Population: 9,681 · Density: 12.9/mi² · Median household income: $71,886
Typical home value: $206,687 · Homeownership: 84.9%
Data as of January 2026. Source: Realtor.com.
The TOMAHAWK, WI real estate market (54487) currently shows 48 active listings, with 17 pending sales. Homes are averaging 128 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 128 days on market compared to 105 days last year.
The median listing price has fallen 28.3% year-over-year, from $487,400 to $349,450.
Whether you are buying or selling in TOMAHAWK, 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 $ |
|---|---|---|---|---|---|---|
| 54487 | Tomahawk, WI 54487 | 0.0 mi | 48 | $20,651,664 | $349,450 | $430,243 |
| 54529 | Harshaw, WI 54529 | 12.8 mi | 9 | $11,087,613 | $349,900 | $1,231,957 |
| 54531 | Hazelhurst, WI 54531 | 17.1 mi | 3 | $1,348,500 | $449,500 | $449,500 |
| 54513 | Brantwood, WI 54513 | 18.6 mi | 1 | $264,900 | $264,900 | $264,900 |
| 54501 | Rhinelander, WI 54501 | 22.4 mi | 51 | $16,251,558 | $232,400 | $318,658 |
| 54470 | Rib Lake, WI 54470 | 23.8 mi | 5 | $1,240,600 | $179,000 | $248,120 |
| 54463 | Pelican Lake, WI 54463 | 25.5 mi | 9 | $4,190,139 | $322,450 | $465,571 |
| 54485 | Summit Lake, WI 54485 | 26.9 mi | 3 | $948,999 | $208,000 | $316,333 |
| 54428 | Elcho, WI 54428 | 28.4 mi | 4 | $1,388,700 | $254,450 | $347,175 |
| 54424 | Deerbrook, WI 54424 | 31.3 mi | 6 | $2,095,728 | $331,175 | $349,288 |
| 54555 | Phillips, WI 54555 | 33.1 mi | 32 | $12,022,528 | $312,450 | $375,704 |
| 54490 | Westboro, WI 54490 | 34.1 mi | 1 | $139,900 | $139,900 | $139,900 |
| 54403 | Wausau, WI 54403 | 34.7 mi | 25 | $8,620,825 | $274,900 | $344,833 |
As of January 2026, there are 48 active listings in TOMAHAWK, WI (zip code 54487), compared to 36 the prior year.
The median listing price in TOMAHAWK, WI 54487 is $349,450 as of January 2026, a 28.3% decrease from $487,400 the prior year.
Homes in TOMAHAWK, WI 54487 spend an average of 128 days on the market before going under contract, compared to 105 days the prior year.
Based on current inventory and days-on-market data as of January 2026, TOMAHAWK, WI 54487 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 128 days on market compared to 105 days last year.
With SELL123.com's maximum 3% commission, sellers in TOMAHAWK, WI 54487 save an estimated $6,989 compared to a typical 5% commission on the median listing price of $349,450. 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.