Is Eagle River, WI 54521 a buyer’s or seller’s market?

The Eagle River housing market right now

In the three months ending August 31, 2026, 17% of homes in Eagle River, WI 54521 sold above their list price, the typical home went under contract in 55 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 85 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (18% then), homes sold faster (70 days then) and the median sale price rose 10% to $424,816. Overall, Eagle River is more competitive than a year ago, so tougher for buyers.

Within Vilas County, homes here sell faster than in 73% of the county’s ZIP codes, and sell less often over asking than in 82%. On our competition score, Eagle River ranks #291 of 319 WI ZIP codes with enough sales (score 34 out of 100).

Nearby, buyers who want less competition could look at Sayner 54560 (0% sold over asking) or Saint Germain 54558 (5% sold over asking), while Land O Lakes 54540 (50% sold over asking) and Star Lake 54561 (50% sold over asking) are even more competitive.