Data as of September 2026. Source: Realtor.com.
The THREE LAKES, WI real estate market (54562) currently shows 16 active listings, with 8 pending sales. Homes are averaging 70 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 70 days on market compared to 63 days last year.
The median listing price has fallen 2.4% year-over-year, from $594,900 to $580,725.
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 September 2026, there are 16 active listings in THREE LAKES, WI (zip code 54562), compared to 15 the prior year.
The median listing price in THREE LAKES, WI 54562 is $580,725 as of September 2026, a 2.4% decrease from $594,900 the prior year.
Homes in THREE LAKES, WI 54562 spend an average of 70 days on the market before going under contract, compared to 63 days the prior year.
Based on current inventory and days-on-market data as of September 2026, THREE LAKES, WI 54562 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 70 days on market compared to 63 days last year.
With SELL123.com's maximum 3% commission, sellers in THREE LAKES, WI 54562 save an estimated $11,615 compared to a typical 5% commission on the median listing price of $580,725. 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.