Lake Geneva Real Estate Market Update November 2026
Quick answer: 184 properties closed in the Lake Geneva area in October 2026, down 26.1 percent from 249 a year earlier. The median sale price was $399,950, against $403,350. One Geneva Lake home sold for $20 million. 900 listings were active on November 12, a 4.4-month supply, and the 30-year mortgage rate averaged 7.11 percent.
This report covers Lake Geneva and the Southern Lakes Region of southeastern Wisconsin: 26 lakes across Walworth, Kenosha, Racine, Waukesha and Jefferson counties. It is built on October 2026 closings from a Metro MLS export pulled November 12, 2026. Inventory is as of that date.
October 2026 sales at a glance (November 2026 report)
Closings fell by about a quarter from October 2025. The median price moved by less than 1 percent.
| Measure | October 2026 | October 2025 | Change |
|---|---|---|---|
| Closings, all property types | 184 | 249 | -26.1% |
| Median sale price, all types | $399,950 | $403,350 | -$3,400 (-0.8%) |
| Dollar volume | $118.0 million | $159.6 million | -26.0% |
| Single-family closings | 142 | 181 | -21.5% |
| Single-family median | $425,000 | $449,990 | -$24,990 (-5.6%) |
| Median days on market, all types | 22 | 21 | +1 day |
| Median sale price to original list price | 97.3% | 97.1% | +0.2 points |
The slowdown matches the national month. The National Association of REALTORS reported on November 12 that from a year earlier to a 3.75 million annual rate, the lowest since August 2010. The national median price was $416,700, up 0.4 percent.
Through 10 months the local count is still ahead of last year: 2,057 closings from January through October against 2,020 in the same months of 2025. The year-to-date median for all property types is $410,000, up from $380,000. Trailing 12-month values by segment and by municipality are in our report on .
Where the sales volume was concentrated
One closing accounted for 16.9 percent of the month's dollar volume. A Geneva Lake home in the Town of Linn with 222 feet of frontage sold for $20,000,000 on October 7. Crain's Chicago Business as a private, off-market deal and the highest price paid in Lake Geneva in more than a year. Without it, October volume was $98.0 million.
| Segment | Sales | Share of sales | Dollar volume | Share of volume | Median or range |
|---|---|---|---|---|---|
| Luxury, $1 million and above | 20 | 10.9% | $52.4M | 44.4% | $1,512,500 |
| Lakefront single family | 8 | 4.3% | $34.6M | 29.3% | $810,000 to $20,000,000 |
| Golf communities | 8 | 4.3% | $6.2M | 5.3% | $660,000 |
| Condominium, condotel, dockominium | 27 | 14.7% | $11.4M | 9.7% | $300,000 |
| Town and country single family, including lake access | 133 | 72.3% | $65.5M | 55.5% | $410,000 |
| Land, two-family, multi-family | 15 | 8.2% | $4.4M | 3.7% | $178,000 |
Luxury and golf overlap the other rows, so the columns do not add to 100 percent. Lakefront shows a price range because we never publish a lakefront median. Golf communities are Geneva National, Abbey Springs, Country Club Estates, Evergreen and Big Foot, all covered in the .
Within single family, 87 homes closed in cities and villages at a $387,500 median (86 at $395,000 a year earlier). 31 closed in townships at $499,900 (54 at $476,950). 15 lake access homes closed at $758,000 (29 at $550,000), and 8 of the 15 came with a slip, dock or pier.
Where the sales landed by price
Every band under $1 million had fewer closings than a year earlier. The $1 million to $2 million band had one more.
| Price band | October 2026 | October 2025 |
|---|---|---|
| Under $300,000 | 52 | 69 |
| $300,000 to $500,000 | 71 | 94 |
| $500,000 to $750,000 | 31 | 44 |
| $750,000 to $1,000,000 | 10 | 21 |
| $1,000,000 to $2,000,000 | 14 | 13 |
| $2,000,000 and above | 6 | 8 |
Cash paid for 64 of the 184 closings, or 34.8 percent, compared with 40.6 percent in October 2025. Above $1 million, 12 of 20 buyers paid cash. NAR put the national cash share at 29 percent for October.
