Data as of June 2026. Source: Realtor.com.
The LAKE TOMAHAWK, WI real estate market (54539) currently shows 16 active listings, with 5 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 69 days on market compared to 38 days last year.
The median listing price has risen 2.6% year-over-year, from $486,975 to $499,450.
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.
Population: 1,300 · Density: 9.0/mi² · Median household income: $74,318
Typical home value: $243,706 · Homeownership: 92.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54539 | Lake Tomahawk, WI 54539 | 0.0 mi | 6 | $3,063,078 | $449,900 | $510,513 |
| 54529 | Harshaw, WI 54529 | 9.8 mi | 7 | $13,929,769 | $299,900 | $1,989,967 |
| 54531 | Hazelhurst, WI 54531 | 11.0 mi | 3 | $1,348,500 | $449,500 | $449,500 |
| 54501 | Rhinelander, WI 54501 | 15.2 mi | 47 | $15,180,765 | $231,975 | $322,995 |
| 54561 | Star Lake, WI 54561 | 19.0 mi | 1 | $325,000 | $325,000 | $325,000 |
| 54512 | Boulder Junction, WI 54512 | 20.4 mi | 3 | $2,773,500 | $924,500 | $924,500 |
| 54487 | Tomahawk, WI 54487 | 22.6 mi | 51 | $22,021,290 | $339,675 | $431,790 |
| 54562 | Three Lakes, WI 54562 | 23.8 mi | 6 | $7,746,300 | $1,675,000 | $1,291,050 |
| 54545 | Manitowish Waters, WI 54545 | 26.1 mi | 3 | $5,149,800 | $349,900 | $1,716,600 |
| 54557 | Presque Isle, WI 54557 | 29.9 mi | 10 | $6,411,770 | $630,375 | $641,177 |
| 54513 | Brantwood, WI 54513 | 30.5 mi | 2 | $347,400 | $173,700 | $173,700 |
| 54435 | Gleason, WI 54435 | 32.2 mi | 9 | $7,093,890 | $410,000 | $788,210 |
| 54485 | Summit Lake, WI 54485 | 33.4 mi | 3 | $1,099,251 | $312,250 | $366,417 |
As of June 2026, there are 16 active listings in LAKE TOMAHAWK, WI (zip code 54539), compared to 13 the prior year.
The median listing price in LAKE TOMAHAWK, WI 54539 is $499,450 as of June 2026, a 2.6% increase from $486,975 the prior year.
Homes in LAKE TOMAHAWK, WI 54539 spend an average of 69 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of June 2026, LAKE TOMAHAWK, WI 54539 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE TOMAHAWK, WI 54539 save an estimated $9,989 compared to a typical 5% commission on the median listing price of $499,450. 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.