Pewaukee is where Lake Country meets the Brookfield/Waukesha business corridor. The Village wraps around the east end of Pewaukee Lake with a public beach and lakefront restaurants; the City surrounds it with subdivisions, business parks and quick access to I-94 and Hwy 16. One name, two municipalities — and the difference matters for taxes and services.
Pewaukee at a Glance
County
Waukesha
Typical home value
$550,058
Zillow, Pewaukee, Sept 30, 2026; +1.9% YoY
Median sale price
$556K
Redfin, ZIP 53072, Sept 2026); $520,917 (Redfin city, 3 mo. ending Jun 2026
Village median sold
$428,500
Realtor.com, Sept 2026; +10.7% YoY
Price per sq ft
~$240
Redfin & Realtor.com
Days on market
44
Redfin, Jun 2026); 25 (Village, Realtor.com, Sept 2026
Market: Redfin 53072 Sept 2026 & city 3 mo. ending Jun 2026; Realtor.com Village Sept 2026; Zillow Sept 2026. Taxes: 2025 rates.
City of Pewaukee vs. Village of Pewaukee
| Village of Pewaukee | City of Pewaukee | |
|---|---|---|
| Feel | Small, walkable lakefront downtown | Larger, suburban; subdivisions, business parks, some lakefront |
| Lake | East end of Pewaukee Lake, public beach | Much of Pewaukee Lake's shoreline |
| 2025 effective tax rate* | $10.05 (Pewaukee SD) | $8.98 (Pewaukee SD); $9.39 (Hamilton); $7.72 (Waukesha SD) |
| Schools | Pewaukee School District | Pewaukee SD for most; parts in Hamilton or Waukesha districts |
*Per $1,000 of market value, Waukesha County 2025 rate sheet. Both share the 53072 ZIP code, so check the municipality on the tax bill.
Neighborhoods and Areas
Village Lakefront
Older homes, condos and apartments within walking distance of the beach, Lakefront Park and restaurants on Wisconsin Ave/Main St.
Pewaukee Lake Shoreline (City)
Lakefront homes along the north and south shores, from cottages to luxury rebuilds.
City Subdivisions
Established subdivisions north of the lake and along the Hwy 164/Capitol Dr corridors; newer construction continues on the City's west and north sides.
Home Prices and Market Trends
- Redfin, ZIP 53072, Sept 2026: median sale price $556K, 100.5% sale-to-list.
- Redfin, City of Pewaukee, 3 mo. ending June 2026: $520,917 (–9.4% YoY), $240/sq ft, 44 days on market, 71 sales in June.
- Realtor.com, Village of Pewaukee, Sept 2026: median sold $428,500 (+10.7% YoY), $241/sq ft, 25 days, 102% sale-to-list.
- Resideline, last 12 months (Oct 2026): median closed price $445,450 across 264 closings; middle half $333,000–$695,000.
Appreciation
- 1-year: Zillow typical value +1.9% (Sept 2026).
Property Taxes
| Municipality (school district) | Gross | Net | Effective |
|---|---|---|---|
| Village of Pewaukee (Pewaukee SD) | $12.38 | $10.93 | $10.05 |
| City of Pewaukee (Pewaukee SD) | $10.70 | $9.37 | $8.98 |
| City of Pewaukee (Hamilton SD) | $11.13 | $9.80 | $9.39 |
| City of Pewaukee (Waukesha SD) | $9.39 | $8.05 | $7.72 |
Example: $550,000 in the City (Pewaukee SD) ≈ $4,900/year. Lake district charges may apply on Pewaukee Lake.
Schools
- Pewaukee School District — elementary, middle and Pewaukee High School share one central campus area off Lake Street.
- Some City addresses fall in Hamilton School District (Sussex) or School District of Waukesha.
- Check ratings on the Wisconsin DPI Report Card portal.
Lake, Parks and the Outdoors
- Pewaukee Lake — boating, fishing (well known for muskie and walleye), sailing and ice fishing.
- Pewaukee Lakefront Beach & Park — free public beach, open 7 a.m.–dusk (swim at your own risk).
- Pewaukee River Parkway, Simmons Woods Park and Valley Forge Park.
- Lapham Peak and the Lake Country Trail are ~15 minutes west.
Things to Do and Events
- Pewaukee Kiwanis Beach Party — late June at the lakefront (June 26–27, 2026): music, food, water-ski shows.
- Fourth of July fireworks over the lake and seasonal lakefront events (confirm dates).
- Waukesha County Expo Center events are a short drive south.
Restaurants and Coffee
- The Beach House Bistro — Mediterranean-inspired plates on the lake
- Artisan 179 — upscale American with lake views
- Sunset Grill — casual, boat access
- Doc's Dry Dock — lakeside bar and grill
- Curly's — lakefront spot
- Brewer's Two Café — coffee/café
- Biggby Coffee
Sights and Landmarks
- Pewaukee Lakefront and its sunset views down the lake
- Pewaukee Apple Memorial Orchard
- Historic Village downtown along the lake outlet
Shopping
Groceries and errands along Capitol Dr and Hwy 164; Pewaukee's Lake Country Village area and Brookfield's malls are 10–15 minutes away.
Healthcare
Nearest hospital: ProHealth Waukesha Memorial Hospital (~15 min); several ProHealth and Froedtert clinics in Pewaukee.
Commute Times
| To | Distance | Typical drive |
|---|---|---|
| Brookfield | ~8 mi | ~12–15 min |
| Waukesha | ~7 mi | ~15 min |
| Downtown Milwaukee | ~22 mi | ~30 min |
| Madison | ~65 mi | ~65 min |
Approximate.
Considering Pewaukee?
Whether it's a Village condo by the beach or City lakefront, contact Michael or call (262) 354-2540. Selling? Get a free home valuation.
Pewaukee in Photos
Frequently Asked Questions
What's the difference between the City and the Village of Pewaukee?
They're separate municipalities with their own governments and tax rates. The Village is the small lakefront downtown; the City surrounds it.
Which Pewaukee has lower taxes?
In 2025, the City (Pewaukee SD) had an effective rate of about $8.98 per $1,000 versus $10.05 in the Village. Other school districts within the City vary.
What school district is Pewaukee in?
Most of both municipalities are in the Pewaukee School District, but some City addresses are in Hamilton or Waukesha districts.
How much does a home cost in Pewaukee?
Redfin reported a $556K median sale price for ZIP 53072 in September 2026; Zillow's typical value was $550,058.
Is there a public beach on Pewaukee Lake?
Yes — Pewaukee Lakefront Beach & Park in the Village is free and open 7 a.m. to dusk.
How far is Pewaukee from Milwaukee?
About 30 minutes to downtown Milwaukee by I-94 in normal traffic.
