Population: 648 · Density: 0.9/mi² · Median household income: $45,469
Typical home value: $138,121 · Homeownership: 90.0%
Data as of January 2026. Source: Realtor.com.
The LONG LAKE, WI real estate market (54542) currently shows 3 active listings. Homes are averaging 105 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 105 days on market compared to 104 days last year.
The median listing price has fallen 33.7% year-over-year, from $274,950 to $182,400.
Whether you are buying or selling in LONG LAKE, 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 $ |
|---|---|---|---|---|---|---|
| 54542 | Long Lake, WI 54542 | 0.0 mi | 3 | $547,200 | $182,400 | $182,400 |
| 49927 | Gaastra, MI 49927 | 11.3 mi | 2 | $0 | $0 | $0 |
| 54554 | Phelps, WI 54554 | 18.6 mi | 14 | $15,303,260 | $774,000 | $1,093,090 |
| 49902 | Alpha, MI 49902 | 18.9 mi | 4 | $701,068 | $149,900 | $175,267 |
| 54121 | Florence, WI 54121 | 19.5 mi | 11 | $4,182,970 | $417,500 | $380,270 |
| 49920 | Crystal Falls, MI 49920 | 25.4 mi | 23 | $4,398,681 | $164,500 | $191,247 |
| 54541 | Laona, WI 54541 | 25.7 mi | 7 | $2,376,150 | $274,900 | $339,450 |
| 54520 | Crandon, WI 54520 | 28.2 mi | 16 | $8,854,032 | $401,950 | $553,377 |
| 49903 | Amasa, MI 49903 | 30.8 mi | 9 | $1,539,774 | $139,900 | $171,086 |
| 49969 | Watersmeet, MI 49969 | 32.4 mi | 8 | $29,632,000 | $3,900,000 | $3,704,000 |
| 49801 | Iron Mountain, MI 49801 | 34.0 mi | 30 | $8,864,100 | $186,200 | $295,470 |
| 54501 | Rhinelander, WI 54501 | 34.9 mi | 51 | $16,251,558 | $232,400 | $318,658 |
| 54561 | Star Lake, WI 54561 | 36.9 mi | 1 | $325,000 | $325,000 | $325,000 |
As of January 2026, there are 3 active listings in LONG LAKE, WI (zip code 54542), compared to 5 the prior year.
The median listing price in LONG LAKE, WI 54542 is $182,400 as of January 2026, a 33.7% decrease from $274,950 the prior year.
Homes in LONG LAKE, WI 54542 spend an average of 105 days on the market before going under contract, compared to 104 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LONG LAKE, WI 54542 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 105 days on market compared to 104 days last year.
With SELL123.com's maximum 3% commission, sellers in LONG LAKE, WI 54542 save an estimated $3,648 compared to a typical 5% commission on the median listing price of $182,400. 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.