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City / Town Overview

Bayfield, WI

Aggregate real estate market report across all ZIPs in scope
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Bayfield, WI real estate market currently shows 12 active listings, with 2 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 32 days on market compared to 183 days last year.

The median listing price has risen 56.6% year-over-year, from $479,000 to $749,900.

Whether you are buying or selling in Bayfield, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,810  ·  Density: 7.1/mi²  ·  Median household income: $65,769

Typical home value: $224,089  ·  Homeownership: 73.4%

Included Areas

Bayfield: 54814

Area Map

Market Overview

Active Listings
12
⇩ 7.7% vs 13 last year
Pending
2
17% pending ratio
Median Price
$749,900
⇧ 56.6% vs $479,000 last year
Average Price
$768,916
⇧ 27.2% vs $604,474 last year
Days on Market
32
⇩ 82.5% vs 183 days last year

Price Per Square Foot

Median $/sqft
$344
⇧ 35.4% vs $254/sqft last year
Median Home Size
1,503 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %