Pewaukee, WI Real Estate

Pewaukee Homes

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.

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.

Amenities
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.

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.

History
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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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Asa Clark Middle School (Pewaukee) Pewaukee School District Public 398 15 ASA CLARK MIDDLE SCHOOL GreatSchools Rating
Horizon School (Pewaukee) Pewaukee School District Public 650 17 HORIZON SCHOOL GreatSchools Rating
Pewaukee High School (Pewaukee) Pewaukee School District Public 843 16 PEWAUKEE HIGH SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 25,365 406,801 5,852,878
Total Households 10,512 158,933 2,349,819
Total Families 6,933 113,516 1,516,725
Percent Male 49% 49% 50%
Percent Female 51% 51% 50%
White Collar Jobs 59% 58% 58%
Blue Collar Jobs 41% 42% 42%

Top Occupations

Professions Population Employed
Professional Services 3,878
Healthcare 2,164
Sales 1,748
Manufacturing 1,747
Maintenance 1,120
Management 980
Transportation 899
Construction 858
Information, Scientific and Technical 614
Food 596

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Education Attainment

  City County State
Some High School 282 7,569 224,571
High School Graduate 3,568 67,894 1,256,597
Some College 3,431 58,126 833,955
Associates Degree 1,776 27,255 410,260
Bachelors Degree 5,615 78,050 747,113
Graduate Degree 2,983 40,757 384,121

Education Attainment


Market Conditions
Market Conditions for Pewaukee - July 2020 | Shorewest Realtors®
July 2020

Market Conditions for Pewaukee

Median Sale Price Graph

Median Sale Price

The median sale price for homes in July was $380,000. The median sales price for homes in July rose by $57,600 compared to last month. This represents a 17.86% increase from June. Compared to the same month last year, the median price of homes rose by $136,100 representing a 55.8% 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 Graph

Homes for Sale

The inventory of homes for sale fell by 5 in July to 93. This represents 5.1% decrease from June when 98 homes were on the market. Compared to the same month last year when there were 112 homes for sale, the inventory of homes for sale has fallen by 19 representing a -16.96% 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 Graph

Homes Sold

The 49 homes sold in July was 23 more than in June. This represents a 88.46% increase in sales from June. Compared to the same month last year, the number of homes sold increased by 4, a 8.88% year-over-year increase.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in July (31) increased by 7 days compared to June. This represents a 29.16% 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 20, a -39.21% 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

Sale/List Price Ratio

The Sale/List Price Ratio of 99.22% in July rose by 0.22% compared to June and increased 0.98% 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 Graph

New Homes

The number of homes listed in July (44) fell by 8 compared to June, a 15.38% change. Compared to July 2019, the number of new listings decreased by 9, a -16.98% 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 Graph

Median List Price

The median list price in July was $339,900. The median list price for homes in July fell by ($17,550) compared to last month. This represents a 4.9% decrease from June. Compared to the same month last year, the median list price of homes decreased ($30,099) representing a -8.13% 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.




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