Every lakefront sale in October 2026
Eight lakefront homes closed on 7 lakes for a combined $34.6 million. Twelve closed in October 2025 for $40.7 million. Each October 2026 sale is listed below. Frontage is the MLS estimate.
| Lake | Municipality | Frontage | Sale price | Days on market | Sale date |
|---|---|---|---|---|---|
| Geneva Lake | Town of Linn | 222 ft | $20,000,000 | 19 | Oct 7 |
| Lauderdale Lakes | Town of La Grange | 192 ft | $3,800,000 | 141 | Oct 13 |
| Lake Beulah | Town of East Troy | 130 ft | $2,750,000 | 1 | Oct 23 |
| Whitewater Lake | Town of Whitewater | 146 ft | $2,675,000 | 60 | Oct 23 |
| Whitewater Lake | Town of Whitewater | 76 ft | $1,531,600 | 3 | Oct 23 |
| Lake Como | Town of Geneva | 85 ft | $1,525,000 | 4 | Oct 15 |
| Lake Mary | Village of Twin Lakes | 108 ft | $1,500,000 | 33 | Oct 26 |
| Rice Lake | Town of Whitewater | 75 ft | $810,000 | 13 | Oct 12 |
Four of the eight sold in 2 weeks or less. A home that sits on a channel is counted as lake access, so one Lake Beulah channel sale at $1,233,300 is not on this list. A waterfront bed and breakfast on Lake Como with 129 feet of shoreline also sold on October 23 for $2,200,000. It is in the month's totals and is not counted as a lakefront home. Multi-year sale records for each lake are in our , and describes all 26 lakes. Our guide to covers how these properties are priced.
Condominiums, condotels and dockominiums
Residential condominium closings fell by more than half. We report condotels and dockominiums separately because they trade on different terms.
| Segment | October 2026 | October 2025 | October 2026 median | October 2025 |
|---|---|---|---|---|
| Condominium | 23 closings | 51 closings | $315,000 | $325,000 |
| Condotel | 4 closings | 2 closings | $172,000 | $210,000 to $225,000 |
| Dockominium | 0 closings | 1 closing | no sales | $430,000 |
The year-to-date picture is different from the single month. From January through October, 316 residential condominiums closed at a $377,500 median, against 324 at $335,000 in 2025. More detail is in our guides to and to .
October closings by municipality
Cities, villages and towns that share a name are separate governments and are reported separately. Medians cover all property types. The count is printed beside every median because 3 or 4 sales can swing one.
| Municipality | Closings | Median sale price |
|---|---|---|
| City of Burlington | 26 | $367,000 |
| City of Lake Geneva | 18 | $367,000 |
| Town of Delavan | 13 | $325,000 |
| City of Delavan | 10 | $399,950 |
| Town of Geneva | 9 | $725,000 |
| City of Elkhorn | 9 | $405,000 |
| City of Whitewater | 9 | $259,900 |
| Village of Mukwonago | 6 | $557,950 |
| Village of Williams Bay | 6 | $529,400 |
| Village of Bloomfield | 6 | $259,500 |
| Town of East Troy | 5 | $600,000 |
| Village of Walworth | 5 | $420,000 |
| Village of Twin Lakes | 5 | $375,000 |
| Village of Fontana | 4 | $660,000 |
| Town of Lafayette | 4 | $464,000 |
| Town of Sugar Creek | 4 | $463,035 |
| Town of Lyons | 4 | $361,000 |
| Village of Darien | 4 | $260,625 |
| Town of Richmond | 4 | $110,000 |
| Town of Whitewater | 3 | $1,531,600 |
| Town of La Grange | 3 | $760,000 |
| Town of Mukwonago | 3 | $605,000 |
| Town of Linn | 3 | $515,000 |
| Village of Genoa City | 3 | $350,000 |
| Town of Spring Prairie | 3 | $299,900 |
Municipalities with fewer than 3 closings show a price range:
| Municipality | Closings | Range |
|---|---|---|
| Town of Randall | 2 | $499,900 to $615,542 |
| Town of Troy | 2 | $390,000 to $675,000 |
| Village of Eagle | 2 | $267,000 to $455,000 |
| Town of Walworth | 2 | $265,000 to $340,000 |
| Village of Sharon | 2 | $205,000 to $390,000 |
| Town of Wheatland | 2 | $210,000 to $310,000 |
| Town of Eagle | 1 | $500,000 |
| Village of Vernon | 1 | $415,000 |
| Town of Burlington | 1 | $299,000 |
The Town of East Troy figure includes the $2,750,000 Lake Beulah sale. Our separates village, lake and acreage values. Community profiles for each town are in the .
