Data as of September 2026. Source: Realtor.com.
The TOMAHAWK, WI real estate market (54487) currently shows 74 active listings, with 24 pending sales. Homes are averaging 61 days on the market before going under contract.
Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 61 days on market compared to 63 days last year.
The median listing price has fallen 19.1% year-over-year, from $451,225 to $364,950.
Population: 9,681 · Density: 12.9/mi² · Median household income: $71,886
Typical home value: $206,687 · Homeownership: 84.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54487 | Tomahawk, WI 54487 | 0.0 mi | 51 | $22,021,290 | $339,675 | $431,790 |
| 54529 | Harshaw, WI 54529 | 12.8 mi | 7 | $13,929,769 | $299,900 | $1,989,967 |
| 54531 | Hazelhurst, WI 54531 | 17.1 mi | 3 | $1,348,500 | $449,500 | $449,500 |
| 54513 | Brantwood, WI 54513 | 18.6 mi | 2 | $347,400 | $173,700 | $173,700 |
| 54501 | Rhinelander, WI 54501 | 22.4 mi | 47 | $15,180,765 | $231,975 | $322,995 |
| 54470 | Rib Lake, WI 54470 | 23.8 mi | 5 | $840,270 | $164,225 | $168,054 |
| 54463 | Pelican Lake, WI 54463 | 25.5 mi | 9 | $4,190,139 | $245,000 | $465,571 |
| 54485 | Summit Lake, WI 54485 | 26.9 mi | 3 | $1,099,251 | $312,250 | $366,417 |
| 54428 | Elcho, WI 54428 | 28.4 mi | 5 | $1,893,460 | $289,000 | $378,692 |
| 54424 | Deerbrook, WI 54424 | 31.3 mi | 3 | $862,350 | $287,450 | $287,450 |
| 54555 | Phillips, WI 54555 | 33.1 mi | 28 | $10,202,864 | $312,000 | $364,388 |
| 54490 | Westboro, WI 54490 | 34.1 mi | 1 | $139,900 | $139,900 | $139,900 |
| 54403 | Wausau, WI 54403 | 34.7 mi | 32 | $10,870,240 | $310,600 | $339,695 |
As of September 2026, there are 74 active listings in TOMAHAWK, WI (zip code 54487), compared to 82 the prior year.
The median listing price in TOMAHAWK, WI 54487 is $364,950 as of September 2026, a 19.1% decrease from $451,225 the prior year.
Homes in TOMAHAWK, WI 54487 spend an average of 61 days on the market before going under contract, compared to 63 days the prior year.
Based on current inventory and days-on-market data as of September 2026, TOMAHAWK, WI 54487 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 61 days on market compared to 63 days last year.
With SELL123.com's maximum 3% commission, sellers in TOMAHAWK, WI 54487 save an estimated $7,299 compared to a typical 5% commission on the median listing price of $364,950. 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.