Lake Geneva Real Estate Market Update
Quick answer: 220 properties closed across the Lake Geneva area in August 2026, down 16 percent from August 2025. The single-family median rose $39,950 to $474,950. Eleven waterfrontage properties sold, at a single-family lakefront median of $1,784,000. Inventory stood at 880 active listings on September 1.
This report covers Lake Geneva and the Southern Lakes Region of southeastern Wisconsin. That is Walworth County plus the parts of Waukesha, Racine, Kenosha, and Jefferson counties inside the lake map.
Figures come from the Metro MLS export pulled September 1, 2026. Every median carries its sale count. Segments under 3 closings show the range of sale prices, low to high, in place of a median.
August 2026 sales at a glance
| Measure | Aug 2026 | Aug 2025 | Change |
|---|---|---|---|
| Closings, all types | 220 | 259 | -15.1% |
| Median sale price, all types | $425,000 | $410,000 | +$15,000 (+3.7%) |
| Single-family closings | 158 | 188 | -16.0% |
| Single-family median | $474,950 | $435,000 | +$39,950 (+9.2%) |
| Median days on market | 18 | 27 | -9 days |
| Single-family days on market | 12 | 22 | -10 days |
The median single-family sale closed at 100.0 percent of its original list price, before any reductions. In August 2025 that figure was 98.9 percent.
Through August 31, 1,618 properties closed against 1,559 in the same eight months of 2025, up 3.8 percent. The year-to-date median was $409,950, up $29,950 from $380,000.
Where the sales landed by price
| Price band | Aug 2026 | Aug 2025 |
|---|---|---|
| Under $300,000 | 47 | 73 |
| $300,000 to $500,000 | 92 | 100 |
| $500,000 to $750,000 | 53 | 55 |
| $750,000 to $1,000,000 | 7 | 18 |
| $1,000,000 to $2,000,000 | 18 | 9 |
| $2,000,000 and above | 3 | 4 |
Sales under $300,000 fell by 26 closings. Sales between $1 million and $2 million rose from 9 to 18.
Through August, 135 properties closed at $1 million or above, against 103 in the same period of 2025. That is an increase of 31 percent.
Every lakefront sale in August 2026
Eleven properties with waterfrontage on the lot closed in August: 10 single-family homes and 1 vacant parcel. All 11 are listed below.
| Lake | Municipality | Frontage | Sale price | Days on market |
|---|---|---|---|---|
| Geneva Lake | Linn | 160 ft | $8,490,000 | 310 |
| Lauderdale Lakes | La Grange | 154 ft | $3,900,000 | 87 |
| Lauderdale Lakes | La Grange | 50 ft | $1,999,700 | 33 |
| Lake Elizabeth | Twin Lakes | 68 ft | $1,965,000 | 19 |
| Lauderdale Lakes | La Grange | 112.5 ft | $1,850,000 | 19 |
| Browns Lake | Burlington | 89 ft | $1,718,000 | 6 |
| Lily Lake | Wheatland | 70 ft | $1,695,000 | 39 |
| Lake Mary | Twin Lakes | 60 ft | $1,660,000 | 33 |
| Whitewater Lake | Whitewater | 77 ft | $1,100,000 | 33 |
| Eagle Springs Lake | Eagle | 53 ft | $715,000 | 94 |
| Lauderdale Lakes (vacant land) | La Grange | 60 ft | $318,500 | 655 |
The 10 single-family sales produced a median of $1,784,000 across a range of $715,000 to $8,490,000, at a median 33 days on market. August 2025 recorded 11 single-family lakefront sales at a $600,000 median across a range of $410,000 to $2,700,000.
The Geneva Lake sale in the Town of Linn was a 2025 build on 0.66 acres, first listed at $9,985,000. Lauderdale Lakes recorded 4 of the 11 sales, more than any other body of water.
