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STAR LAKE, WI 54561

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

Market Overview

Active Listings
1
vs 1 last year
Pending
1
100% pending ratio
Median Price
$325,000
⇩ 20.7% vs $410,000 last year
Average Price
$325,000
⇩ 20.7% vs $410,000 last year
Days on Market
60
⇩ 50.4% vs 121 days last year

Market Context

Population: 31  ·  Density: 0.3/mi²  ·  Median household income: $99,375

Typical home value: $0  ·  Homeownership: 100.0%

Market Analysis

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

The STAR LAKE, WI real estate market (54561) currently shows 1 active listings, with 1 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 60 days on market compared to 121 days last year.

The median listing price has fallen 20.7% year-over-year, from $410,000 to $325,000.

Whether you are buying or selling in STAR LAKE, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 60 now vs 121 last year

Median & Average Pricing

Year over Year
  • Median: $325,000 (-20.7% YoY)
  • Average: $325,000 (-20.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 37.0 miles — 215 listings ($117,861,875 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54561Star Lake, WI 545610.0 mi1$325,000$325,000$325,000
54519Conover, WI 545199.5 mi2$1,468,000$734,000$734,000
54558Saint Germain, WI 5455810.3 mi13$7,294,482$492,450$561,114
54521Eagle River, WI 5452114.7 mi51$37,251,828$395,000$730,428
54557Presque Isle, WI 5455717.3 mi11$8,219,937$647,500$747,267
54545Manitowish Waters, WI 5454519.0 mi4$6,866,400$349,900$1,716,600
54548Minocqua, WI 5454822.6 mi35$24,799,250$554,950$708,550
49947Marenisco, MI 4994725.4 mi8$3,035,904$250,000$379,488
54531Hazelhurst, WI 5453127.1 mi3$1,348,500$449,500$449,500
54501Rhinelander, WI 5450129.0 mi51$16,251,558$232,400$318,658
49912Bruce Crossing, MI 4991231.8 mi1$119,000$119,000$119,000
49935Iron River, MI 4993535.4 mi32$10,334,816$175,000$322,963
54542Long Lake, WI 5454237.0 mi3$547,200$182,400$182,400

Frequently Asked Questions

How many homes are for sale in STAR LAKE, WI 54561?

As of January 2026, there are 1 active listings in STAR LAKE, WI (zip code 54561), compared to 1 the prior year.

What is the median home price in STAR LAKE, WI 54561?

The median listing price in STAR LAKE, WI 54561 is $325,000 as of January 2026, a 20.7% decrease from $410,000 the prior year.

How long do homes stay on the market in STAR LAKE, WI?

Homes in STAR LAKE, WI 54561 spend an average of 60 days on the market before going under contract, compared to 121 days the prior year.

Is it a seller's or buyer's market in STAR LAKE, WI 54561?

Based on current inventory and days-on-market data as of January 2026, STAR LAKE, WI 54561 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 60 days on market compared to 121 days last year.

How much can I save on real estate commission in STAR LAKE, WI?

With SELL123.com's maximum 3% commission, sellers in STAR LAKE, WI 54561 save an estimated $6,500 compared to a typical 5% commission on the median listing price of $325,000. 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.