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Is Pelican Lake, WI 54463 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Pelican Lake is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list95.4%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$207▼ −8.4% vs. last year

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Nearby markets

Harshaw 54529Balanced $311 /sq ftHazelhurst 54531Balanced $286 /sq ftLake Tomahawk 54539Seller’s market $246 /sq ftMinocqua 54548Seller’s market $288 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology