Market Overview
Home Prices in Waunakee, WI
The median home value in Waunakee, WI is $593,595 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.8% compared to a year ago and up 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Waunakee are priced45% above average. Waunakee is part of the Madison, WI metro area.
Over the past five years, Waunakee home values have risen by approximately30.8%, reflecting strong long-term appreciation in this market.
Price History
Waunakee Home Price Trend
City Comparison
Waunakee vs. National Median
At $593,595, homes in Waunakee cost 45% above the national median of $410,000. Buyers in Waunakee should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Waunakee?
20% Down Payment
$118,719
on $593,595
Monthly P&I
$3,096/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,932/mo
incl. taxes & insurance
Income Needed
$157,280
gross annual (30% rule)
10% Down Option
$59,360
+ PMI applies
Loan Amount (20% dn)
$474,876
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 Waunakee, WI?
The median home value in Waunakee is $593,595 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.8% year-over-year.
How much have home prices changed in Waunakee?
Over the past year, home values in Waunakee have increased by 1.8%. Over five years, prices have risen approximately 30.8%.
How much do I need to earn to buy a home in Waunakee?
To comfortably afford the median home price of $593,595 with a 20% down payment ($118,719) at today's rates (6.8%), you'd need a gross annual income of approximately $157,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Waunakee compare to the national average home price?
The national median home value is approximately $410,000. At $593,595, homes in Waunakee are 45% above the national average.
What metro area is Waunakee part of?
Waunakee is part of the Madison, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.