Data as of April 2026. Source: Realtor.com.
The THREE LAKES, WI real estate market (54562) currently shows 8 active listings, with 3 pending sales. Homes are averaging 39 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 39 days on market compared to 76 days last year.
The median listing price has risen 219.1% year-over-year, from $496,750 to $1,585,000.
Whether you are buying or selling in THREE LAKES, 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: 1,880 · Density: 5.0/mi² · Median household income: $53,625
Typical home value: $295,344 · Homeownership: 89.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54562 | Three Lakes, WI 54562 | 0.0 mi | 6 | $7,746,300 | $1,675,000 | $1,291,050 |
| 54511 | Argonne, WI 54511 | 13.5 mi | 9 | $4,327,317 | $298,425 | $480,813 |
| 54554 | Phelps, WI 54554 | 16.9 mi | 11 | $11,164,725 | $604,700 | $1,014,975 |
| 54519 | Conover, WI 54519 | 19.0 mi | 3 | $2,202,000 | $734,000 | $734,000 |
| 54558 | Saint Germain, WI 54558 | 21.5 mi | 10 | $5,588,390 | $467,000 | $558,839 |
| 54539 | Lake Tomahawk, WI 54539 | 23.8 mi | 6 | $3,063,078 | $449,900 | $510,513 |
| 54428 | Elcho, WI 54428 | 26.3 mi | 5 | $1,893,460 | $289,000 | $378,692 |
| 54540 | Land O'Lakes, WI 54540 | 27.8 mi | 4 | $412,332 | $64,800 | $103,083 |
| 54120 | Fence, WI 54120 | 28.7 mi | 2 | $567,500 | $283,750 | $283,750 |
| 49927 | Gaastra, MI 49927 | 29.3 mi | 1 | $69,900 | $69,900 | $69,900 |
| 54485 | Summit Lake, WI 54485 | 29.6 mi | 3 | $1,099,251 | $312,250 | $366,417 |
| 54103 | Armstrong Creek, WI 54103 | 30.3 mi | 1 | $199,900 | $199,900 | $199,900 |
| 49969 | Watersmeet, MI 49969 | 30.7 mi | 7 | $30,728,600 | $3,900,000 | $4,389,800 |
As of April 2026, there are 8 active listings in THREE LAKES, WI (zip code 54562), compared to 13 the prior year.
The median listing price in THREE LAKES, WI 54562 is $1,585,000 as of April 2026, a 219.1% increase from $496,750 the prior year.
Homes in THREE LAKES, WI 54562 spend an average of 39 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 April 2026, THREE LAKES, WI 54562 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 39 days on market compared to 76 days last year.
With SELL123.com's maximum 3% commission, sellers in THREE LAKES, WI 54562 save an estimated $31,700 compared to a typical 5% commission on the median listing price of $1,585,000. 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.