Active Listings
9
⇧ 200% vs 3 last year
Population: 1,300 · Density: 9.0/mi² · Median household income: $74,318
Typical home value: $243,706 · Homeownership: 92.8%
Data as of January 2026. Source: Realtor.com.
The LAKE TOMAHAWK, WI real estate market (54539) currently shows 9 active listings, with 2 pending sales. Homes are averaging 75 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are selling faster, averaging 75 days on market compared to 155 days last year.
The median listing price has risen 36.4% year-over-year, from $329,900 to $449,900.
Whether you are buying or selling in LAKE 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 $ |
|---|---|---|---|---|---|---|
| 54539 | Lake Tomahawk, WI 54539 | 0.0 mi | 9 | $4,089,726 | $449,900 | $454,414 |
| 54529 | Harshaw, WI 54529 | 9.8 mi | 9 | $11,087,613 | $349,900 | $1,231,957 |
| 54531 | Hazelhurst, WI 54531 | 11.0 mi | 3 | $1,348,500 | $449,500 | $449,500 |
| 54501 | Rhinelander, WI 54501 | 15.2 mi | 51 | $16,251,558 | $232,400 | $318,658 |
| 54561 | Star Lake, WI 54561 | 19.0 mi | 1 | $325,000 | $325,000 | $325,000 |
| 54512 | Boulder Junction, WI 54512 | 20.4 mi | 4 | $3,698,000 | $924,500 | $924,500 |
| 54487 | Tomahawk, WI 54487 | 22.6 mi | 48 | $20,651,664 | $349,450 | $430,243 |
| 54562 | Three Lakes, WI 54562 | 23.8 mi | 9 | $11,414,997 | $1,474,500 | $1,268,333 |
| 54545 | Manitowish Waters, WI 54545 | 26.1 mi | 4 | $6,866,400 | $349,900 | $1,716,600 |
| 54557 | Presque Isle, WI 54557 | 29.9 mi | 11 | $8,219,937 | $647,500 | $747,267 |
| 54513 | Brantwood, WI 54513 | 30.5 mi | 1 | $264,900 | $264,900 | $264,900 |
| 54435 | Gleason, WI 54435 | 32.2 mi | 8 | $6,495,680 | $410,000 | $811,960 |
| 54485 | Summit Lake, WI 54485 | 33.4 mi | 3 | $948,999 | $208,000 | $316,333 |
As of January 2026, there are 9 active listings in LAKE TOMAHAWK, WI (zip code 54539), compared to 3 the prior year.
The median listing price in LAKE TOMAHAWK, WI 54539 is $449,900 as of January 2026, a 36.4% increase from $329,900 the prior year.
Homes in LAKE TOMAHAWK, WI 54539 spend an average of 75 days on the market before going under contract, compared to 155 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE TOMAHAWK, WI 54539 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 75 days on market compared to 155 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE TOMAHAWK, WI 54539 save an estimated $8,998 compared to a typical 5% commission on the median listing price of $449,900. 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.