What Are Lake Geneva and Southern Lakes Region Homes Worth?

By Kim and Joel Reyenga, eXp Realty | YourWiscoHome.com

Quick answer: Across the trailing 12 months, the median single-family home in the Lake Geneva and Southern Lakes Region sold for $392,000 in town, $499,900 in the townships, $425,000 with lake access, and $1,160,000 with lake frontage. Those figures cover 1,819 sales through September 30, 2026.

A regional median answers almost nothing on its own. A house on Geneva Lake and a house eight miles inland are in the same market only in the loosest sense.

This report splits the region the way the market actually prices it. Figures come from the Metro MLS export pulled October 1, 2026. Values use the trailing 12 months, October 1, 2025 through September 30, 2026. Change is measured January through September against the same nine months of 2025. Every median carries its sale count.

What single-family homes are worth by segment

Segment	Sales	Median	Days on market	Sale to original list	Price per sq ft
Lakefront	133	$1,160,000	31	96.5%	$475
Country (townships)	513	$499,900	18	98.6%	$232
Lake access	232	$425,000	17.5	98.5%	$286
Town (cities and villages)	941	$392,000	15	100.0%	$226

Lakefront carries a median 2.96 times the town median, and 2.1 times as much per square foot. It also takes the longest to sell and closes furthest below its original asking price, at 96.5 percent against 100.0 percent in town.

Country property outsells town property by $107,900 at the median. Township land carries acreage, and some of it carries frontage on water that is not a lake.

Lake access sits between town and country on median price and above both on price per square foot, at $286. Buyers there are paying for the rights more than the structure.

How values moved this year

Segment	Jan-Sep 2026	Jan-Sep 2025	Change
Lakefront	$1,232,500 (96 sales)	$989,000 (73 sales)	+$243,500 (+24.6%)
Lake access	$423,137 (174 sales)	$380,000 (176 sales)	+$43,137 (+11.4%)
Country	$512,000 (369 sales)	$478,750 (386 sales)	+$33,250 (+6.9%)
Town	$399,950 (700 sales)	$380,000 (621 sales)	+$19,950 (+5.3%)

Lakefront moved furthest, on 23 more sales. Lake access and country both recorded fewer sales than last year at higher medians.

Part of any median move reflects which homes sold rather than appreciation on a given house. Lakefront in particular turns on a handful of large sales inside a 96-sale sample.

What a boat slip is worth

Among lake-access single-family homes over the trailing 12 months, the MLS record shows whether the property carries a boat slip, private dock, pier or ramp. The gap is the largest single difference in this report.

Lake access homes	Sales	Median
With a slip, dock or pier	66	$726,250
Without	166	$392,500

A difference of $333,750, or 85 percent.

Treat that as an association rather than an appraisal adjustment. Homes that come with slips also tend to sit closer to the water, on larger lots, in older established associations. The slip is not worth $333,750 by itself.

What the number does show is that the slip-bearing end of the lake-access market trades in a separate price tier. Pricing a slip property against non-slip comparables in the same subdivision will miss badly in one direction or the other.

Background on the individual lakes and their access is on our lifestyle site, LakeGenevaWeekend.com.

What condominiums are worth by type

Six different products share the MLS condominium property type here.

Type	Sales	Median	Days on market
Golf community	98	$617,750	29.5
Dockominium	5	$435,000	9
Lakefront	29	$413,000	25
Lake access	9	$350,000	26
All other	264	$337,000	33.5
Condotel	39	$145,000	58

Golf-community condominiums carry the highest median of any condominium type at $617,750. Many of them are the detached homes at Geneva National and Abbey Springs, recorded as condominiums under Wisconsin land-condominium structure. They are houses, filed as condominiums.

Golf condominiums also moved furthest this year, at a $618,000 median January through September against $490,000 in the same period of 2025, an increase of 26.1 percent on 71 sales. All other condominiums rose 12.9 percent to $350,000.

Condotel units sell for the least and take the longest, at a $145,000 median and 58 days. Dockominiums, which are deeded boat slips with no living area, sold 5 times over the trailing 12 months at a $435,000 median and moved in 9 days.

The Geneva National guide covers the land-condominium homes, our guide to selling a condo in the Lake Geneva area covers the ownership questions, and the Lake Geneva Golf Trail guide covers the courses.

