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Housing in Presque Isle

40 homes sold in Presque Isle in the last year, at a typical $599K

Redfin reports Presque Isle’s sales by ZIP code, so these figures are for ZIP 54557, which takes in Presque Isle and the area around it. Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Presque Isle homes are listed.

Homes for sale in Presque IsleZillowRealtor.comMore places to look ↓
Homes sold
40
ZIP 54557 · October 2025 to September 2026
Typical sale price
$599K
median, weighted by sales
Price per square foot
$345
Wisconsin $195
Paid vs. asking
96.5%
15% sold over asking
For sale now
21
September 2026 · 5 sold that month
What sold · last 12 months · ZIP 54557

Houses are 0% of Presque Isle’s sales, at a typical — (year to May 2026)

40 homes sold in the year to September 2026.

14 years of sales

About as many homes sell as usual, at 2.5 times the 2016 price

40 sales in the last year, against 77 in 2020 and a low of 27 in 2012. The typical sale went from $244K in 2016 to $599K.

Homes soldTypical sale price
0255075100$325K$450K$575K$700K2012: 27 sold, typical $278K’122013: 40 sold, typical $285K2014: 27 sold, typical $358K’142015: 41 sold, typical $251K2016: 37 sold, typical $244K’162017: 44 sold, typical $289K2018: 58 sold, typical $269K’182019: 49 sold, typical $298K2020: 77 sold, typical $345K’202021: 70 sold, typical $394K2022: 52 sold, typical $410K’222023: 43 sold, typical $480K2024: 39 sold, typical $617K’242025: 43 sold, typical $592KLast 12 months: 40 sold, typical $599KNow

Source: Redfin Data Center, MLS sales; for ZIP 54557, which takes in Presque Isle and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Presque Isle are more common than before the pandemic, but 46% fewer homes come up for sale

We read every month of home sales in ZIP 54557 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 40 sales.

If you’re buying in Presque Isle

  • Shop in August. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • Offer under asking. Buyers paid 96.5% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 78 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

July has the most new listings (about 8 a month), but May is the most competitive: 19% of May sales close over asking. December has the least competition (8%) but only about 2 new listings.

New listings a monthShare sold over asking
02.557.5107%13%20%Sweet spotJan: 1 new listings a month, 8% sold over asking, 228 days to sellJFeb: 2 new listings a month, 9% sold over asking, 250 days to sellFMar: 2 new listings a month, 11% sold over asking, 249 days to sellMApr: 3 new listings a month, 17% sold over asking, 291 days to sellAMay: 5 new listings a month, 19% sold over asking, 219 days to sellMJun: 7 new listings a month, 18% sold over asking, 194 days to sellJJul: 8 new listings a month, 19% sold over asking, 176 days to sellJAug: 7 new listings a month, 16% sold over asking, 181 days to sellASep: 5 new listings a month, 16% sold over asking, 152 days to sellSOct: 4 new listings a month, 11% sold over asking, 173 days to sellONov: 3 new listings a month, 10% sold over asking, 160 days to sellNDec: 2 new listings a month, 8% sold over asking, 194 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Wisconsin

Presque Isle now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price15%3%31%35%
Gone within two weeksShare of homes under contract within 14 days35%1%1%44%
Price paid vs. askingAverage sale price ÷ list price96.5%92.1%98.9%99.2%
Days to sellMedian days from listing to contract7823816253
Supply

16 homes for sale on a typical day

That’s 1.5 times the 2023 low (11), 46% fewer than in 2017–19 and well under 2019’s 38.

2012: 31 for sale’122013: 25 for sale2014: 38 for sale2015: 34 for sale’152016: 24 for sale2017: 24 for sale2018: 29 for sale’182019: 38 for sale2020: 31 for sale2021: 15 for sale’212022: 19 for sale2023: 11 for sale2024: 13 for sale’242025: 14 for saleLast 12 months: 16 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 54557, which takes in Presque Isle and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Presque Isle home costs about $3,515 a month

Mortgage
Property tax
Insurance
Rent

Price: Presque Isle’s typical sale, last 12 months. Property tax at Presque Isle’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Presque Isle is affordable on local pay is on Cost of living.

Before you buy in Presque Isle

Five things worth knowing

8

New listings in July

The month with the most choice. January has the fewest, about 1.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $599K home, about $4,670 a year.

Taxes vs. neighbors
21 min

Typical commute

The average one-way trip to work for people who live in Presque Isle.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Presque Isle, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Presque Isle. People who follow the town see it, and so do people comparing Presque Isle with their own town. No commission, no listing fee.

Questions about buying a home in Presque Isle

What do homes sell for in Presque Isle, WI?

40 homes sold in the year to September 2026 at a typical $599K, $345 a square foot.

Is Presque Isle a buyer’s or seller’s market?

A seller’s market: 21 homes were for sale in September 2026 and 5 sold, about 3.7 months of supply. Buyers paid 96.5% of asking on average.

When is the best time to buy in Presque Isle?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Presque Isle?

About 0.8% of a home’s value a year. On a $599K home that’s near $4,670.

Where can I see homes for sale in Presque Isle?

Zillow, Redfin, Realtor.com and Homes.com all carry Presque Isle’s MLS listings; the search links above open each one filtered to Presque Isle.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 54557, which takes in Presque Isle and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).