Population: 21,174 · Density: 22.3/mi² · Median household income: $64,114
Typical home value: $173,033 · Homeownership: 81.4%
Data as of January 2026. Source: Realtor.com.
The RHINELANDER, WI real estate market (54501) currently shows 51 active listings, with 13 pending sales. Homes are averaging 99 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 99 days on market compared to 76 days last year.
The median listing price has fallen 43.8% year-over-year, from $413,750 to $232,400.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54501 | Rhinelander, WI 54501 | 0.0 mi | 51 | $16,251,558 | $232,400 | $318,658 |
| 54539 | Lake Tomahawk, WI 54539 | 15.2 mi | 9 | $4,089,726 | $449,900 | $454,414 |
| 54562 | Three Lakes, WI 54562 | 16.4 mi | 9 | $11,414,997 | $1,474,500 | $1,268,333 |
| 54521 | Eagle River, WI 54521 | 18.2 mi | 51 | $37,251,828 | $395,000 | $730,428 |
| 54558 | Saint Germain, WI 54558 | 19.7 mi | 13 | $7,294,482 | $492,450 | $561,114 |
| 54520 | Crandon, WI 54520 | 22.0 mi | 16 | $8,854,032 | $401,950 | $553,377 |
| 54487 | Tomahawk, WI 54487 | 22.5 mi | 48 | $20,651,664 | $349,450 | $430,243 |
| 54511 | Argonne, WI 54511 | 25.1 mi | 8 | $3,231,736 | $157,450 | $403,967 |
| 54568 | Woodruff, WI 54568 | 25.6 mi | 29 | $17,042,227 | $687,000 | $587,663 |
| 54548 | Minocqua, WI 54548 | 27.2 mi | 35 | $24,799,250 | $554,950 | $708,550 |
| 54465 | Pickerel, WI 54465 | 28.9 mi | 9 | $5,845,599 | $649,900 | $649,511 |
| 54554 | Phelps, WI 54554 | 30.5 mi | 14 | $15,303,260 | $774,000 | $1,093,090 |
| 54512 | Boulder Junction, WI 54512 | 33.9 mi | 4 | $3,698,000 | $924,500 | $924,500 |
As of January 2026, there are 51 active listings in RHINELANDER, WI (zip code 54501), compared to 53 the prior year.
The median listing price in RHINELANDER, WI 54501 is $232,400 as of January 2026, a 43.8% decrease from $413,750 the prior year.
Homes in RHINELANDER, WI 54501 spend an average of 99 days on the market before going under contract, compared to 76 days the prior year.
Based on current inventory and days-on-market data as of January 2026, RHINELANDER, WI 54501 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 99 days on market compared to 76 days last year.
With SELL123.com's maximum 3% commission, sellers in RHINELANDER, WI 54501 save an estimated $4,648 compared to a typical 5% commission on the median listing price of $232,400. 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.