Pewaukee, WI Real Estate

Pewaukee is known as the “the City in the Country,” because it offers a small town feel with big city amenities to its visitors and residents. Located on the shores of Pewaukee Lake, the city is a water sports enthusiast’s paradise. Fishing, boating, waterskiing and swimming are a few of the activities to take pleasure in during the warmer months. During the winter season, ice shanties are scattered across the lake with fishermen attempting to retrieve one of the well-known trophy fish. Living in Pewaukee gives residents the resources to bask in the beauty of Lake Country living and displays restored architecture throughout the city.

To find properties for sale in Pewaukee, click here.

Real Estate
Pewaukee offers a variety of housing opportunities to people looking to settle in a quaint and friendly atmosphere. The housing market offers historic framed and newly constructed homes for first-time homebuyers or families looking for a beautiful environment. There are secluded homes in subdivisions with private settings as well as two-bedroom lake Cottages. Grand and glorious lake living is available at its finest.

School District
The Pewaukee K-12 grade school district provides a family-friendly environment that allows for personal attention, and exceptional programs. Assessment scores for the district have continually been in the top ten percent for Southeastern Wisconsin.

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Check out the many activities and festivals the area has to offer for fun and entertainment. Pewaukee hosts many events for the family including Waterfront Wednesday’s, Taste of Lake County, Cinema in the Sand and more.

Enjoy Pewaukee Lake which is available for a wide variety of water sports such as fishing, swimming and sailing. Pewaukee Lake distinguishes itself as the only Class A Muskie Lake in the county; because numerous trophy fish are caught every year.

Fine dining and casual restaurants surround the lake, which provides residents with a waterfront view while dining. Enjoy a classic hamburger, or exotic cuisine on the shores of the Pewaukee Lake.

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The meaning of Pewaukee is “the dusty water,” or “lake of shells” in Potawatomi. Pewaukee was approved as a separate town on January 13, 1840 by an act of the Wisconsin Territorial Legislature. The town eventually became a village and was then incorporated as a city in 1999.

