Post Labor Day Update

A Look Towards Fall

A Look Towards Fall

As we move into fall, the lakefront market across northern Wisconsin remains active, though signs of seasonal slowing are beginning to show. Below is a snapshot of activity in Forest, Price & Iron Counties and Oneida & Vilas Counties since July 11th.

Key Takeaways

• Strong sales volume: Oneida/Vilas saw 126 lake homes close since July, plus 23 lots and 19 condos.

• Higher-end activity: Multiple multi-million-dollar lake homes closed, with the top sale reaching $3.75M.

• Offers are cooling: The number of accepted offers remains solid but trails the early-summer surge.

• Forest/Price/Iron smaller but steady: With fewer listings overall, activity remains more modest, though several high-value homes changed hands.

Active Listings

Forest/Price/Iron Counties

• Houses: 12 active, avg $1,198,958 (median $812,449, range $325k–$5.2M)

• Lots: 2 active, avg $302,000 (range $215k–$389k)

Oneida/Vilas Counties

• Houses: 53 active, avg $927,697 (median $699,999, range $329k–$4.75M)

• Lots: 25 active, avg $502,335 (median $400k, range $110k–$2.995M)

• Condos: 22 active, avg $627,477 (median $699,000, range $309,900–$975k)

Accepted Offers

Forest/Price/Iron Counties

• Houses: 6 pending, avg $450,800 (median $402,450, range $335k–$625k)

• Lots: 1 pending, $259,900

Oneida/Vilas Counties

• Houses: 51 pending, avg $812,366 (median $679,000, range $325k–$2.295M)

• Lots: 7 pending, avg $259,142 (median $175k, range $145k–$699k)

• Condos: 5 pending, avg $628,780 (median $585k, range $349,900–$1.095M)

Closed Sales

Forest/Price/Iron Counties

• Houses: 27 sold, avg $651,122 (median $599,000, range $349,900–$1.797M)

• Lots: 1 sold, $325,000

Oneida/Vilas Counties

• Houses: 126 sold, avg $768,987 (median $649,250, range $310k–$3.75M)

• Lots: 23 sold, avg $298,991 (median $225k, range $119k–$1.3M)

• Condos: 19 sold, avg $447,600 (median $390k, range $309,900–$899k)

📌 Overall, lakefront demand is holding steady, but the market is starting its typical fall cooldown. Buyers still face limited inventory at moderate price points, especially under $400k, while sellers at the high end continue to see strong interest.