Data as of March 2026. Source: Realtor.com.
The RHINELANDER, WI real estate market (54501) currently shows 44 active listings, with 27 pending sales. Homes are averaging 82 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 82 days on market compared to 75 days last year.
The median listing price has fallen 31.6% year-over-year, from $329,900 to $225,500.
Whether you are buying or selling in RHINELANDER, 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: 21,174 · Density: 22.3/mi² · Median household income: $64,114
Typical home value: $173,033 · Homeownership: 81.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54501 | Rhinelander, WI 54501 | 0.0 mi | 47 | $15,180,765 | $231,975 | $322,995 |
| 54539 | Lake Tomahawk, WI 54539 | 15.2 mi | 6 | $3,063,078 | $449,900 | $510,513 |
| 54562 | Three Lakes, WI 54562 | 16.4 mi | 6 | $7,746,300 | $1,675,000 | $1,291,050 |
| 54521 | Eagle River, WI 54521 | 18.2 mi | 45 | $39,965,175 | $429,250 | $888,115 |
| 54558 | Saint Germain, WI 54558 | 19.7 mi | 10 | $5,588,390 | $467,000 | $558,839 |
| 54520 | Crandon, WI 54520 | 22.0 mi | 17 | $8,084,299 | $390,475 | $475,547 |
| 54487 | Tomahawk, WI 54487 | 22.5 mi | 51 | $22,021,290 | $339,675 | $431,790 |
| 54511 | Argonne, WI 54511 | 25.1 mi | 9 | $4,327,317 | $298,425 | $480,813 |
| 54568 | Woodruff, WI 54568 | 25.6 mi | 27 | $16,165,899 | $693,000 | $598,737 |
| 54548 | Minocqua, WI 54548 | 27.2 mi | 37 | $28,978,363 | $610,725 | $783,199 |
| 54465 | Pickerel, WI 54465 | 28.9 mi | 8 | $4,847,016 | $612,400 | $605,877 |
| 54554 | Phelps, WI 54554 | 30.5 mi | 11 | $11,164,725 | $604,700 | $1,014,975 |
| 54512 | Boulder Junction, WI 54512 | 33.9 mi | 3 | $2,773,500 | $924,500 | $924,500 |
As of March 2026, there are 44 active listings in RHINELANDER, WI (zip code 54501), compared to 51 the prior year.
The median listing price in RHINELANDER, WI 54501 is $225,500 as of March 2026, a 31.6% decrease from $329,900 the prior year.
Homes in RHINELANDER, WI 54501 spend an average of 82 days on the market before going under contract, compared to 75 days the prior year.
Based on current inventory and days-on-market data as of March 2026, RHINELANDER, WI 54501 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 82 days on market compared to 75 days last year.
With SELL123.com's maximum 3% commission, sellers in RHINELANDER, WI 54501 save an estimated $4,510 compared to a typical 5% commission on the median listing price of $225,500. 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.