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Pewaukee properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Apple Ridge Academy (Pewaukee) private 120 Not Provided Apple Ridge Academy GreatSchools Rating
Banting Elementary School (Waukesha) Waukesha School District public 498 Not Provided Banting Elementary School GreatSchools Rating
Bethesda Elementary School (Waukesha) Waukesha School District public 424 Not Provided Bethesda Elementary School GreatSchools Rating
Blair Elementary School (Waukesha) Waukesha School District public 421 Not Provided Blair Elementary School GreatSchools Rating
Brookfield Elementary School (Brookfield) Elmbrook School District public 543 Not Provided Brookfield Elementary School GreatSchools Rating
Burleigh Elementary School (Brookfield) Elmbrook School District public 667 Not Provided Burleigh Elementary School GreatSchools Rating
Dixon Elementary School (Brookfield) Elmbrook School District public 388 Not Provided Dixon Elementary School GreatSchools Rating
Hadfield Elementary School (Waukesha) Waukesha School District public 342 Not Provided Hadfield Elementary School GreatSchools Rating
Hawthorne Elementary School (Waukesha) Waukesha School District public 286 Not Provided Hawthorne Elementary School GreatSchools Rating
Heyer Elementary School (Waukesha) Waukesha School District public 447 Not Provided Heyer Elementary School GreatSchools Rating
Hillcrest Elementary School (Waukesha) Waukesha School District public 356 Not Provided Hillcrest Elementary School GreatSchools Rating
Horizon School (Pewaukee) Pewaukee School District public 624 Not Provided Horizon School GreatSchools Rating
Lannon Elementary School (Lannon) Hamilton School District public 276 Not Provided Lannon Elementary School GreatSchools Rating
Lowell Elementary School (Waukesha) Waukesha School District public 298 Not Provided Lowell Elementary School GreatSchools Rating
Maple Avenue Elementary School (Sussex) Hamilton School District public 463 Not Provided Maple Avenue Elementary School GreatSchools Rating
Marcy Elementary School (Menomonee Falls) Hamilton School District public 574 Not Provided Marcy Elementary School GreatSchools Rating
Meadowbrook Elementary School (Waukesha) Waukesha School District public 299 Not Provided Meadowbrook Elementary School GreatSchools Rating
Pewaukee Lake Elementary School (Pewaukee) Pewaukee School District public 951 Not Provided Pewaukee Lake Elementary School GreatSchools Rating
Prairie Elementary School (Waukesha) Waukesha School District public 379 Not Provided Prairie Elementary School GreatSchools Rating
Rose Glen Elementary School (Waukesha) Waukesha School District public 498 Not Provided Rose Glen Elementary School GreatSchools Rating
Summit View Elementary School (Waukesha) Waukesha School District public 562 Not Provided Summit View Elementary School GreatSchools Rating
Swanson Elementary School (Brookfield) Elmbrook School District public 711 Not Provided Swanson Elementary School GreatSchools Rating
Tonawanda Elementary School (Elm Grove) Elmbrook School District public 376 Not Provided Tonawanda Elementary School GreatSchools Rating
Whittier Elementary School (Waukesha) Waukesha School District public 300 Not Provided Whittier Elementary School GreatSchools Rating
Woodside Elementary School (Sussex) Hamilton School District public 644 Not Provided Woodside Elementary School GreatSchools Rating
eAchieve Elementary (Waukesha) Waukesha School District charter 40 Not Provided eAchieve Elementary GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Asa Clark Middle School (Pewaukee) Pewaukee School District public 414 Not Provided Asa Clark Middle School GreatSchools Rating
Butler Middle School (Waukesha) Waukesha School District public 942 Not Provided Butler Middle School GreatSchools Rating
Central Middle School (Waukesha) Waukesha School District public 613 Not Provided Central Middle School GreatSchools Rating
Horning Middle School (Waukesha) Waukesha School District public 764 Not Provided Horning Middle School GreatSchools Rating
Pilgrim Park Middle School (Elm Grove) Elmbrook School District public 793 Not Provided Pilgrim Park Middle School GreatSchools Rating
Prairie Hill Waldorf School (Pewaukee) private 137 Not Provided Prairie Hill Waldorf School GreatSchools Rating
Queen Of Apostles Elementary School (Pewaukee) private 140 Not Provided Queen Of Apostles Elementary School GreatSchools Rating
St Anthony Grade School (Pewaukee) private 207 Not Provided St Anthony Grade School GreatSchools Rating
Templeton Middle School (Sussex) Hamilton School District public 1054 Not Provided Templeton Middle School GreatSchools Rating
Waukesha Stem Academy (Waukesha) Waukesha School District charter 832 Not Provided Waukesha Stem Academy GreatSchools Rating
Wisconsin Hills Middle School (Brookfield) Elmbrook School District public 865 Not Provided Wisconsin Hills Middle School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Brookfield Central High School (Brookfield) Elmbrook School District public 1313 Not Provided Brookfield Central High School GreatSchools Rating
East High School (Brookfield) Elmbrook School District public 1259 Not Provided East High School GreatSchools Rating
Fairview South (Brookfield) Elmbrook School District public 22 Not Provided Fairview South GreatSchools Rating
Hamilton High School (Sussex) Hamilton School District public 1405 Not Provided Hamilton High School GreatSchools Rating
Harvey Philip Alternative Charter School (Waukesha) Waukesha School District charter 97 Not Provided Harvey Philip Alternative Charter School GreatSchools Rating
North High School (Waukesha) Waukesha School District public 1122 Not Provided North High School GreatSchools Rating
Pewaukee High School (Pewaukee) Pewaukee School District public 814 Not Provided Pewaukee High School GreatSchools Rating
South High School (Waukesha) Waukesha School District public 1053 Not Provided South High School GreatSchools Rating
Trinity Academy (Pewaukee) private 0 Not Provided Trinity Academy GreatSchools Rating
Waukesha Academy Of Health Professions (Waukesha) Waukesha School District charter 195 Not Provided Waukesha Academy Of Health Professions GreatSchools Rating
Waukesha Engineering Preparatory Academy (Waukesha) Waukesha School District charter 122 Not Provided Waukesha Engineering Preparatory Academy GreatSchools Rating
Waukesha Transition Academy (Waukesha) Waukesha School District public 41 Not Provided Waukesha Transition Academy GreatSchools Rating
West High School (Waukesha) Waukesha School District public 1227 Not Provided West High School GreatSchools Rating
eAchieve Academy Wisconsin (Waukesha) Waukesha School District charter 700 Not Provided eAchieve Academy Wisconsin GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 25,046 398,843 5,742,119
Total Households 10,480 156,956 2,299,100
Total Families 6,817 109,835 1,469,281
Population Density 740 25,063 446,124
Percent Male 49% 49% 50%
Percent Female 51% 51% 50%
White Collar Jobs 77% 73% 56%
Blue Collar Jobs 23% 27% 44%