What homes are worth by municipality

Forty jurisdictions recorded 10 or more single-family sales over the trailing 12 months. Cities, villages and townships sharing a name are separate jurisdictions and appear separately.

Jurisdiction	Sales	Median
Town of Linn	39	$1,379,000
Town of La Grange	42	$830,000
Village of Fontana	40	$785,000
Town of Eagle	35	$717,760
Town of East Troy	59	$650,000
Town of Palmyra	10	$620,000
Town of Mukwonago	45	$595,000
Village of Williams Bay	59	$590,000
City of Lake Geneva	135	$575,512
Town of Lyons	35	$575,000
Village of Rochester	10	$547,500
Town of Spring Prairie	19	$542,000
Town of Lafayette	13	$535,900
Town of Walworth	16	$527,500
Village of Mukwonago	88	$510,000
Town of Whitewater	25	$499,000
Town of Geneva	60	$470,000
Town of Richmond	32	$461,000
Village of Vernon	13	$460,000
Town of Randall	48	$444,250
Village of East Troy	35	$435,000
Village of Eagle	18	$435,000
Town of Troy	16	$434,950
Town of Delavan	66	$424,136
Town of Wheatland	20	$422,500
Village of Twin Lakes	76	$415,000
Town of Sugar Creek	40	$397,500
Town of Darien	12	$396,500
Village of Walworth	42	$384,450
City of Burlington	96	$360,500
Town of Burlington	88	$355,500
City of Elkhorn	98	$355,500
Village of Genoa City	29	$349,900
Village of Palmyra	11	$346,000
City of Whitewater	94	$339,900
City of Delavan	96	$338,250
Village of Darien	17	$335,000
Town of Bloomfield	17	$325,000
Village of Bloomfield	56	$315,200
Village of Sharon	14	$242,500

The paired names matter more than anything else on this page. The Town of Delavan ran $424,136 against $338,250 in the City of Delavan, a difference of $85,886 between two jurisdictions sharing a name and a post office. The Town of Bloomfield ran $9,800 above the Village. The Town and City of Burlington came within $5,000 of each other.

The Town of Linn holds the top median at $1,379,000 on 39 sales, which is the south shore of Geneva Lake. The Town of La Grange at $830,000 carries the Lauderdale Lakes chain.

We use a 10-sale floor on this table rather than the 3-sale floor used in the monthly market update. A valuation page should not publish a median that one transaction can move, and the jurisdiction field in the MLS carries occasional entry errors that cluster in the smallest samples.

Why local values held while the state loosened

Three inventory numbers for September 2026 ran in three different directions.

Market	Active inventory, year over year
Walworth County	-9.3%
United States	+5.6%
Wisconsin	+20.3%

Walworth County counted 516 active listings in September 2026 against 569 a year earlier, according to ResiClub's analysis of Realtor.com data published October 8. In September 2019 the same county counted 905.

Wisconsin statewide active inventory ran 20.3 percent above a year earlier in September, up from 9.2 percent growth the September before. National active listings rose 5.6 percent and sit 5.2 percent below pre-pandemic 2019 levels.

The Milwaukee metro counted 3,593 active listings, 9.8 percent above last year and still 34.8 percent below its pre-pandemic household-adjusted level. Chicago, which supplies much of the second-home traffic here, ran 5.3 percent below last year and 62.2 percent below pre-pandemic.

Statewide, the Wisconsin REALTORS Association reported August existing home sales down 8.3 percent year over year with the median at $362,000, and its affordability index at the lowest reading since tracking began in 2009. The association's September report had not been released as of October 11. Zillow's Wisconsin home value index ran 5.1 percent above last year in August.

A state figure built on markets loosening by 20 percent will not price a county where listings fell 9 percent.

What financing and carrying costs look like right now

Rates moved against buyers through September and into October. Mortgage News Daily put the 30-year fixed national average at 7.56 percent on October 6, with the 15-year at 7.22 percent and the 30-year jumbo at 7.70 percent. The 10-year Treasury closed at 5.2846. Freddie Mac reported 7.28 percent that week and 7.40 percent the following week, roughly 1.1 points above a year earlier.

Adjustable-rate mortgages rose to 10.3 percent of applications in early October, their highest share in a year, per the Mortgage Bankers Association. ARM pricing ran near 6.56 percent against 7.28 percent fixed.

