Lake Geneva, WI Real Estate

Lake Geneva, Wisconsin Real Estate

Lake Geneva, Wisconsin is a beautiful destination located in Southeastern Wisconsin. Just 10 miles north of the Illinois state line, the city of Lake Geneva is conveniently located between Chicago and Milwaukee. The city’s main attraction, Geneva Lake, is a hub for business and social activity in the area. The lake is one of the few developed lakes in the United States with a public path along the shore for the entire distance along the lake. The Lake Shore Path is approximately 23 miles long.

Lake Geneva was recognized as one of a Dozen Distinctive Destinations by the National Trust for Historic Preservation.

To find real estate for sale in Lake Geneva, click here.

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A community of such standing must surely host an abundance of social activities in which to partake. Indeed it does. Lake Geneva has beach areas offering parasailing, boating, lake cruises, fishing, watersports and schools for watersports. It also has twenty golf courses, adventure parks offering ziplining and climbing towers, an all-season waterpark resort, horse carriage ride services, and many orchards and wineries.

Those with a taste for the arts attend the Lake Geneva Symphony Orchestra or one of the 10 fine art galleries. For a more laid-back setting, residents find their way to one of the many outdoor concerts, barn dances, traditional Native American “Pow Wows,” the local Dancing Horse Theatre (yes, a horse theatre), or the famous Venetian Festival.

Some of the festivals native to Lake Geneva are Geneva National – the area’s Fourth of July celebration, the Great Electric Children’s Christmas Parade, the Winter Fest and International Ice Sculpting Competition, and Eco Fair 360 – an event just miles away showcasing the people and companies that are making green happen in Southeastern Wisconsin and Northeastern Illinois.

Like looking at the stars? Lake Geneva is home to the world’s largest refracting telescope located at Yerkes Observatory.

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The ancient Oneota tribes of the lost Hopewell Culture Indians lived in Lake Geneva as long ago as 1000 B.C. Descendants of this tribe lived in the area until 1836, when the United States Army relocated them to Kansas. The Indians had called the area Kish-Way-Kee-Tow, meaning clear water.
John Brink, a government surveyor, named the lake after the lake in his hometown in Geneva, New York. Prior to the Civil War, Lake Geneva was an area en route for slaves to escape Southern Illinois and Eastern Kentucky. Post Civil War, the town became a resort for the wealthy Chicago families. The Chicago Fire of 1871 caused many Chicago families to move to their summer homes on the lake while the city was being rebuilt.

After Lake Geneva began to develop, immigrant settlers from New England and New York flooded into town.

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Lake Geneva properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Central - Denison Elementary School (Lake Geneva) Lake Geneva J1 School District public 716 Not Provided Central - Denison Elementary School GreatSchools Rating
Eastview Elementary School (Lake Geneva) Lake Geneva J1 School District public 297 Not Provided Eastview Elementary School GreatSchools Rating
Star Center Elementary School (Lake Geneva) Lake Geneva J1 School District public 408 Not Provided Star Center Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
First Lutheran School (Lake Geneva) private 54 Not Provided First Lutheran School GreatSchools Rating
Lake Geneva Middle School (Lake Geneva) Lake Geneva J1 School District public 736 Not Provided Lake Geneva Middle School GreatSchools Rating
Mount Zion Christian School (Lake Geneva) private 56 Not Provided Mount Zion Christian School GreatSchools Rating
Reek Elementary School (Lake Geneva) Linn J6 School District public 120 Not Provided Reek Elementary School GreatSchools Rating
St Francis De Sales School (Lake Geneva) private 146 Not Provided St Francis De Sales School GreatSchools Rating
Traver Elementary School (Lake Geneva) Linn J4 School District public 112 Not Provided Traver Elementary School GreatSchools Rating
Woods Elementary School (Lake Geneva) Geneva J4 School District public 216 Not Provided Woods Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Badger High School (Lake Geneva) Lake Geneva-Genoa City Uhs School District public 1466 Not Provided Badger High School GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 16,992 103,982 5,742,119
Total Households 6,777 39,310 2,299,100
Total Families 4,374 25,602 1,469,281
Population Density 216 4,861 446,124
Percent Male 49% 50% 50%
Percent Female 51% 50% 50%
White Collar Jobs 60% 58% 56%
Blue Collar Jobs 40% 42% 44%

Top Occupations

Professions Population Employed
Healthcare 1,617
Manufacturing 1,438
Transportation 1,311
Retail 1,209
Sales 1,202
Arts and Media 1,091
Education 863
Management 806
Information, Scientific and Technical 760
Construction 611

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income with Head of House hold under age of 25

Household Income with Head of House Hold between the ages of 25 and 44

Household Income with Head of House Hold between the ages of 45 and 64

Household Income with Head of Household over the age of 65

Housing Demographics

  City County State
Total Housing Units 10,321 51,444 2,641,602
Owner Occupied Housing Units 4,558 26,450 1,547,197
Renter Occupied Housing Units 2,179 12,921 751,903
Vacant Housing Units 3,584 12,073 342,513
Occupancy Rate 65% 77% 87%
Vehicles Per Housing Unit 2 25 1,563

Commute Time To Work

  City County State
Less than 5 minutes 435 2,421 124,926
5 - 14 minutes 2,695 9,464 373,167
15 - 29 minutes 2,326 8,518 449,194
30 - 44 minutes 797 4,493 290,707
45-59 minutes 546 4,027 152,657
Over 60 minutes 992 3,481 85,912

Total Housing Units

Housing By Occupant

Commute Time To Work

Monthly Rental Rates

Monthly Mortgage Costs

Age of Homeowners

Education Attainment

  City County State
Some High School 1,283 6,650 347,427
High School Graduate 3,454 20,901 1,239,522
Some College 2,534 14,858 817,979
Associates Degree 941 6,019 390,482
Bachelors Degree 2,223 11,278 713,854
Graduate Degree 1,404 5,118 261,932

Education Attainment


Market Conditions

Market Conditions for Lake Geneva

October 2017

Median Sale Price
$160,000

 DOWN -28.25%
vs. Month Ago
Homes for Sale


  %
vs. Month Ago
Homes Sold
9

 DOWN -10.00%
vs. Month Ago
Avg Days on Market
132

 UP 11.86%
vs. Month Ago

Median Sale Price

The median sale price for homes in October was $160,000. The median sales price for homes in October fell by ($63,000) compared to last month. This represents a 28.25% decrease from September. Compared to the same month last year, the median price of homes fell by ($16,750) representing a -9.47% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale

The inventory of homes for sale remained level in October to . Compared to the same month last year when there were homes for sale, the inventory of homes for sale has did not change representing a % year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold

The inventory of homes for sale remained level in October to . Compared to the same month last year when there were homes for sale, the inventory of homes for sale has did not change representing a % year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Avg Days on Market

The average days on market for a home sold in October (132) increased by 14 days compared to September. This represents a 11.86% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 3, a -2.22% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

The Sale/List Price Ratio of 91.67% in October fell by 3.76% compared to September and increased 2.59% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes

The number of homes listed in October (12) rose by 1 compared to September, a 9.09% change. Compared to October 2016, the number of new listings decreased by 3, a -20% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Homes

The median list price in October was $212,000. The median list price for homes in October rose by $17,000 compared to last month. This represents a 8.71% increase from September. Compared to the same month last year, the median list price of homes decreased ($37,000) representing a -14.85% year-over-year decrease.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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