Year-over-year, Oconomowoc Lake’s rolling three-month numbers show sharp shifts in both prices and inventory. The typical home value is down dramatically, falling nearly 70 percent from a year ago, while the share of homes selling above list has dropped to zero. At the same time, months of supply has surged more than threefold, signaling far more options relative to the pace of sales than last year.
Looking at the latest rolling three-month period ending in September 2026, pricing at the high end stands out, with the median list price up nearly 600 percent from a year ago. Inventory has tightened, as active listings are down about 60 percent year over year and homes sold have fallen by roughly half, underscoring how just a few transactions can move the numbers in this small market. Despite those limited sales, the median days on market has shortened by about 20 percent from last year, suggesting some properties are finding buyers more quickly.
Current conditions highlight a mixed environment for negotiations. Months of supply now sits at 6.4, yet the market gauge still classifies Oconomowoc Lake as a seller’s market, even as the average sale-to-list ratio has slipped more than 12 percent year over year to around 83 percent. With only two active listings, two pending sales, and one closing in this period, working with an expert who understands individual property dynamics matters more than broad averages. Agent Pronto can connect both buyers and sellers with a local agent who knows how to navigate these unique, high-end market conditions.
