Data as of September 2026. Source: Realtor.com.
The MANITOWISH WATERS, WI real estate market (54545) currently shows 22 active listings, with 8 pending sales. Homes are averaging 110 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 110 days on market compared to 93 days last year.
The median listing price has risen 4.8% year-over-year, from $1,725,000 to $1,807,475.
Population: 852 · Density: 6.8/mi² · Median household income: $72,917
Typical home value: $649,076 · Homeownership: 80.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54545 | Manitowish Waters, WI 54545 | 0.0 mi | 3 | $5,149,800 | $349,900 | $1,716,600 |
| 54512 | Boulder Junction, WI 54512 | 9.2 mi | 3 | $2,773,500 | $924,500 | $924,500 |
| 54547 | Mercer, WI 54547 | 12.5 mi | 13 | $5,854,186 | $442,975 | $450,322 |
| 54548 | Minocqua, WI 54548 | 18.7 mi | 37 | $28,978,363 | $610,725 | $783,199 |
| 54558 | Saint Germain, WI 54558 | 22.3 mi | 10 | $5,588,390 | $467,000 | $558,839 |
| 49947 | Marenisco, MI 49947 | 23.4 mi | 10 | $4,166,390 | $269,500 | $416,639 |
| 49959 | Ramsay, MI 49959 | 24.3 mi | 3 | $462,000 | $178,500 | $154,000 |
| 54552 | Park Falls, WI 54552 | 25.1 mi | 30 | $7,527,690 | $191,000 | $250,923 |
| 54539 | Lake Tomahawk, WI 54539 | 26.1 mi | 6 | $3,063,078 | $449,900 | $510,513 |
| 54531 | Hazelhurst, WI 54531 | 26.6 mi | 3 | $1,348,500 | $449,500 | $449,500 |
| 54519 | Conover, WI 54519 | 28.5 mi | 3 | $2,202,000 | $734,000 | $734,000 |
| 54565 | Upson, WI 54565 | 31.0 mi | 1 | $205,000 | $205,000 | $205,000 |
| 54514 | Butternut, WI 54514 | 31.5 mi | 4 | $1,136,800 | $169,450 | $284,200 |
As of September 2026, there are 22 active listings in MANITOWISH WATERS, WI (zip code 54545), compared to 19 the prior year.
The median listing price in MANITOWISH WATERS, WI 54545 is $1,807,475 as of September 2026, a 4.8% increase from $1,725,000 the prior year.
Homes in MANITOWISH WATERS, WI 54545 spend an average of 110 days on the market before going under contract, compared to 93 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MANITOWISH WATERS, WI 54545 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 110 days on market compared to 93 days last year.
With SELL123.com's maximum 3% commission, sellers in MANITOWISH WATERS, WI 54545 save an estimated $36,150 compared to a typical 5% commission on the median listing price of $1,807,475. 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.