Is Three Lakes, WI 54562 a buyer’s or seller’s market?

The Three Lakes housing market right now

In the three months ending August 31, 2026, 13% of homes in Three Lakes, WI 54562 sold above their list price, the typical home went under contract in 80 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold more slowly (56 days then) and the median sale price rose 52% to $777,164. Overall, Three Lakes is less competitive than a year ago, which gives buyers more room.

Within Oneida County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 86%. On our competition score, Three Lakes ranks #299 of 319 WI ZIP codes with enough sales (score 28 out of 100).

Nearby, buyers who want less competition could look at Tripoli 54564 (0% sold over asking), while Harshaw 54529 (43% sold over asking) and Pelican Lake 54463 (33% sold over asking) are even more competitive.