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STAR LAKE, WI 54561

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

Market Analysis

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

The STAR LAKE, WI real estate market (54561) currently shows 1 active listings, with 1 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 44 days on market compared to 24 days last year.

The median listing price has fallen 40% year-over-year, from $2,997,000 to $1,797,000.

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 Context

Market Context

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

Typical home value: $0  ·  Homeownership: 100.0%

Market Overview

Active Listings
1
vs 1 last year
Pending
1
100% pending ratio
Median Price
$1,797,000
⇩ 40% vs $2,997,000 last year
Average Price
$1,797,000
⇩ 40% vs $2,997,000 last year
Days on Market
44
⇧ 83.3% vs 24 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 44 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $1,797,000 (-40% YoY)
  • Average: $1,797,000 (-40% 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 37.0 miles — 207 listings ($121,716,243 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 mi3$2,202,000$734,000$734,000
54558Saint Germain, WI 5455810.3 mi10$5,588,390$467,000$558,839
54521Eagle River, WI 5452114.7 mi45$39,965,175$429,250$888,115
54557Presque Isle, WI 5455717.3 mi10$6,411,770$630,375$641,177
54545Manitowish Waters, WI 5454519.0 mi3$5,149,800$349,900$1,716,600
54548Minocqua, WI 5454822.6 mi37$28,978,363$610,725$783,199
49947Marenisco, MI 4994725.4 mi10$4,166,390$269,500$416,639
54531Hazelhurst, WI 5453127.1 mi3$1,348,500$449,500$449,500
54501Rhinelander, WI 5450129.0 mi47$15,180,765$231,975$322,995
49912Bruce Crossing, MI 4991231.8 mi1$149,000$149,000$149,000
49935Iron River, MI 4993535.4 mi33$11,534,622$187,000$349,534
54542Long Lake, WI 5454237.0 mi4$716,468$177,450$179,117

Frequently Asked Questions

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

As of June 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 $1,797,000 as of June 2026, a 40% decrease from $2,997,000 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 44 days on the market before going under contract, compared to 24 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 June 2026, STAR LAKE, WI 54561 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 44 days on market compared to 24 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 $35,940 compared to a typical 5% commission on the median listing price of $1,797,000. 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.