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ELKHART LAKE, WI 53020

Real Estate Market Report  ·  Sheboygan County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The ELKHART LAKE, WI real estate market (53020) currently shows 20 active listings, with 1 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 63 days on market compared to 54 days last year.

The median listing price has fallen 26.8% year-over-year, from $614,900 to $449,900.

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 Context

Market Context

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

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

Market Overview

Active Listings
20
⇧ 11.1% vs 18 last year
Pending
1
5% pending ratio
Median Price
$449,900
⇩ 26.8% vs $614,900 last year
Average Price
$806,186
⇩ 27.7% vs $1,114,805 last year
Days on Market
63
⇧ 16.7% vs 54 days last year

Price Per Square Foot

Median $/sqft
$338
⇩ 6.1% vs $360/sqft last year
Median Home Size
1,800 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 18 last year
  • Days on market: 63 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $449,900 (-26.8% YoY)
  • Average: $806,186 (-27.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.7 miles — 125 listings ($66,651,107 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
53020Elkhart Lake, WI 530200.0 mi21$20,085,471$493,550$956,451
53023Glenbeulah, WI 530237.3 mi2$1,444,084$619,675$722,042
53073Plymouth, WI 530737.8 mi25$10,873,050$395,000$434,922
54232Saint Nazianz, WI 5423210.9 mi1$309,900$309,900$309,900
53085Sheboygan Falls, WI 5308511.9 mi29$11,444,908$306,000$394,652
53063Newton, WI 5306312.6 mi5$3,423,900$379,900$684,780
54245Valders, WI 5424512.8 mi1$329,900$329,900$329,900
53049Malone, WI 5304913.8 mi9$4,176,054$349,900$464,006
53011Cascade, WI 5301114.5 mi7$3,696,175$377,450$528,025
54207Collins, WI 5420715.4 mi1$224,900$224,900$224,900
53001Adell, WI 5300117.8 mi1$399,900$399,900$399,900
53019Eden, WI 5301918.6 mi13$5,232,565$374,900$402,505
54129Hilbert, WI 5412920.7 mi10$5,010,300$394,900$501,030

Frequently Asked Questions

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

As of March 2026, there are 20 active listings in ELKHART LAKE, WI (zip code 53020), compared to 18 the prior year.

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

The median listing price in ELKHART LAKE, WI 53020 is $449,900 as of March 2026, a 26.8% decrease from $614,900 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 63 days on the market before going under contract, compared to 54 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 March 2026, ELKHART LAKE, WI 53020 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 63 days on market compared to 54 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 $8,998 compared to a typical 5% commission on the median listing price of $449,900. 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.