Active Listings
3
⇧ 50% vs 2 last year
Data as of February 2026. Source: Realtor.com.
The SUMMIT LAKE, WI real estate market (54485) currently shows 3 active listings, with 1 pending sales. Homes are averaging 198 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 198 days on market compared to 185 days last year.
The median listing price has risen 141.1% year-over-year, from $129,500 to $312,250.
Whether you are buying or selling in SUMMIT LAKE, 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: 382 · Density: 6.6/mi² · Median household income: $63,250
Typical home value: $217,872 · Homeownership: 100.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 54485 | Summit Lake, WI 54485 | 0.0 mi | 3 | $948,999 | $208,000 | $316,333 |
| 54424 | Deerbrook, WI 54424 | 7.7 mi | 6 | $2,095,728 | $331,175 | $349,288 |
| 54462 | Pearson, WI 54462 | 10.6 mi | 1 | $324,225 | $324,225 | $324,225 |
| 54465 | Pickerel, WI 54465 | 16.3 mi | 9 | $5,845,599 | $649,900 | $649,511 |
| 54520 | Crandon, WI 54520 | 17.4 mi | 16 | $8,854,032 | $401,950 | $553,377 |
| 54501 | Rhinelander, WI 54501 | 19.3 mi | 51 | $16,251,558 | $232,400 | $318,658 |
| 54430 | Elton, WI 54430 | 23.9 mi | 1 | $90,000 | $90,000 | $90,000 |
| 54408 | Aniwa, WI 54408 | 25.6 mi | 1 | $254,900 | $254,900 | $254,900 |
| 54450 | Mattoon, WI 54450 | 28.3 mi | 1 | $92,000 | $92,000 | $92,000 |
| 54403 | Wausau, WI 54403 | 28.9 mi | 25 | $8,620,825 | $274,900 | $344,833 |
| 54541 | Laona, WI 54541 | 29.2 mi | 7 | $2,376,150 | $274,900 | $339,450 |
| 54175 | Townsend, WI 54175 | 29.6 mi | 5 | $2,578,750 | $329,900 | $515,750 |
| 54452 | Merrill, WI 54452 | 29.6 mi | 38 | $8,286,128 | $204,900 | $218,056 |
As of February 2026, there are 3 active listings in SUMMIT LAKE, WI (zip code 54485), compared to 2 the prior year.
The median listing price in SUMMIT LAKE, WI 54485 is $312,250 as of February 2026, a 141.1% increase from $129,500 the prior year.
Homes in SUMMIT LAKE, WI 54485 spend an average of 198 days on the market before going under contract, compared to 185 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SUMMIT LAKE, WI 54485 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 198 days on market compared to 185 days last year.
With SELL123.com's maximum 3% commission, sellers in SUMMIT LAKE, WI 54485 save an estimated $6,245 compared to a typical 5% commission on the median listing price of $312,250. 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.