Active Listings
14
⇧ 55.6% vs 9 last year
Population: 1,103 · Density: 5.3/mi² · Median household income: $54,750
Typical home value: $212,590 · Homeownership: 87.2%
Data as of January 2026. Source: Realtor.com.
The PHELPS, WI real estate market (54554) currently shows 14 active listings, with 4 pending sales. Homes are averaging 89 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 89 days on market compared to 76 days last year.
The median listing price has risen 198.8% year-over-year, from $259,000 to $774,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54554 | Phelps, WI 54554 | 0.0 mi | 14 | $15,303,260 | $774,000 | $1,093,090 |
| 54521 | Eagle River, WI 54521 | 13.3 mi | 51 | $37,251,828 | $395,000 | $730,428 |
| 54540 | Land O'Lakes, WI 54540 | 16.8 mi | 4 | $1,139,200 | $64,900 | $284,800 |
| 49935 | Iron River, MI 49935 | 17.9 mi | 32 | $10,334,816 | $175,000 | $322,963 |
| 54561 | Star Lake, WI 54561 | 19.4 mi | 1 | $325,000 | $325,000 | $325,000 |
| 54558 | Saint Germain, WI 54558 | 22.8 mi | 13 | $7,294,482 | $492,450 | $561,114 |
| 54511 | Argonne, WI 54511 | 25.4 mi | 8 | $3,231,736 | $157,450 | $403,967 |
| 54539 | Lake Tomahawk, WI 54539 | 30.1 mi | 9 | $4,089,726 | $449,900 | $454,414 |
| 54501 | Rhinelander, WI 54501 | 30.5 mi | 51 | $16,251,558 | $232,400 | $318,658 |
| 49912 | Bruce Crossing, MI 49912 | 31.1 mi | 1 | $119,000 | $119,000 | $119,000 |
| 49903 | Amasa, MI 49903 | 33.6 mi | 9 | $1,539,774 | $139,900 | $171,086 |
| 54520 | Crandon, WI 54520 | 36.4 mi | 16 | $8,854,032 | $401,950 | $553,377 |
| 49920 | Crystal Falls, MI 49920 | 36.9 mi | 23 | $4,398,681 | $164,500 | $191,247 |
As of January 2026, there are 14 active listings in PHELPS, WI (zip code 54554), compared to 9 the prior year.
The median listing price in PHELPS, WI 54554 is $774,000 as of January 2026, a 198.8% increase from $259,000 the prior year.
Homes in PHELPS, WI 54554 spend an average of 89 days on the market before going under contract, compared to 76 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PHELPS, WI 54554 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 89 days on market compared to 76 days last year.
With SELL123.com's maximum 3% commission, sellers in PHELPS, WI 54554 save an estimated $15,480 compared to a typical 5% commission on the median listing price of $774,000. 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.