Carrying costs moved too. The average US home insurance premium reached a record $209 per month, up 8.7 percent year over year and roughly 80 percent since 2020, per Intercontinental Exchange. Federal flood maps were also redrawn, so more homes with federally backed mortgages now require a separate flood policy. For waterfront and low-lying parcels in this region, that is a line item worth confirming before anyone settles on a number.

None of this is a recommendation about loan products or insurance carriers. A lender and a licensed insurance agent price an individual file.

What is on the market now

Segment	Active listings	Median list price
Lakefront	40	$1,689,800
Country	130	$637,450
Lake access	73	$599,900
Town	289	$454,990

Asking prices sit above trailing sold medians in every segment. The widest gap is lake access, where the median list runs $599,900 against a $425,000 trailing sold median. That reflects which specific properties happen to be listed rather than a market-wide markup.

For how long each segment is taking, see how long it takes to sell a home here. 

How we classify a property

Every figure above comes from the MLS record rather than our judgment. Lakefront means the listing carries frontage on the lot and a lake-type body of water. Frontage on a pond, creek, river or stream is recorded as country property. Lake access means deeded rights or access without frontage on the lot. Town means a city or village, and country means a township.

That last one is missed most often. A home with a Delavan mailing address may sit in the City of Delavan or the Town of Delavan, and the two carry medians $85,886 apart.

Frequently asked questions

What is my Lake Geneva area home worth?

It depends most on which segment it sits in. Over the trailing 12 months ending September 30, 2026, the median single-family home sold for $392,000 in cities and villages, $499,900 in townships, $425,000 with lake access, and $1,160,000 with lake frontage. Those medians cover 1,819 sales. A specific value requires comparable sales on your street rather than a regional figure.

How much more is a lakefront home worth near Lake Geneva?

The lakefront median of $1,160,000 over the trailing 12 months is 2.96 times the town median of $392,000, on 133 lakefront sales. Per square foot, lakefront runs $475 against $226 in town. Lakefront also takes longer to sell, a median 31 days, and closes at 96.5 percent of original list price against 100.0 percent in town.

Does a boat slip add value to a lake access home?

Lake access single-family homes with a slip, dock or pier recorded a $726,250 median over the trailing 12 months on 66 sales, against $392,500 on 166 sales without one. That gap of $333,750 is an association rather than an appraisal adjustment, since slip properties also tend to sit closer to the water on larger lots. It does show that slip and non-slip lake access homes trade in separate price tiers.

What are Geneva National and Abbey Springs condominiums worth?

Golf-community condominiums recorded a $617,750 median over the trailing 12 months on 98 sales, the highest of any condominium type in the region. Many are detached homes recorded as land condominiums under Wisconsin structure. January through September 2026 the segment ran $618,000 against $490,000 in the same period of 2025, an increase of 26.1 percent.

Which towns near Lake Geneva have the highest home values?

Over the trailing 12 months the Town of Linn led at a $1,379,000 median on 39 sales, followed by the Town of La Grange at $830,000 and the Village of Fontana at $785,000. The City of Lake Geneva ran $575,512 on 135 sales, the largest sample in the region. The Village of Sharon was lowest among the 40 jurisdictions at $242,500.

Why is Walworth County inventory falling while Wisconsin inventory rises?

September 2026 active listings in Walworth County ran 516 against 569 a year earlier, down 9.3 percent, per ResiClub's analysis of Realtor.com data. Wisconsin statewide active inventory ran 20.3 percent above last year, and national listings rose 5.6 percent. Local supply tightened while the state and nation loosened, which is why statewide figures will not price a home in this county.

Why do the City of Delavan and the Town of Delavan have different values?

They are separate jurisdictions sharing a name and a post office. Over the trailing 12 months the Town of Delavan recorded a $424,136 median on 66 sales against $338,250 on 96 sales in the City, a difference of $85,886. The same pattern appears in Burlington, Whitewater, East Troy, Bloomfield and Walworth, which is why we report them separately.

Find out what your property is worth

A segment median tells you which tier your home sits in. It will not tell you what a buyer pays for your specific lot, frontage, slip rights, or condition.

Request a property valuation, or call or text (262) 325-9867. You get a written comparative market analysis using comparable sales on your lake or in your subdivision, the competing inventory, and a pricing range with the reasoning behind it. More about Kim and Joel.