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PELICAN LAKE, WI 54463

Real Estate Market Report  ·  Oneida County
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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.

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Market Context

Market Context

Population: 754  ·  Density: 3.2/mi²  ·  Median household income: $51,845

Typical home value: $221,660  ·  Homeownership: 73.0%

Market Overview

Active Listings
8
⇩ 20% vs 10 last year
Pending
1
13% pending ratio
Median Price
$525,000
⇩ 13.6% vs $607,500 last year
Average Price
$869,943
⇧ 9.8% vs $791,950 last year
Days on Market
109
⇩ 12.1% vs 124 days last year

Price Per Square Foot

Median $/sqft
$125
⇩ 75.2% vs $505/sqft last year
Median Home Size
1,521 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 10 last year
  • Days on market: 109 now vs 124 last year

Median & Average Pricing

Year over Year
  • Median: $525,000 (-13.6% YoY)
  • Average: $869,943 (+9.8% 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 33.4 miles — 172 listings ($107,829,910 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54463Pelican Lake, WI 544630.0 mi9$4,190,139$245,000$465,571
54485Summit Lake, WI 544858.0 mi3$1,099,251$312,250$366,417
54462Pearson, WI 5446213.5 mi2$643,900$321,950$321,950
54435Gleason, WI 5443515.2 mi9$7,093,890$410,000$788,210
54465Pickerel, WI 5446518.4 mi8$4,847,016$612,400$605,877
54442Irma, WI 5444223.1 mi2$775,000$387,500$387,500
54529Harshaw, WI 5452924.0 mi7$13,929,769$299,900$1,989,967
54487Tomahawk, WI 5448725.5 mi51$22,021,290$339,675$431,790
54409Antigo, WI 5440927.1 mi23$5,268,380$205,725$229,060
54521Eagle River, WI 5452128.2 mi45$39,965,175$429,250$888,115
54491White Lake, WI 5449129.3 mi8$5,981,800$277,450$747,725
54531Hazelhurst, WI 5453131.8 mi3$1,348,500$449,500$449,500
54408Aniwa, WI 5440833.4 mi2$665,800$332,900$332,900

Frequently Asked Questions

How many homes are for sale in PELICAN LAKE, WI 54463?

As of September 2026, there are 8 active listings in PELICAN LAKE, WI (zip code 54463), compared to 10 the prior year.

What is the median home price in PELICAN LAKE, WI 54463?

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.

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

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.

Is it a seller's or buyer's market in PELICAN LAKE, WI 54463?

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.

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

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.