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LAKEWOOD, WI 54138

Real Estate Market Report  ·  Oconto County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The LAKEWOOD, WI real estate market (54138) currently shows 11 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 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 63 days on market compared to 21 days last year.

The median listing price has risen 84.4% year-over-year, from $329,900 to $608,200.

Whether you are buying or selling in LAKEWOOD, 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: 864  ·  Density: 4.6/mi²  ·  Median household income: $57,679

Typical home value: $183,609  ·  Homeownership: 89.1%

Market Overview

Active Listings
11
⇧ 120% vs 5 last year
Pending
1
9% pending ratio
Median Price
$608,200
⇧ 84.4% vs $329,900 last year
Average Price
$644,077
⇧ 67.4% vs $384,675 last year
Days on Market
63
⇧ 200% vs 21 days last year

Price Per Square Foot

Median $/sqft
$433
⇧ 177.6% vs $156/sqft last year
Median Home Size
1,596 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 5 last year
  • Days on market: 63 now vs 21 last year

Median & Average Pricing

Year over Year
  • Median: $608,200 (+84.4% YoY)
  • Average: $644,077 (+67.4% 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 30.6 miles — 79 listings ($33,716,517 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54138Lakewood, WI 541380.0 mi6$3,793,200$534,450$632,200
54175Townsend, WI 541759.7 mi4$1,808,400$322,175$452,100
54566Wabeno, WI 5456611.9 mi6$2,247,102$349,950$374,517
54491White Lake, WI 5449117.7 mi8$5,981,800$277,450$747,725
54541Laona, WI 5454119.0 mi7$1,784,069$179,450$254,867
54174Suring, WI 5417420.4 mi12$3,534,180$199,975$294,515
54465Pickerel, WI 5446522.5 mi8$4,847,016$612,400$605,877
54102Amberg, WI 5410223.7 mi6$857,520$128,700$142,920
54112Coleman, WI 5411227.1 mi3$549,699$169,900$183,233
54418Bryant, WI 5441828.0 mi2$790,000$395,000$395,000
54124Gillett, WI 5412429.4 mi6$1,680,348$180,000$280,058
54156Pembine, WI 5415630.1 mi7$3,101,931$365,000$443,133
54159Porterfield, WI 5415930.6 mi4$2,741,252$736,950$685,313

Frequently Asked Questions

How many homes are for sale in LAKEWOOD, WI 54138?

As of April 2026, there are 11 active listings in LAKEWOOD, WI (zip code 54138), compared to 5 the prior year.

What is the median home price in LAKEWOOD, WI 54138?

The median listing price in LAKEWOOD, WI 54138 is $608,200 as of April 2026, a 84.4% increase from $329,900 the prior year.

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

Homes in LAKEWOOD, WI 54138 spend an average of 63 days on the market before going under contract, compared to 21 days the prior year.

Is it a seller's or buyer's market in LAKEWOOD, WI 54138?

Based on current inventory and days-on-market data as of April 2026, LAKEWOOD, WI 54138 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 63 days on market compared to 21 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAKEWOOD, WI 54138 save an estimated $12,164 compared to a typical 5% commission on the median listing price of $608,200. 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.