Top Occupations

Professions Population Employed
Management 2,916
Healthcare 2,749
Manufacturing 2,717
Information, Scientific and Technical 2,054
Retail 1,997
Sales 1,979
Professional Services 1,408
Education 1,340
Transportation 1,267
Arts and Media 1,076

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 11,012 164,151 2,641,602
Owner Occupied Housing Units 7,543 119,865 1,547,197
Renter Occupied Housing Units 2,937 37,036 751,903
Vacant Housing Units 531 7,253 342,513
Occupancy Rate 95% 96% 87%
Vehicles Per Housing Unit 2 56 1,563

Commute Time To Work

  City County State
Less than 5 minutes 370 5,607 124,926
5 - 14 minutes 2,948 20,201 373,495
15 - 29 minutes 5,372 33,240 451,206
30 - 44 minutes 2,519 28,606 291,254
45-59 minutes 896 13,643 152,657
Over 60 minutes 361 5,502 85,705

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 434 12,040 347,427
High School Graduate 3,717 67,861 1,239,522
Some College 3,417 57,592 817,979
Associates Degree 1,585 26,576 390,482
Bachelors Degree 5,389 76,034 713,854
Graduate Degree 2,987 28,618 262,371

Education Attainment


Market Conditions

Market Conditions for Pewaukee

January 2018

Median Sale Price
$289,500

 UP 28.66%
vs. Month Ago
Homes for Sale
97

 UP 1.04%
vs. Month Ago
Homes Sold
20

 DOWN -13.04%
vs. Month Ago
Avg Days on Market
101

 UP 32.89%
vs. Month Ago

Median Sale Price

The median sale price for homes in January was $289,500. The median sales price for homes in January rose by $64,500 compared to last month. This represents a 28.66% increase from December. Compared to the same month last year, the median price of homes rose by $34,250 representing a 13.41% 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 rose by 1 in January to 97. This represents 1.04% increase from December when 96 homes were on the market. Compared to the same month last year when there were 101 homes for sale, the inventory of homes for sale has fallen by 4 representing a -3.96% 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 rose by 1 in January to 97. This represents 1.04% increase from December when 96 homes were on the market. Compared to the same month last year when there were 101 homes for sale, the inventory of homes for sale has fallen by 4 representing a -3.96% 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 January (101) increased by 25 days compared to December. This represents a 32.89% 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 increased by 33, a 48.52% 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 97.42% in January fell by 0.82% compared to December and increased 2.76% 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 January (33) fell by 4 compared to December, a 10.81% change. Compared to January 2017, the number of new listings increased by 4, a 13.79% 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 January was $269,900. The median list price for homes in January fell by ($10,000) compared to last month. This represents a 3.57% decrease from December. Compared to the same month last year, the median list price of homes decreased ($40,000) representing a -12.9% 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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