New listings
Walworth County sellers listed 165 single-family homes and condominiums in October, up 6.5 percent from 155 a year earlier, according to Metro MLS. Year to date the county is flat: 1,758 new listings against 1,762.
| Area (Metro MLS, single family and condo) | October 2026 | October 2025 | Change |
|---|---|---|---|
| Walworth County | 165 | 155 | +6.5% |
| Kenosha County | 218 | 194 | +12.4% |
| Lake Geneva, Delavan and Williams Bay | 60 | 61 | -1.6% |
Nationally, Realtor.com counted 7.5 percent fewer new listings than in October 2025, its steepest annual drop of the year.
Inventory on November 12
900 listings were active on November 12, compared with 896 on October 1. Another 55 were pending. Months of supply divides active listings by the average monthly closings of the past 12 months.
| Segment | Active listings | Median list price | Months of supply |
|---|---|---|---|
| Single family | 520 | $529,900 | 3.5 |
| Condominium | 122 | $400,000 | 3.9 |
| Condotel | 28 | $118,450 | 8.2 |
| Dockominium | 1 | $465,000 | 3.0 |
| Vacant land | 213 | $175,000 | 13.2 |
| Two-family and multi-family | 16 | $367,450 | 3.4 |
| All types | 900 | 4.4 |
Worked example: 520 single-family listings divided by 148.6 closings a month (1,783 over 12 months) equals 3.5 months. NAR reported a 5.1-month national supply for October.
Of the 671 active homes and condominiums, 256, or 38.2 percent, were priced below their original list price on November 12. Homes that closed in October had a median 22 days on market. Our post on explains how time on market is measured.
Mortgage rates, inflation and the Fed on November 12, 2026
Freddie Mac's weekly survey put the on November 12, the fourth weekly decline in a row. A year earlier it was 6.24 percent. The 15-year averaged 6.45 percent.
Daily rates moved the other way that week. The put the 30-year fixed at 7.42 percent on November 12, up 0.12 point on the day. The weekly survey and the daily index measure different days and different loans.
| Mortgage News Daily Rate Index, November 12, 2026 | Rate | Change on the day |
|---|---|---|
| 30-year fixed | 7.42% | +0.12 |
| 15-year fixed | 7.00% | +0.08 |
| 30-year jumbo | 7.46% | +0.06 |
| 30-year FHA | 7.00% | +0.11 |
| 30-year VA | 7.01% | +0.11 |
| 7/6 SOFR ARM | 7.05% | +0.25 |
| Measure | Latest | Earlier |
|---|---|---|
| Freddie Mac 30-year fixed, weekly | 7.11% (Nov 12) | 6.24% (a year ago) |
| Freddie Mac 15-year fixed, weekly | 6.45% (Nov 12) | 5.49% (a year ago) |
| Federal funds target range | 3.75% to 4.00% | held October 28 |
| Consumer prices, October | +0.4% for the month | +0.6% in September |
Yahoo Finance tied the daily rise to Treasury yields after the October inflation report. The Bureau of Labor Statistics that consumer prices rose 0.4 percent in October and core prices rose 0.3 percent for a third month. Shelter rose 0.3 percent and accounted for more than 30 percent of the increase.
