Is Pewaukee, WI 53072 a buyer’s or seller’s market?
Pewaukee is a seller’s market. With about 1.8 months of supply and 43% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 76% of U.S. ZIP codes, and #115 of 319 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Pewaukee housing market right now
In the three months ending August 31, 2026, 43% of homes in Pewaukee, WI 53072 sold above their list price, the typical home went under contract in 52 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 126 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (41% then), homes sold more slowly (42 days then) and the median sale price rose 6% to $555,760. Overall, Pewaukee is about as competitive as it was a year ago.
Within Waukesha County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Pewaukee ranks #115 of 319 WI ZIP codes with enough sales (score 72 out of 100).
Nearby, buyers who want less competition could look at Okauchee 53069 (0% sold over asking) or Wales 53183 (14% sold over asking), while Waukesha 53186 (71% sold over asking) and Butler 53007 (70% sold over asking) are even more competitive.
Run the numbers for 53072
Nearby markets
Big Bend 53103Seller’s market $259 /sq ftBrookfield 53005Seller’s market $239 /sq ftBrookfield 53045Seller’s market $241 /sq ftButler 53007Seller’s market $218 /sq ft Browse all markets →Towns like Pewaukee nearby
Find towns like Pewaukee in other states →Where Pewaukee is
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Questions about Pewaukee real estate
Is Pewaukee a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Pewaukee, WI 53072 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Pewaukee?
The typical home went under contract in 52 days in the latest three months.
Do homes in Pewaukee sell over asking?
43% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in Pewaukee?
About 1.14% of a home’s value a year in Waukesha County, or roughly $4,560 on a $400,000 home.
What is the median home price in Pewaukee?
The median sale price was $555,760 in the three months ending August 31, 2026, about $252 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology