Active Listings
3
⇧ 50% vs 2 last year
Population: 382 · Density: 6.6/mi² · Median household income: $63,250
Typical home value: $217,872 · Homeownership: 100.0%
Data as of January 2026. Source: Realtor.com.
The SUMMIT LAKE, WI real estate market (54485) currently shows 3 active listings. Homes are averaging 127 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 127 days on market compared to 203 days last year.
The median listing price has risen 60.6% year-over-year, from $129,500 to $208,000.
Whether you are buying or selling in SUMMIT 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54485 | Summit Lake, WI 54485 | 0.0 mi | 3 | $948,999 | $208,000 | $316,333 |
| 54424 | Deerbrook, WI 54424 | 7.7 mi | 6 | $2,095,728 | $331,175 | $349,288 |
| 54462 | Pearson, WI 54462 | 10.6 mi | 1 | $324,225 | $324,225 | $324,225 |
| 54465 | Pickerel, WI 54465 | 16.3 mi | 9 | $5,845,599 | $649,900 | $649,511 |
| 54520 | Crandon, WI 54520 | 17.4 mi | 16 | $8,854,032 | $401,950 | $553,377 |
| 54501 | Rhinelander, WI 54501 | 19.3 mi | 51 | $16,251,558 | $232,400 | $318,658 |
| 54430 | Elton, WI 54430 | 23.9 mi | 1 | $90,000 | $90,000 | $90,000 |
| 54408 | Aniwa, WI 54408 | 25.6 mi | 1 | $254,900 | $254,900 | $254,900 |
| 54450 | Mattoon, WI 54450 | 28.3 mi | 1 | $92,000 | $92,000 | $92,000 |
| 54403 | Wausau, WI 54403 | 28.9 mi | 25 | $8,620,825 | $274,900 | $344,833 |
| 54541 | Laona, WI 54541 | 29.2 mi | 7 | $2,376,150 | $274,900 | $339,450 |
| 54175 | Townsend, WI 54175 | 29.6 mi | 5 | $2,578,750 | $329,900 | $515,750 |
| 54452 | Merrill, WI 54452 | 29.6 mi | 38 | $8,286,128 | $204,900 | $218,056 |
As of January 2026, there are 3 active listings in SUMMIT LAKE, WI (zip code 54485), compared to 2 the prior year.
The median listing price in SUMMIT LAKE, WI 54485 is $208,000 as of January 2026, a 60.6% increase from $129,500 the prior year.
Homes in SUMMIT LAKE, WI 54485 spend an average of 127 days on the market before going under contract, compared to 203 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SUMMIT LAKE, WI 54485 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 127 days on market compared to 203 days last year.
With SELL123.com's maximum 3% commission, sellers in SUMMIT LAKE, WI 54485 save an estimated $4,160 compared to a typical 5% commission on the median listing price of $208,000. 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.