Data as of September 2026. Source: Realtor.com.
The SUMMIT LAKE, WI real estate market (54485) currently shows 3 active listings, with 2 pending sales. Homes are averaging 51 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 51 days on market compared to 91 days last year.
The median listing price has risen 41.6% year-over-year, from $335,225 to $474,749.
Population: 382 · Density: 6.6/mi² · Median household income: $63,250
Typical home value: $217,872 · Homeownership: 100.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54485 | Summit Lake, WI 54485 | 0.0 mi | 3 | $1,099,251 | $312,250 | $366,417 |
| 54424 | Deerbrook, WI 54424 | 7.7 mi | 3 | $862,350 | $287,450 | $287,450 |
| 54462 | Pearson, WI 54462 | 10.6 mi | 2 | $643,900 | $321,950 | $321,950 |
| 54465 | Pickerel, WI 54465 | 16.3 mi | 8 | $4,847,016 | $612,400 | $605,877 |
| 54520 | Crandon, WI 54520 | 17.4 mi | 17 | $8,084,299 | $390,475 | $475,547 |
| 54501 | Rhinelander, WI 54501 | 19.3 mi | 47 | $15,180,765 | $231,975 | $322,995 |
| 54491 | White Lake, WI 54491 | 24.7 mi | 8 | $5,981,800 | $277,450 | $747,725 |
| 54487 | Tomahawk, WI 54487 | 26.9 mi | 51 | $22,021,290 | $339,675 | $431,790 |
| 54566 | Wabeno, WI 54566 | 28.5 mi | 6 | $2,247,102 | $349,950 | $374,517 |
| 54529 | Harshaw, WI 54529 | 29.0 mi | 7 | $13,929,769 | $299,900 | $1,989,967 |
| 54511 | Argonne, WI 54511 | 29.5 mi | 9 | $4,327,317 | $298,425 | $480,813 |
| 54562 | Three Lakes, WI 54562 | 29.6 mi | 6 | $7,746,300 | $1,675,000 | $1,291,050 |
| 54414 | Birnamwood, WI 54414 | 30.3 mi | 7 | $2,422,091 | $380,250 | $346,013 |
As of September 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 $474,749 as of September 2026, a 41.6% increase from $335,225 the prior year.
Homes in SUMMIT LAKE, WI 54485 spend an average of 51 days on the market before going under contract, compared to 91 days the prior year.
Based on current inventory and days-on-market data as of September 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 51 days on market compared to 91 days last year.
With SELL123.com's maximum 3% commission, sellers in SUMMIT LAKE, WI 54485 save an estimated $9,495 compared to a typical 5% commission on the median listing price of $474,749. 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.