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The median home value in Oconomowoc, WI is $559,247 as of 2026-07-31, up 6.05% from a year earlier.
Median Home Value
$559,247
Year-over-Year
+6.05%
Population
18,830
Oconomowoc ranks #14 of 124 Wisconsin cities tracked here by median home value, and sits 59.1% above the state's city median of $351,517. It sits in Waukesha County, where the county-wide median is $512,586.
Median household income in Oconomowoc is $106,425, so the typical home value is about 5.3× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Oconomowoc police recorded a violent crime rate of 16 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 308 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Oconomowoc, that value is $559,247. That's up 6.05% from a year earlier. It is about 59.1% above the typical Wisconsin city tracked here.
Homes in Oconomowoc are more expensive than Waukesha County as a whole, where the median is $512,586 — a difference of about 9.1%.
Median household income here is $106,425, so the typical home value is about 5.3× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Oconomowoc police reported 16 violent crimes per 100,000 residents, covering a population of about 18,830. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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