Data as of April 2026. Source: Realtor.com.
The PHELPS, WI real estate market (54554) currently shows 12 active listings, with 5 pending sales. Homes are averaging 68 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 68 days on market compared to 125 days last year.
The median listing price has risen 24.2% year-over-year, from $394,225 to $489,450.
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 April 2026, there are 12 active listings in PHELPS, WI (zip code 54554), compared to 10 the prior year.
The median listing price in PHELPS, WI 54554 is $489,450 as of April 2026, a 24.2% increase from $394,225 the prior year.
Homes in PHELPS, WI 54554 spend an average of 68 days on the market before going under contract, compared to 125 days the prior year.
Based on current inventory and days-on-market data as of April 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 68 days on market compared to 125 days last year.
With SELL123.com's maximum 3% commission, sellers in PHELPS, WI 54554 save an estimated $9,789 compared to a typical 5% commission on the median listing price of $489,450. 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.