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County Overview

Bayfield County, WI

Aggregate real estate market report across county ZIPs
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The Bayfield County, WI real estate market currently shows 76 active listings, with 22 pending sales. Homes are averaging 117 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 117 days on market compared to 145 days last year.

The median listing price has fallen 2% year-over-year, from $477,000 to $467,450.

Whether you are buying or selling in Bayfield County, 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: 13,440  ·  Density: 8.0/mi²  ·  Median household income: $64,098

Typical home value: $206,566  ·  Homeownership: 80.5%

Included Areas

Bayfield: 54814

Benoit: 54816

Cable: 54821

Cornucopia: 54827

Drummond: 54832

Grand View: 54839

Herbster: 54844

Iron River: 54847

Mason: 54856

Port Wing: 54865

Washburn: 54891

Area Map

Market Overview

Active Listings
76
⇩ 9.5% vs 84 last year
Pending
22
29% pending ratio
Median Price
$467,450
⇩ 2% vs $477,000 last year
Average Price
$652,111
⇧ 7% vs $609,602 last year
Days on Market
117
⇩ 19.3% vs 145 days last year

Price Per Square Foot

Median $/sqft
$277
⇩ 0.7% vs $279/sqft last year
Median Home Size
1,746 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇧ 12.5% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %