Home values, rents and more in Oconomowoc, WI
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Oconomowoc in ProMap- Under $450k
- $450k–$560k
- $560k–$680k
- $680k–$710k
- $710k+
- No data
How Oconomowoc compares
The typical home in Oconomowoc, WI is worth about $550,000, according to the Zillow Home Value Index for September 2026. Home values in Oconomowoc are 43% above the typical value in the Milwaukee metro area ($384,000) and 1.5 times the U.S. typical value ($366,000).
Over the past year, home values in Oconomowoc rose 6.3%, compared with +5.3% in the Milwaukee metro area and +1.2% nationally.
Typical rent is $1,891 a month (Zillow Observed Rent Index), 22% above the Milwaukee metro area ($1,549) and about the same as the U.S. ($1,932). Rents rose 4.4% over the past year.
The median household income is $106,425, against $78,218 in the Milwaukee metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 19,080 people live in Oconomowoc (American Community Survey 2020–24).
Oconomowoc has the 21st-highest typical home value of the 68 cities in the Milwaukee metro area and the 37th-highest of 690 in Wisconsin with Zillow figures.
Part of: Waukesha County, WI · Milwaukee metro area · Wisconsin
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Oconomowoc, WI
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.