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Featured local agent — Tomahawk, WI
Sarah Mitchell
Compass Real Estate · Tomahawk, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Tomahawk, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$125,000median sale price
How is the Tomahawk, WI housing market right now?
The median home sale price in Tomahawk, WI is $125,000, down 60.6% year-over-year. Homes sell in an average of 123 days with 16 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Tomahawk a buyer's or seller's market?
Tomahawk, WI is currently a buyer's market, based on 4.0 months of supply and homes selling in about 123 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
123
Average pace
Active listings
16
4.0 months supply
Sale-to-list
89.5%
Below asking
What does the Tomahawk housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $125,000 |
| Median list price | $549,900 |
| Year-over-year price change | -60.6% |
| Average days on market | 123 days |
| Active inventory | 16 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 89.5% |
| Median price per sq ft | $106/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 9 |
| Listings with a price cut | 12.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Tomahawk by property type?
How the Tomahawk, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $125,000 | $106/sq ft | 4 | 123 days |
Source: Redfin · Updated monthly
The Tomahawk housing market is currently classified as a buyer's market with a median sale price of $125,000. Prices have fallen 60.6% compared to last year, with homes spending an average of 123 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.8x provides context for how home values compare to local earning capacity.
Homes for sale in Tomahawk
There are currently 16 homes listed for sale in Tomahawk, Wisconsin. The median listing price is $550K.
Active listings
16
Homes on market
Median list price
$550K
Avg. days on market
123
Days until sale
New this week
9
Newly listed
Who lives in Tomahawk?
Population
3,416
Median income
$60,905/yr
Median age
41.3 years
Owner-occupied
67.9%
College grads
17.8%
Avg commute
15 min
Source: U.S. Census Bureau ACS
What are homes worth in Tomahawk?
Zillow home value
$292,888
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Tomahawk?
Tomahawk is a community of approximately 3K residents with a median age of 41.3 years.The median household income is $60,905, which represents a working-class community with solid middle-income opportunities. 17.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 15 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tomahawk offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Tomahawk?
3 schools tracked · 1,142 students
The largest public schools serving Tomahawk, WI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Tomahawk Elementary
Grades PK-5 · 526 students
Tomahawk High
Grades 9-12 · 353 students
Tomahawk Middle
Grades 6-8 · 263 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Tomahawk, WI?
Want a head-to-head view? Compare Tomahawk side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Tomahawk?
The median home sale price in Tomahawk is $125,000, down 60.6% from last year.
How long do homes stay on market in Tomahawk?
Homes typically spend 123 days on market before going under contract.
What is the median income in Tomahawk?
The median household income is $60,905 per year.
Is Tomahawk a buyer's or seller's market?
With 4.0 months of supply, Tomahawk is currently a buyer's market.
What is the Zillow home value estimate for Tomahawk?
The Zillow Home Value Index (ZHVI) for Tomahawk is $292,888, representing the typical home value in the area.
How much does a single-family home cost in Tomahawk?
The median single-family home price in Tomahawk, WI is $125,000 (about $106 per square foot).
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