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Bayfield County, Wisconsin Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
93
Sold (12M)
130
Median Price
$76K
Market Condition
Buyer's Market

Bayfield County, Wisconsin Market Meter

Buyer'sSeller's
Buyer's Market

10.3 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$76K
Avg Price/Acre
$11K
Avg Days on Market
147
Months of Supply
10.3
YoY Price Change
+11.3%
New Listings (3M)
19

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-21022
1-2 acres-3920
2-5 acres-3815
5-10 acres-51019
10-20 acres-1716
20-50 acres591628
50-100 acres1235
100+ acres1235
TOTAL72766130
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres22 sold / 7 listed
1-2 acres20 sold / 21 listed
2-5 acres15 sold / 30 listed
5-10 acres19 sold / 9 listed
10-20 acres16 sold / 10 listed
20-50 acres28 sold / 11 listed
50-100 acres5 sold / 1 listed
100+ acres5 sold / 4 listed

Median Price by Acreage

$0$140K$280K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$12.6M
Last 12 months
Active Listings
93
Current inventory
Avg Days on Market
147
Time to sell
Price Trend (YoY)
+11.3%
Year over year

Bayfield County, Wisconsin Land Market Analysis

How much is land worth in Bayfield County, Wisconsin?

The median price for land in Bayfield County, Wisconsin is currently $11K per acre. For a typical parcel, the median sale price is $76K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $28K while premium lots reached $187K.

Is now a good time to buy land in Bayfield County, Wisconsin?

Bayfield County, Wisconsin is currently a buyer's market with 10.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 11.3% year-over-year.

What is the months of supply for land in Bayfield County, Wisconsin?

Bayfield County, Wisconsin currently has 10.3 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the median land price in Bayfield County, Wisconsin?

The median land price in Bayfield County, Wisconsin stands at $76K. This translates to roughly $11K per acre for the typical parcel size. The average price is $97K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in Bayfield County, Wisconsin?

The 3-month absorption rate in Bayfield County, Wisconsin is 9.7%. The 12-month rate is 11.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Is now a good time to invest in land in Bayfield County, Wisconsin?

The current absorption rate in Bayfield County, Wisconsin is 9.7% (3-month basis), indicating moderate demand. With appreciating values (+11.3% YoY), the market shows growth potential. The top-performing broker in this market is Apostle Islands Realty.

What is the total land for sale in Bayfield County, Wisconsin?

There are currently 93 active listings in Bayfield County, Wisconsin. 19 new listings have hit the market in the last 90 days. The median asking price is $79K.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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