Data as of April 2026. Source: Realtor.com.
The LAKE TOMAHAWK, WI real estate market (54539) currently shows 9 active listings, with 2 pending sales. Homes are averaging 44 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 44 days on market compared to 92 days last year.
The median listing price has fallen 2.7% year-over-year, from $461,725 to $449,450.
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 April 2026, there are 9 active listings in LAKE TOMAHAWK, WI (zip code 54539), compared to 9 the prior year.
The median listing price in LAKE TOMAHAWK, WI 54539 is $449,450 as of April 2026, a 2.7% decrease from $461,725 the prior year.
Homes in LAKE TOMAHAWK, WI 54539 spend an average of 44 days on the market before going under contract, compared to 92 days the prior year.
Based on current inventory and days-on-market data as of April 2026, LAKE TOMAHAWK, WI 54539 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 44 days on market compared to 92 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE TOMAHAWK, WI 54539 save an estimated $8,989 compared to a typical 5% commission on the median listing price of $449,450. 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.