Oconomowoc Real Estate Stats
| Average Price | $678K |
|---|---|
| Lowest Price | $200K |
| Highest Price | $2.5M |
| Total Listings | 99 |
| Avg. Days On Market | 49 |
| Avg. Price/SQFT | $312 |
Property Types (active listings)
Search Active Oconomowoc, WI Real Estate & MLS® Listings Below
- All Listings
- $100,000 - $200,000
- $200,000 - $300,000
- $300,000 - $400,000
- $400,000 - $500,000
- $500,000 - $600,000
- $600,000 - $700,000
- $700,000 - $800,000
- $800,000 - $900,000
- $900,000 - $1,000,000
- Over $1,000,000
More About the Oconomowoc Real Estate Market
Oconomowoc, a close-knit community with a population of 13,700, is centrally located between Milwaukee and Madison in what is known as the "Lake Country Area." The name "Oconomowoc" is Native American and means "where the waters meet."
Oconomowoc features several recreational lakes including: Oconomowoc Lakes, Okauchee Lake, Lac La Belle, Fowler Lake, Silver Lake, Upper and Lower Nashotah Lakes, Upper and Lower Nemahbin Lakes, Ashippun Lake, and Lower, Middle, and Upper Genesee Lakes.
Contact Lake Country Listings for more information about beautiful beach real estate and luxurious homes in Oconomowoc.
History of Oconomowoc, WI
Oconomowoc was incorporated as a city in 1865. Following the arrival of the railroad, Oconomowoc became a favorite summer retreat of tourists and wealthy resorters from Chicago, Milwaukee, St. Louis and other Midwestern cities. Some of the nation's wealthiest families built stately summer homes on lakes, and by the 1880s Oconomowoc featured six luxury resorts and magnificent beach real estate. From the 1870's until the Great Depression, Oconomowoc was known as the "Newport of the West," and visits by Presidents Cleveland, Harrison, Grant, Taft, Collidge, McKinley and Theodore Roosevelt earned Main Street the nickname "Avenue of the Presidents." The city gained notoriety again in 1939 with the movie premier of "The Wizard of Oz."
The historic residents founded prominent businesses, such as the Carnation Company, now Outlook Foods, the Oconomowoc Canning Company and of course Pabst Farms which was the former rural retreat of the legendary brewer and internationally known for its purebred livestock. Now Pabst Farms is a premier master planned community set on 1,500 acres located at the intersection of I-94 and Highway 67 that features luxury homes, condominiums, shops, offices, entertainment venues, parks, civic facilities, and a technology/research park.
Oconomowoc Community Information
Service businesses provide just under a third of the jobs within a five-mile radius of downtown Oconomowoc. Health care providers based in Oconomowoc are among the major service businesses. Oconomowoc is home to state-of-the-art hospitals like the new Aurora Summit Hospital as well as Pro Health Care’s Oconomowoc Memorial. Manufacturers are the Oconomowoc area's second largest employer. Many businesses have located in one of the four industrial/business parks in the Oconomowoc area. Encompassing a total of 293 acres, the parks feature complete infrastructure and ready access to transportation. Oconomowoc’s geographic location allows for easy transportation access for local businesses and the national and regional distribution centers like Roundy’s Foods and Target.
The Oconomowoc Area School District (OASD) offers well-rounded core curriculums; OASD schools offer a variety of special programming, from enrichment courses to vocation training. OASD has about 4,100 students enrolled and they score above the national averages on the ACT test, and the high school graduation rate is almost 98 percent. In its mission to develop lifelong learners and productive members of the community, the school district is committed to continuously evaluating and improving its programs and facilities. They recently completed the addition of two brand new intermediate schools as well as an addition to the high school that features a gorgeous new auditorium and athletic center.
Oconomowoc residents can enjoy a number of activities all of the area lakes have to offer. Whether it’s boating, water-skiiing, kayaking, swimming, fishing, or even ice fishing and ice skating, there is something for everyone. Lake living is a big part of "Lake Country." Oconomowoc is known for its parades. The Oconomowoc community loves to celebrate so you’ll see parades for OHS homecoming, Independence Day, Memorial Day, and Christmas. The Independence Day celebrations include fireworks displays on nearly every area lake. The Festival of the Arts is a juried art show held on the shores of Fowler Lake in the park that draws superb artists from around the nation. Oconomowoc has several area golf courses and a ski hill with a well equipped conference center, resort, & hotel.