Lake Geneva, WI—53147
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lake Geneva, WI
As of Oct '25, the median home price in Lake Geneva, WI is $439,000, with a year-over-year change of 2.9%. This indicates that home prices in Lake Geneva, WI are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $439,000 | 2.9% |
| Single Family | $472,000 | 3.3% |
| Condos | $343,000 | 3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $208,000 | 5.1% |
2 Bed | $300,000 | 3.8% |
3 Bed | $456,000 | 4.3% |
4 Bed | $707,000 | 6.5% |
| 5 Bed | $1,176,000 | 6.9% |
% of Housing Stock
Rental Trends — Lake Geneva, WI
As of July '25, Rentcast reports the average rent in Lake Geneva, WI is $2,220, with a year-over-year rent change of -1.3%. Per bedroom, the median rent as of July '25 in Lake Geneva, WI is 1-bedrooms: $1,500, 2-bedrooms: $2,180, 3-bedrooms: $2,520, 4-bedrooms: $2,700. The most common rental property sizes in Lake Geneva, WI are 2-bedroom and 3-bedroom, accounting for 40.0% and 21.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,500 |
| 2 Bed Rent | $1,850 | $2,180 |
| 3 Bed Rent | $2,400 | $2,520 |
| 4 Bed Rent | $2,200 | $2,700 |
% of Rental Stock
Property Listings — Lake Geneva, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Lake Geneva, WI is 58. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $634,000 | 10.0% |
Listing Count | 165 | -4.0% |
| Listings as % of Homes | 0.6% | -4.0% |
Days on Market | 58 | 4.0% |
Demographics — Lake Geneva, WI
As of the latest ACS Survey released in 2023, Lake Geneva, WI has a population of 18,400, which has increased by 10.7% over the past 5 years. Lake Geneva, WI is a moderately popular place for families, as children make up 18.7% of the population. The area has a moderately educated workforce, with 40.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,400 | 10.7% |
% Under 18 | 18.7% | -16.9% |
% Seniors | 21.9% | 12.9% |
% WFH | 11.2% | 111.3% |
% w/ College Degree | 40.3% | 16.1% |
As of the latest ACS Survey released in 2023, Lake Geneva, WI is a predominantly white area, with 82.3% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Lake Geneva, WI is hispanic, making up 12.2% of the population. Foreign-born residents account for 9.5% of the population in Lake Geneva, WI, and this percentage has increased by 15.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.3% | -1.7% |
% Black | 0.8% | ∞% |
% Hispanic | 12.2% | -10.3% |
% Asian | 1.0% | 0.0% |
% Foreign Born | 9.5% | 15.9% |
Mortgage and Risk — Lake Geneva, WI
According to HUD data as of 2023, there were 425 mortgage originations in Lake Geneva, WI, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Lake Geneva, WI. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 425 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 4.0% |
% Second Loans | 18.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Lake Geneva, WI
Lake Geneva, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 178 |
Total Units Section 8 | 145 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 86.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$430 | $1,400 | $970 |
| 2 Bedroom | -$580 | $1,850 | $1,270 |
| 3 Bedroom | -$800 | $2,400 | $1,600 |
| 4 Bedroom | -$170 | $2,200 | $2,030 |
Affordability — Lake Geneva, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $439,000 |
| Median Household Income | $83,000 |