The Federal Reserve raised its target range to 3.75 to 4.00 percent on September 16 and by a 10 to 2 vote. Both dissenters preferred a quarter-point increase. The next decision comes December 9. Our covers the December meeting, the inflation calendar and housing affordability in detail.
What the rate gap means in dollars: on a $340,000 loan, which is 80 percent of October's $425,000 single-family median, principal and interest is $2,287 a month at 7.11 percent and $2,091 at last year's 6.24 percent. That is $196 a month more. A lender prices the individual case.
September 2026 restated
Late-reported closings changed September's totals. We restate the prior month in every report.
| Measure | Published October 5 | Restated November 12 |
|---|---|---|
| September closings, all types | 236 | 240 |
| September single-family closings | 168 | 171 |
| September single-family median | $465,000 | $460,000 |
| September lakefront sales | 14 | 13 |
The lakefront change is a classification change. One September sale had channel frontage and now counts as lake access.
Frequently asked questions
Did Lake Geneva area home prices go up in October 2026?
The median sale price for all property types was $399,950 in October 2026, down $3,400 or 0.8 percent from October 2025. The single-family median was $425,000, down 5.6 percent. For January through October the median was $410,000, up from $380,000 in the same months of 2025.
How many homes sold near Lake Geneva in October 2026?
184 properties closed across Lake Geneva and the Southern Lakes Region in October 2026, compared with 249 in October 2025, a 26.1 percent decline. 142 were single-family homes and 27 were condominiums, condotels or dockominiums. Nationally, existing-home sales fell 8.8 percent from a year earlier, according to NAR.
How many lakefront homes sold near Lake Geneva in October 2026?
Eight lakefront homes closed on 7 lakes for a combined $34.6 million. Prices ran from $810,000 on Rice Lake to $20,000,000 on Geneva Lake. Twelve lakefront homes closed in October 2025. We list every lakefront sale individually and do not publish a lakefront median.
What was the $20 million Lake Geneva home sale?
A Geneva Lake home in the Town of Linn with 222 feet of frontage closed for $20,000,000 on October 7, 2026. Crain's Chicago Business reported it as a private, off-market sale and the highest price paid in Lake Geneva in more than a year. It was 16.9 percent of October's dollar volume in the region.
How much inventory is on the market in the Lake Geneva and Southern Lakes Region?
900 listings were active on November 12, 2026: 520 single-family homes, 122 condominiums, 28 condotels, 1 dockominium, 213 land parcels and 16 two-family or multi-family properties. That is a 4.4-month supply at the past year's sales pace. Single-family supply was 3.5 months.
What are mortgage rates in November 2026?
Freddie Mac's weekly survey put the 30-year fixed rate at 7.11 percent on November 12, 2026, against 6.24 percent a year earlier. Mortgage News Daily's daily index was 7.42 percent the same day. The Federal Reserve's next rate decision is December 9, 2026.
How do I choose a real estate agent for the Lake Geneva area?
Ask how the agent separates city, village and town data for your address, how lake rights are verified, and what the agent publishes about the market. Kim and Joel Reyenga were licensed in 1986 and 2012, have been based in Williams Bay since 1988 and have been with eXp Realty since 2019. They publish this report every month.
Request a valuation for your property
A monthly median describes a market, and a single house needs its own comparable sales. Kim and Joel Reyenga prepare a for homes in Lake Geneva, Williams Bay, Fontana, Delavan, Elkhorn, East Troy, Twin Lakes, Burlington and the towns between them.
Request a , , or call or text (262) 325-9867. You get the closed sales for your segment and your municipality, with the count behind every number. More about and their
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