Data as of April 2026. Source: Realtor.com.
The SUMMIT LAKE, WI real estate market (54485) currently shows 3 active listings, with 1 pending sales. Homes are averaging 141 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 141 days on market compared to 330 days last year.
The median listing price has risen 240.7% year-over-year, from $99,999 to $340,700.
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.
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 April 2026, there are 3 active listings in SUMMIT LAKE, WI (zip code 54485), compared to 1 the prior year.
The median listing price in SUMMIT LAKE, WI 54485 is $340,700 as of April 2026, a 240.7% increase from $99,999 the prior year.
Homes in SUMMIT LAKE, WI 54485 spend an average of 141 days on the market before going under contract, compared to 330 days the prior year.
Based on current inventory and days-on-market data as of April 2026, SUMMIT LAKE, WI 54485 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 141 days on market compared to 330 days last year.
With SELL123.com's maximum 3% commission, sellers in SUMMIT LAKE, WI 54485 save an estimated $6,814 compared to a typical 5% commission on the median listing price of $340,700. 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.