady, positive, and unhurried.
Every nearby tracked peer prices above the village. Big Bend is closest at $406,371 — a $2,095 difference — followed by the City of Waukesha at $425,391, Menomonee Falls at $443,289, and New Berlin at $460,241. Within this peer set, the village is the entry point.
The growth profile is worth reading carefully. A 24.3% five-year gain means a home typically worth about $325,000 in 2021 is worth $404,276 today. The most recent year contributed 4.7% of that — roughly $18,000 on a typical home — so momentum is present but muted compared with markets posting 8-10% annually elsewhere in the region.
No separate ZIP-level value series is tracked for the village, so the villagewide figure of $404,276 is the working benchmark for this market.
| Homes sold (arms-length, single-family) | 155 |
|---|---|
| Median sale price | $375,000 |
| Middle 50% of sales | $270,000 to $570,000 |
| Government-backed financing (FHA/VA/USDA) | 1.3% |
| Seller-financed | 0% |
Over the 12 months ending June 2026, 155 single-family homes sold in Pewaukee, Wisconsin in arms-length transactions, at a median price of $375,000. Half of those sales fell between $270,000 and $570,000. 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 Pewaukee is $404,276, while homes that actually changed hands had a median price of $375,000 — 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.
Buyers get the clearest version of the Waukesha County affordability trade here: the lowest typical value among the village's tracked peer group, $129,826 under the county median, with growth moderate enough (4.7% annually) that a few months of searching does not dramatically move the target. Homes priced near the $404,276 typical value will still draw the county's budget-conscious demand, so preparation matters even in a slower-growth market.
Sellers should anchor expectations to the 4.7% one-year trend rather than to headline county figures — the county median of $534,102 reflects much higher-priced municipalities and is not a comp for a village listing. The stronger selling angle is scarcity: within its tracked peer set, no nearby municipality offers a lower typical value, which keeps the buyer pool for well-presented village listings consistently supplied. Five-year owners are working from a 24.3% cumulative gain.
The village's downtown sits directly on Pewaukee Lake — a genuine beach, lakefront restaurants, and a main street that fills up on summer evenings. It's the closest thing Waukesha County has to a beach town.
Dates and details change year to year — check each event’s organizers for current schedules.
The typical home value in the Village of Pewaukee is $404,276 as of April 30, 2026.
No — it is one of the county's least expensive tracked markets. It ranks 26 of 27 municipalities by typical value, about $129,826 under the county median of $534,102.
Values rose 4.7% over the past year and 24.3% over the past five years as of April 30, 2026. Past performance does not guarantee future results.
The village's $404,276 typical value runs about $21,115 below the City of Waukesha ($425,391) and about $55,965 below New Berlin ($460,241).
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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 Pewaukee 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.