Active Listings
19
⇩ 17.4% vs 23 last year
Data as of July 2026. Source: Realtor.com.
The THREE LAKES, WI real estate market (54562) currently shows 19 active listings, with 7 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 46 days on market compared to 38 days last year.
The median listing price has fallen 7.9% year-over-year, from $644,450 to $593,425.
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 July 2026, there are 19 active listings in THREE LAKES, WI (zip code 54562), compared to 23 the prior year.
The median listing price in THREE LAKES, WI 54562 is $593,425 as of July 2026, a 7.9% decrease from $644,450 the prior year.
Homes in THREE LAKES, WI 54562 spend an average of 46 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of July 2026, THREE LAKES, WI 54562 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in THREE LAKES, WI 54562 save an estimated $11,869 compared to a typical 5% commission on the median listing price of $593,425. 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.