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EAGLE RIVER, WI 54521

Real Estate Market Report  ·  Vilas County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
51
⇧ 15.9% vs 44 last year
Pending
9
18% pending ratio
Median Price
$395,000
⇩ 33.8% vs $597,000 last year
Average Price
$730,428
⇩ 31.3% vs $1,062,751 last year
Days on Market
129
⇧ 16.2% vs 111 days last year

Market Context

Population: 8,424  ·  Density: 17.3/mi²  ·  Median household income: $68,850

Typical home value: $249,679  ·  Homeownership: 83.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The EAGLE RIVER, WI real estate market (54521) currently shows 51 active listings, with 9 pending sales. Homes are averaging 129 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 129 days on market compared to 111 days last year.

The median listing price has fallen 33.8% year-over-year, from $597,000 to $395,000.

Whether you are buying or selling in EAGLE RIVER, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 51 this year vs 44 last year
  • Days on market: 129 now vs 111 last year

Median & Average Pricing

Year over Year
  • Median: $395,000 (-33.8% YoY)
  • Average: $730,428 (-31.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 33.5 miles — 203 listings ($150,179,169 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54521Eagle River, WI 545210.0 mi51$37,251,828$395,000$730,428
54562Three Lakes, WI 5456211.1 mi9$11,414,997$1,474,500$1,268,333
54554Phelps, WI 5455413.3 mi14$15,303,260$774,000$1,093,090
54539Lake Tomahawk, WI 5453917.2 mi9$4,089,726$449,900$454,414
54501Rhinelander, WI 5450118.2 mi51$16,251,558$232,400$318,658
49969Watersmeet, MI 4996922.9 mi8$29,632,000$3,900,000$3,704,000
54511Argonne, WI 5451124.4 mi8$3,231,736$157,450$403,967
54529Harshaw, WI 5452925.6 mi9$11,087,613$349,900$1,231,957
54463Pelican Lake, WI 5446328.2 mi9$4,190,139$322,450$465,571
54520Crandon, WI 5452030.7 mi16$8,854,032$401,950$553,377
49915Caspian, MI 4991531.8 mi4$418,720$114,900$104,680
54538Lac Du Flambeau, WI 5453832.0 mi11$7,064,860$483,000$642,260
54428Elcho, WI 5442833.5 mi4$1,388,700$254,450$347,175

Frequently Asked Questions

How many homes are for sale in EAGLE RIVER, WI 54521?

As of January 2026, there are 51 active listings in EAGLE RIVER, WI (zip code 54521), compared to 44 the prior year.

What is the median home price in EAGLE RIVER, WI 54521?

The median listing price in EAGLE RIVER, WI 54521 is $395,000 as of January 2026, a 33.8% decrease from $597,000 the prior year.

How long do homes stay on the market in EAGLE RIVER, WI?

Homes in EAGLE RIVER, WI 54521 spend an average of 129 days on the market before going under contract, compared to 111 days the prior year.

Is it a seller's or buyer's market in EAGLE RIVER, WI 54521?

Based on current inventory and days-on-market data as of January 2026, EAGLE RIVER, WI 54521 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 129 days on market compared to 111 days last year.

How much can I save on real estate commission in EAGLE RIVER, WI?

With SELL123.com's maximum 3% commission, sellers in EAGLE RIVER, WI 54521 save an estimated $7,900 compared to a typical 5% commission on the median listing price of $395,000. 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.