Year to date, 73 single-family lakefront properties closed in 2026 against 58 in the same period of 2025. The 2026 median is $1,100,000 across a range of $215,000 to $14,300,000.
On September 1 there were 44 active single-family lakefront listings at a median list price of $1,562,000.
Every record above was classified by hand. Automated waterfront pulls in this MLS include creek, river, and pond frontage, and they attribute association-level frontage to condominium units that own no shoreline.
Lake-by-lake medians across all 26 named lakes are reported separately in the September 14 report. Background on the individual lakes is on our lifestyle site, .
Condominiums, condotels, and dockominiums
Three products share the MLS property type "Condominium" in this region. We report them separately.
A condominium is a residence. That includes the detached homes at Geneva National and Abbey Springs, which are recorded as condominiums under Wisconsin land-condominium structure.
A condotel is a resort unit tied to a hotel operation, at properties including the Abbey Resort in Fontana, Lake Lawn Resort in Delavan, and Timber Ridge Lodge.
A dockominium is a deeded boat slip sold as a condominium unit with no living area, found mainly at Abbey Harbor on the Fontana end of Geneva Lake.
| Segment | Aug 2026 | Aug 2025 | Aug 2026 median | Aug 2025 median |
|---|---|---|---|---|
| Condominium | 43 closings | 36 closings | $365,000 | $400,000 |
| Condotel | 6 closings | 5 closings | $166,000 | $115,000 |
| Dockominium | 0 closings | 0 closings | no sales | no sales |
The residential condominium median fell $35,000, or 8.8 percent, on 19 percent more sales. Year to date the same segment recorded 254 closings at a $380,450 median against 240 at $343,700, up 10.7 percent.
Our guide to covers the ownership questions. The covers the land-condominium homes.
Dockominiums recorded no closings in either August. Ten have sold since January 1, 2025, including 2 in 2026 at $440,000 and $445,000. One was pending on September 1.
Condotel supply stood at 11.4 months, against 3.4 months for single-family homes. Six units closed in August at a $166,000 median, with 36 listed.
Geneva National recorded 10 closings in August across attached and detached units. We publish no median for the golf communities this month, because the detached land-condominium homes and the attached units have to be separated first. The covers the courses.
August closings by municipality
| Municipality | Closings | Median sale price |
|---|---|---|
| Lake Geneva | 26 | $541,888 |
| Delavan | 23 | $401,000 |
| Geneva (town) | 19 | $445,000 |
| Mukwonago | 19 | $393,560 |
| Burlington | 18 | $400,120 |
| Twin Lakes | 15 | $425,800 |
| Whitewater | 11 | $376,663 |
| Elkhorn | 11 | $365,000 |
| Fontana | 11 | $677,500 |
| Williams Bay | 8 | $586,000 |
| Eagle | 7 | $715,000 |
| Sugar Creek | 7 | $475,000 |
| La Grange | 6 | $1,135,000 |
| East Troy | 5 | $350,000 |
| Walworth | 4 | $393,250 |
| Bloomfield | 4 | $364,250 |
| Darien | 3 | $240,000 |
| Spring Prairie | 3 | $665,000 |
| Rochester | 3 | $305,000 |
Municipalities with fewer than 3 closings show the range instead.
| Municipality | Closings | Range |
|---|---|---|
| Genoa City | 2 | $405,000 to $429,900 |
| Lafayette | 2 | $99,000 to $1,536,000 |
| Linn | 2 | $750,000 to $8,490,000 |
| Palmyra | 2 | $285,000 to $297,900 |
| Randall | 2 | $397,000 to $600,000 |
| Sharon | 2 | $225,000 to $539,000 |
| Wheatland | 2 | $305,000 to $1,695,000 |
| Lyons | 1 | $650,000 |
| Richmond | 1 | $705,000 |
| Waterford | 1 | $545,000 |
La Grange posted the highest median of any municipality with 3 or more sales, at $1,135,000. It carries the , 20 minutes northwest of Lake Geneva. Elkhorn posted the lowest at $365,000.
