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WASHINGTON ISLAND, WI 54246

Real Estate Market Report  ·  Door County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The WASHINGTON ISLAND, WI real estate market (54246) currently shows 4 active listings. Homes are averaging 153 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 153 days on market compared to 133 days last year.

The median listing price has fallen 33% year-over-year, from $555,000 to $371,750.

Whether you are buying or selling in WASHINGTON ISLAND, 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: 13.1/mi²  ·  Median household income: $61,875

Typical home value: $256,375  ·  Homeownership: 88.5%

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
0
0% pending ratio
Median Price
$371,750
⇩ 33% vs $555,000 last year
Average Price
$482,967
⇩ 21.1% vs $612,500 last year
Days on Market
153
⇧ 15% vs 133 days last year

Price Per Square Foot

Median $/sqft
$302
⇧ 24.3% vs $243/sqft last year
Median Home Size
1,984 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 5 last year
  • Days on market: 153 now vs 133 last year

Median & Average Pricing

Year over Year
  • Median: $371,750 (-33% YoY)
  • Average: $482,967 (-21.1% 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 45.3 miles — 219 listings ($123,442,518 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54246Washington Island, WI 542460.0 mi4$2,329,268$650,000$582,317
54234Sister Bay, WI 5423416.3 mi14$12,895,442$758,400$921,103
54202Baileys Harbor, WI 5420223.7 mi11$12,044,868$787,450$1,094,988
49894Wells, MI 4989429.5 mi3$409,050$153,050$136,350
49807Bark River, MI 4980730.0 mi4$1,371,352$354,500$342,838
54209Egg Harbor, WI 5420931.1 mi65$30,088,500$398,725$462,900
49812Carney, MI 4981232.9 mi2$974,000$487,000$487,000
49893Wallace, MI 4989334.5 mi1$349,450$349,450$349,450
49837Gladstone, MI 4983735.6 mi23$7,427,459$254,250$322,933
49821Daggett, MI 4982136.9 mi6$2,143,050$374,450$357,175
49878Rapid River, MI 4987840.3 mi13$6,016,166$398,000$462,782
54235Sturgeon Bay, WI 5423543.7 mi71$47,059,013$472,450$662,803
49872Perkins, MI 4987245.3 mi2$334,900$167,450$167,450

Frequently Asked Questions

How many homes are for sale in WASHINGTON ISLAND, WI 54246?

As of March 2026, there are 4 active listings in WASHINGTON ISLAND, WI (zip code 54246), compared to 5 the prior year.

What is the median home price in WASHINGTON ISLAND, WI 54246?

The median listing price in WASHINGTON ISLAND, WI 54246 is $371,750 as of March 2026, a 33% decrease from $555,000 the prior year.

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

Homes in WASHINGTON ISLAND, WI 54246 spend an average of 153 days on the market before going under contract, compared to 133 days the prior year.

Is it a seller's or buyer's market in WASHINGTON ISLAND, WI 54246?

Based on current inventory and days-on-market data as of March 2026, WASHINGTON ISLAND, WI 54246 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 153 days on market compared to 133 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WASHINGTON ISLAND, WI 54246 save an estimated $7,435 compared to a typical 5% commission on the median listing price of $371,750. 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.