Home prices
The median home in Oconomowoc Lake is valued at $891,700. Compared to its nearby areas this is about $534,940 (149%) higher.Compared to the nation as a whole it is approximately $674,200 (309%) higher, and it is roughly $633,700 (245%) higher in comparison to the city of Chicago.
Rents
The median monthly rent in Oconomowoc Lake is $1,688. This is roughly $601 (55%) higher compared to the surrounding areas.Compared to the United States as a whole it is approximately $626 (58%) higher, and it is about $576 (51%) higher in comparison to the city of Chicago.
Nearby places
Okauchee Lake
Okauchee Lake is Oconomowoc Lake's neighbor to the north. Real estate prices there are significantly less expensive. The median home in Okauchee Lake is valued at $367,200, which comes out to $524,500 (142%) lower than Oconomowoc Lake. Rents there are significantly less expensive. Okauchee Lake's median monthly rent is $890, which is $798 (89%) lower than Oconomowoc Lake.
Oconomowoc
Oconomowoc is Oconomowoc Lake's neighbor to the west. Housing prices there are significantly less expensive. The median home in Oconomowoc costs $259,200, which is $632,500 (244%) lower than Oconomowoc Lake. The rent there is a lot less expensive. The median rent in Oconomowoc is $972 per month, which is $716 (73%) lower than Oconomowoc Lake.
Delafield
Delafield is Oconomowoc Lake's neighbor to the southeast. Housing prices there are a lot less expensive. The cost of the median home in Delafield is $387,200, which is $504,500 (130%) lower than Oconomowoc Lake. The rent there is significantly less expensive. The median rent in Delafield is $1,237 per month, which is $451 (36%) lower than Oconomowoc Lake.
Summit
Summit is Oconomowoc Lake's neighbor to the south. Real estate prices there are significantly less expensive. The median home in Summit costs $403,000, which is $488,700 (121%) lower than Oconomowoc Lake. Its rents are substantially less expensive. Summit's median rent is $1,144 a month, which works out to $544 (47%) lower than Oconomowoc Lake.
Nashotah
Nashotah is approximately 2 miles east from Oconomowoc Lake. Real estate prices there are substantially less expensive. The median home in Nashotah is valued at $367,200, which comes out to $524,500 (142%) lower than Oconomowoc Lake. The rent there is substantially less expensive. In Nashotah the median monthly rent is $1,193, which is $495 (41%) lower than Oconomowoc Lake.