A works at the street level rather than the municipal level.
Two-family properties recorded 3 closings at a $297,900 median. No multi-family properties closed in August 2026, against 2 in August 2025.
Inventory on September 1
| Segment | Active listings | Median list price | Months of supply |
|---|---|---|---|
| Single family | 509 | $532,390 | 3.4 |
| Single family, lakefront | 44 | $1,562,000 | included above |
| Condominium | 132 | $399,700 | 4.0 |
| Condotel | 36 | $124,700 | 11.4 |
| Vacant land | 188 | $173,450 | 11.8 |
| All types | 880 | Â | 4.3 |
Months of supply is the active count divided by the average monthly closing pace over the twelve months ending August 31, which ran 206 closings per month. Seventy-three properties were pending on September 1.
We publish no year-over-year inventory figure. The export carries active, pending, and closed records only. Listings that expired or were withdrawn in 2025 are absent from it, so any prior-year count built from this file would be understated.
Mortgage rates on September 1, 2026
Mortgage News Daily reported these on September 1, with the daily change in parentheses.
| Loan type | Rate |
|---|---|
| 30-year fixed | 6.89% (+0.02) |
| 15-year fixed | 6.39% (+0.01) |
| 30-year jumbo | 6.92% (+0.00) |
| 30-year FHA | 6.41% (+0.01) |
| 30-year VA | 6.43% (+0.01) |
| 7/6 SOFR ARM | 6.45% (+0.03) |
The 10-year Treasury closed at 4.788, up 0.036. These are national averages rather than a quote, and a lender will price an individual file differently.
Frequently asked questions
Did Lake Geneva area home prices go up in August 2026?
The single-family median was $474,950 in August 2026 on 158 closings, against $435,000 on 188 closings in August 2025, a gain of $39,950 or 9.2 percent. Sales under $300,000 fell by 26 while sales between $1 million and $2 million rose from 9 to 18, so part of the increase reflects which price ranges sold.
How many lakefront homes sold near Lake Geneva in August 2026?
Eleven properties with waterfrontage on the lot closed in August 2026, comprising 10 single-family homes and 1 vacant parcel. The single-family sales produced a median of $1,784,000 across a range of $715,000 to $8,490,000. Lauderdale Lakes accounted for 4 of the 11. Geneva Lake recorded the highest sale at $8,490,000 on 160 feet of frontage.
How long did it take to sell a home near Lake Geneva in August 2026?
The median single-family home went under contract in 12 days, against 22 days in August 2025. Across all property types the median was 18 days. Condominiums took 33 days and lakefront single-family homes took 33 days. These figures measure time to contract rather than time to close.
What is the difference between a condominium, a condotel, and a dockominium?
A condominium is a residence, including the detached homes at Geneva National and Abbey Springs that are recorded as land condominiums. A condotel is a resort unit tied to a hotel operation, at properties including the Abbey Resort, Lake Lawn Resort, and Timber Ridge Lodge. A dockominium is a deeded boat slip sold as a condominium unit with no living space, found mainly at Abbey Harbor in Fontana.
How much inventory is on the market in the Lake Geneva and Southern Lakes Region?
As of September 1, 2026, there were 880 active listings, including 509 single-family homes, 132 condominiums, 36 condotel units, and 188 vacant land parcels. Forty-four of the single-family listings carry lake frontage, at a median list price of $1,562,000. Overall supply was 4.3 months, and single-family supply was 3.4 months.
What were mortgage rates on September 1, 2026?
Mortgage News Daily reported a 30-year fixed national average of 6.89 percent on September 1, 2026, up 0.02 for the day. The 15-year fixed was 6.39 percent, the 30-year jumbo 6.92 percent, and the 7/6 SOFR ARM 6.45 percent. The 10-year Treasury closed at 4.788. These are national averages rather than individual quotes.
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