Data as of March 2026. Source: Realtor.com.
The PHELPS, WI real estate market (54554) currently shows 11 active listings, with 4 pending sales. Homes are averaging 62 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 62 days on market compared to 93 days last year.
The median listing price has risen 92.1% year-over-year, from $379,900 to $729,892.
Whether you are buying or selling in PHELPS, 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: 1,103 · Density: 5.3/mi² · Median household income: $54,750
Typical home value: $212,590 · Homeownership: 87.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54554 | Phelps, WI 54554 | 0.0 mi | 11 | $11,164,725 | $604,700 | $1,014,975 |
| 54521 | Eagle River, WI 54521 | 13.3 mi | 45 | $39,965,175 | $429,250 | $888,115 |
| 54540 | Land O'Lakes, WI 54540 | 16.8 mi | 4 | $412,332 | $64,800 | $103,083 |
| 49935 | Iron River, MI 49935 | 17.9 mi | 33 | $11,534,622 | $187,000 | $349,534 |
| 54561 | Star Lake, WI 54561 | 19.4 mi | 1 | $325,000 | $325,000 | $325,000 |
| 54558 | Saint Germain, WI 54558 | 22.8 mi | 10 | $5,588,390 | $467,000 | $558,839 |
| 54511 | Argonne, WI 54511 | 25.4 mi | 9 | $4,327,317 | $298,425 | $480,813 |
| 54539 | Lake Tomahawk, WI 54539 | 30.1 mi | 6 | $3,063,078 | $449,900 | $510,513 |
| 54501 | Rhinelander, WI 54501 | 30.5 mi | 47 | $15,180,765 | $231,975 | $322,995 |
| 49912 | Bruce Crossing, MI 49912 | 31.1 mi | 1 | $149,000 | $149,000 | $149,000 |
| 49903 | Amasa, MI 49903 | 33.6 mi | 8 | $1,412,808 | $139,900 | $176,601 |
| 54557 | Presque Isle, WI 54557 | 35.1 mi | 10 | $6,411,770 | $630,375 | $641,177 |
| 49947 | Marenisco, MI 49947 | 36.5 mi | 10 | $4,166,390 | $269,500 | $416,639 |
As of March 2026, there are 11 active listings in PHELPS, WI (zip code 54554), compared to 9 the prior year.
The median listing price in PHELPS, WI 54554 is $729,892 as of March 2026, a 92.1% increase from $379,900 the prior year.
Homes in PHELPS, WI 54554 spend an average of 62 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 March 2026, PHELPS, WI 54554 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 62 days on market compared to 93 days last year.
With SELL123.com's maximum 3% commission, sellers in PHELPS, WI 54554 save an estimated $14,598 compared to a typical 5% commission on the median listing price of $729,892. 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.