Data as of September 2026. Source: Realtor.com.
The PELICAN LAKE, WI real estate market (54463) currently shows 8 active listings, with 1 pending sales. Homes are averaging 109 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 109 days on market compared to 124 days last year.
The median listing price has fallen 13.6% year-over-year, from $607,500 to $525,000.
Population: 754 · Density: 3.2/mi² · Median household income: $51,845
Typical home value: $221,660 · Homeownership: 73.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54463 | Pelican Lake, WI 54463 | 0.0 mi | 9 | $4,190,139 | $245,000 | $465,571 |
| 54485 | Summit Lake, WI 54485 | 8.0 mi | 3 | $1,099,251 | $312,250 | $366,417 |
| 54462 | Pearson, WI 54462 | 13.5 mi | 2 | $643,900 | $321,950 | $321,950 |
| 54435 | Gleason, WI 54435 | 15.2 mi | 9 | $7,093,890 | $410,000 | $788,210 |
| 54465 | Pickerel, WI 54465 | 18.4 mi | 8 | $4,847,016 | $612,400 | $605,877 |
| 54442 | Irma, WI 54442 | 23.1 mi | 2 | $775,000 | $387,500 | $387,500 |
| 54529 | Harshaw, WI 54529 | 24.0 mi | 7 | $13,929,769 | $299,900 | $1,989,967 |
| 54487 | Tomahawk, WI 54487 | 25.5 mi | 51 | $22,021,290 | $339,675 | $431,790 |
| 54409 | Antigo, WI 54409 | 27.1 mi | 23 | $5,268,380 | $205,725 | $229,060 |
| 54521 | Eagle River, WI 54521 | 28.2 mi | 45 | $39,965,175 | $429,250 | $888,115 |
| 54491 | White Lake, WI 54491 | 29.3 mi | 8 | $5,981,800 | $277,450 | $747,725 |
| 54531 | Hazelhurst, WI 54531 | 31.8 mi | 3 | $1,348,500 | $449,500 | $449,500 |
| 54408 | Aniwa, WI 54408 | 33.4 mi | 2 | $665,800 | $332,900 | $332,900 |
As of September 2026, there are 8 active listings in PELICAN LAKE, WI (zip code 54463), compared to 10 the prior year.
The median listing price in PELICAN LAKE, WI 54463 is $525,000 as of September 2026, a 13.6% decrease from $607,500 the prior year.
Homes in PELICAN LAKE, WI 54463 spend an average of 109 days on the market before going under contract, compared to 124 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PELICAN LAKE, WI 54463 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 109 days on market compared to 124 days last year.
With SELL123.com's maximum 3% commission, sellers in PELICAN LAKE, WI 54463 save an estimated $10,500 compared to a typical 5% commission on the median listing price of $525,000. 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.