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PORT WING, WI 54865

Real Estate Market Report  ·  Bayfield County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The PORT WING, WI real estate market (54865) currently shows 3 active listings, with 1 pending sales. Homes are averaging 183 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 183 days on market compared to 93 days last year.

The median listing price has fallen 33.9% year-over-year, from $873,675 to $577,475.

Whether you are buying or selling in PORT WING, 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: 539  ·  Density: 3.2/mi²  ·  Median household income: $56,000

Typical home value: $210,758  ·  Homeownership: 84.9%

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
1
33% pending ratio
Median Price
$577,475
⇩ 33.9% vs $873,675 last year
Average Price
$616,625
⇩ 29.4% vs $873,088 last year
Days on Market
183
⇧ 96.8% vs 93 days last year

Price Per Square Foot

Median $/sqft
$344
⇩ 15.7% vs $408/sqft last year
Median Home Size
1,652 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 183 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $577,475 (-33.9% YoY)
  • Average: $616,625 (-29.4% 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 37.5 miles — 137 listings ($62,857,207 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54865Port Wing, WI 548650.0 mi3$1,726,566$475,000$575,522
54847Iron River, WI 5484712.3 mi20$11,011,380$419,750$550,569
54820Brule, WI 5482015.5 mi2$1,774,800$887,400$887,400
54891Washburn, WI 5489119.6 mi9$4,972,122$431,725$552,458
54814Bayfield, WI 5481422.8 mi12$9,226,992$749,900$768,916
54856Mason, WI 5485625.3 mi6$1,947,150$327,975$324,525
54839Grand View, WI 5483929.1 mi1$169,900$169,900$169,900
54874South Range, WI 5487429.7 mi6$2,299,002$380,000$383,167
55812Duluth, MN 5581233.4 mi14$7,037,100$449,450$502,650
55601Beaver Bay, MN 5560133.6 mi4$1,350,000$337,500$337,500
55806Duluth, MN 5580635.7 mi9$2,146,050$238,450$238,450
55616Two Harbors, MN 5561637.4 mi42$12,666,024$242,475$301,572
54821Cable, WI 5482137.5 mi9$6,530,121$378,500$725,569

Frequently Asked Questions

How many homes are for sale in PORT WING, WI 54865?

As of March 2026, there are 3 active listings in PORT WING, WI (zip code 54865), compared to 5 the prior year.

What is the median home price in PORT WING, WI 54865?

The median listing price in PORT WING, WI 54865 is $577,475 as of March 2026, a 33.9% decrease from $873,675 the prior year.

How long do homes stay on the market in PORT WING, WI?

Homes in PORT WING, WI 54865 spend an average of 183 days on the market before going under contract, compared to 93 days the prior year.

Is it a seller's or buyer's market in PORT WING, WI 54865?

Based on current inventory and days-on-market data as of March 2026, PORT WING, WI 54865 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 183 days on market compared to 93 days last year.

How much can I save on real estate commission in PORT WING, WI?

With SELL123.com's maximum 3% commission, sellers in PORT WING, WI 54865 save an estimated $11,550 compared to a typical 5% commission on the median listing price of $577,475. 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.