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ELKHART LAKE, WI 53020

Real Estate Market Report  ·  Sheboygan County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
19
⇩ 5% vs 20 last year
Pending
1
5% pending ratio
Median Price
$499,900
⇩ 17.2% vs $603,675 last year
Average Price
$965,943
⇩ 23.9% vs $1,269,145 last year
Days on Market
97
⇧ 12.8% vs 86 days last year

Market Context

Population: 3,589  ·  Density: 22.1/mi²  ·  Median household income: $84,762

Typical home value: $304,100  ·  Homeownership: 84.4%

Market Analysis

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

The ELKHART LAKE, WI real estate market (53020) currently shows 19 active listings, with 1 pending sales. Homes are averaging 97 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 taking longer to sell, averaging 97 days on market compared to 86 days last year.

The median listing price has fallen 17.2% year-over-year, from $603,675 to $499,900.

Whether you are buying or selling in ELKHART LAKE, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 19 this year vs 20 last year
  • Days on market: 97 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $499,900 (-17.2% YoY)
  • Average: $965,943 (-23.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.7 miles — 119 listings ($63,802,372 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53020Elkhart Lake, WI 530200.0 mi19$18,352,917$499,900$965,943
53023Glenbeulah, WI 530237.3 mi4$2,565,068$409,900$641,267
53073Plymouth, WI 530737.8 mi26$14,122,888$397,450$543,188
54232Saint Nazianz, WI 5423210.9 mi1$319,900$319,900$319,900
53085Sheboygan Falls, WI 5308511.9 mi26$9,211,904$310,000$354,304
53063Newton, WI 5306312.6 mi4$1,919,700$477,400$479,925
54245Valders, WI 5424512.8 mi2$659,800$329,900$329,900
53049Malone, WI 5304913.8 mi7$3,701,201$649,900$528,743
53011Cascade, WI 5301114.5 mi6$2,816,598$325,000$469,433
54207Collins, WI 5420715.4 mi1$224,900$224,900$224,900
53001Adell, WI 5300117.8 mi2$674,800$337,400$337,400
53019Eden, WI 5301918.6 mi13$5,301,296$374,900$407,792
54129Hilbert, WI 5412920.7 mi8$3,931,400$394,900$491,425

Frequently Asked Questions

How many homes are for sale in ELKHART LAKE, WI 53020?

As of January 2026, there are 19 active listings in ELKHART LAKE, WI (zip code 53020), compared to 20 the prior year.

What is the median home price in ELKHART LAKE, WI 53020?

The median listing price in ELKHART LAKE, WI 53020 is $499,900 as of January 2026, a 17.2% decrease from $603,675 the prior year.

How long do homes stay on the market in ELKHART LAKE, WI?

Homes in ELKHART LAKE, WI 53020 spend an average of 97 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in ELKHART LAKE, WI 53020?

Based on current inventory and days-on-market data as of January 2026, ELKHART LAKE, WI 53020 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 97 days on market compared to 86 days last year.

How much can I save on real estate commission in ELKHART LAKE, WI?

With SELL123.com's maximum 3% commission, sellers in ELKHART LAKE, WI 53020 save an estimated $9,998 compared to a typical 5% commission on the median listing price of $499,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.