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PRESQUE ISLE, WI 54557

Real Estate Market Report  ·  Vilas County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The PRESQUE ISLE, WI real estate market (54557) currently shows 25 active listings, with 7 pending sales. Homes are averaging 56 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.

The median listing price has fallen 0.8% year-over-year, from $618,625 to $613,725.

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Market Context

Market Context

Population: 1,043  ·  Density: 4.5/mi²  ·  Median household income: $93,984

Typical home value: $396,924  ·  Homeownership: 97.4%

Market Overview

Active Listings
25
⇩ 7.4% vs 27 last year
Pending
7
28% pending ratio
Median Price
$613,725
⇩ 0.8% vs $618,625 last year
Average Price
$658,771
⇩ 8.2% vs $717,460 last year
Days on Market
56
— vs 56 days last year

Price Per Square Foot

Median $/sqft
$275
⇩ 31.6% vs $402/sqft last year
Median Home Size
1,272 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 27 last year
  • Days on market: 56 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $613,725 (-0.8% YoY)
  • Average: $658,771 (-8.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 32.4 miles — 146 listings ($80,456,298 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54557Presque Isle, WI 545570.0 mi10$6,411,770$630,375$641,177
54512Boulder Junction, WI 545129.7 mi3$2,773,500$924,500$924,500
54547Mercer, WI 5454716.6 mi13$5,854,186$442,975$450,322
54540Land O'Lakes, WI 5454018.4 mi4$412,332$64,800$103,083
54568Woodruff, WI 5456819.2 mi27$16,165,899$693,000$598,737
49959Ramsay, MI 4995920.7 mi3$462,000$178,500$154,000
54558Saint Germain, WI 5455824.0 mi10$5,588,390$467,000$558,839
54548Minocqua, WI 5454825.1 mi37$28,978,363$610,725$783,199
54519Conover, WI 5451926.0 mi3$2,202,000$734,000$734,000
49938Ironwood, MI 4993827.1 mi27$7,706,880$216,150$285,440
49910Bergland, MI 4991029.2 mi2$688,900$344,450$344,450
54539Lake Tomahawk, WI 5453929.9 mi6$3,063,078$449,900$510,513
49912Bruce Crossing, MI 4991232.4 mi1$149,000$149,000$149,000

Frequently Asked Questions

How many homes are for sale in PRESQUE ISLE, WI 54557?

As of September 2026, there are 25 active listings in PRESQUE ISLE, WI (zip code 54557), compared to 27 the prior year.

What is the median home price in PRESQUE ISLE, WI 54557?

The median listing price in PRESQUE ISLE, WI 54557 is $613,725 as of September 2026, a 0.8% decrease from $618,625 the prior year.

How long do homes stay on the market in PRESQUE ISLE, WI?

Homes in PRESQUE ISLE, WI 54557 spend an average of 56 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in PRESQUE ISLE, WI 54557?

Based on current inventory and days-on-market data as of September 2026, PRESQUE ISLE, WI 54557 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

How much can I save on real estate commission in PRESQUE ISLE, WI?

With SELL123.com's maximum 3% commission, sellers in PRESQUE ISLE, WI 54557 save an estimated $12,275 compared to a typical 5% commission on the median listing price of $613,725. 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.