Market Overview
Home Prices in Powers Lake, WI
The median home value in Powers Lake, WI is $440,497 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and up 5.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Powers Lake are priced7% above average. Powers Lake is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Powers Lake home values have risen by approximately32.6%, reflecting strong long-term appreciation in this market.
Price History
Powers Lake Home Price Trend
City Comparison
Powers Lake vs. National Median
At $440,497, homes in Powers Lake cost 7% above the national median of $410,000. Buyers in Powers Lake should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Powers Lake?
20% Down Payment
$88,099
on $440,497
Monthly P&I
$2,297/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,917/mo
incl. taxes & insurance
Income Needed
$116,680
gross annual (30% rule)
10% Down Option
$44,050
+ PMI applies
Loan Amount (20% dn)
$352,398
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Powers Lake, WI?
The median home value in Powers Lake is $440,497 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Powers Lake?
Over the past year, home values in Powers Lake have increased by 4.4%. Over five years, prices have risen approximately 32.6%.
How much do I need to earn to buy a home in Powers Lake?
To comfortably afford the median home price of $440,497 with a 20% down payment ($88,099) at today's rates (6.8%), you'd need a gross annual income of approximately $116,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Powers Lake compare to the national average home price?
The national median home value is approximately $410,000. At $440,497, homes in Powers Lake are 7% above the national average.
What metro area is Powers Lake part of?
Powers Lake is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.