Population: 2,810 · Density: 7.1/mi² · Median household income: $65,769
Typical home value: $224,089 · Homeownership: 73.4%
Data as of January 2026. Source: Realtor.com.
The BAYFIELD, WI real estate market (54814) currently shows 9 active listings, with 2 pending sales. Homes are averaging 20 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 selling faster, averaging 20 days on market compared to 147 days last year.
The median listing price has risen 65.9% year-over-year, from $452,000 to $749,900.
Whether you are buying or selling in BAYFIELD, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54814 | Bayfield, WI 54814 | 0.0 mi | 9 | $6,947,469 | $749,900 | $771,941 |
| 54891 | Washburn, WI 54891 | 11.3 mi | 10 | $5,038,440 | $399,000 | $503,844 |
| 54844 | Herbster, WI 54844 | 14.8 mi | 3 | $2,030,901 | $315,000 | $676,967 |
| 54865 | Port Wing, WI 54865 | 22.9 mi | 3 | $1,726,566 | $475,000 | $575,522 |
| 54856 | Mason, WI 54856 | 30.5 mi | 6 | $1,791,900 | $324,900 | $298,650 |
| 55601 | Beaver Bay, MN 55601 | 33.4 mi | 3 | $1,012,500 | $337,500 | $337,500 |
| 54846 | High Bridge, WI 54846 | 34.4 mi | 2 | $954,900 | $477,450 | $477,450 |
| 54820 | Brule, WI 54820 | 36.5 mi | 2 | $1,799,800 | $899,900 | $899,900 |
| 54546 | Mellen, WI 54546 | 40.6 mi | 4 | $1,148,000 | $287,000 | $287,000 |
| 54832 | Drummond, WI 54832 | 41.6 mi | 0 | $0 | $129,900 | $129,900 |
| 54565 | Upson, WI 54565 | 44.2 mi | 1 | $205,000 | $205,000 | $205,000 |
| 55616 | Two Harbors, MN 55616 | 44.5 mi | 44 | $11,610,764 | $234,900 | $263,881 |
| 54536 | Iron Belt, WI 54536 | 45.2 mi | 1 | $289,900 | $289,900 | $289,900 |
As of January 2026, there are 9 active listings in BAYFIELD, WI (zip code 54814), compared to 13 the prior year.
The median listing price in BAYFIELD, WI 54814 is $749,900 as of January 2026, a 65.9% increase from $452,000 the prior year.
Homes in BAYFIELD, WI 54814 spend an average of 20 days on the market before going under contract, compared to 147 days the prior year.
Based on current inventory and days-on-market data as of January 2026, BAYFIELD, WI 54814 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 20 days on market compared to 147 days last year.
With SELL123.com's maximum 3% commission, sellers in BAYFIELD, WI 54814 save an estimated $14,998 compared to a typical 5% commission on the median listing price of $749,900. 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.