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Foreclosure Homes in Bayfield, WI

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Bayfield, WI Foreclosures

How much do homes sell for in Bayfield, WI?
The average home price is currently $388,158.
In Bayfield, WI, how many homes are available?
There are currently 8 active home listings available in Bayfield.
What’s the average rental cost in Bayfield, WI?
The average rental price in Bayfield is $1,534.
What is the most expensive home in Bayfield?
The most expensive home sold in Bayfield had a price of $2,750,000.
What is currently the cheapest priced home in Bayfield, WI?
The cheapest home for sale in Bayfield is priced at $30,290.

Living in Bayfield, WI

Bayfield, located on the shores of Lake Superior in northern Wisconsin, is known for its charming maritime atmosphere. It’s a haven for outdoor enthusiasts, offering stunning views, hiking trails, and access to the Apostle Islands National Lakeshore. The community boasts a vibrant arts scene and a variety of local events throughout the year, making it a perfect place for those seeking a laid-back lifestyle with plenty of recreational activities.

Current Market Conditions in Bayfield, WI

The real estate market in Bayfield has been experiencing steady growth, primarily driven by its appealing lifestyle and its status as a tourist destination. Inventory levels have been relatively low, creating a competitive buyer's market. Despite the higher demand, properties remain affordable compared to other waterfront communities in the Midwest.

As tourism rebounds post-pandemic, the demand for vacation rentals and seasonal homes has increased, pushing prices slightly upwards. New developments are also evolving to meet the needs of both residents and visitors, ensuring that Bayfield remains an attractive location for real estate investment.

Home Value Estimator For Bayfield, WI

There are currently 1,411 real estate properties in Bayfield, WI, with a median automated valuation model (AVM) price of $343,652.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bayfield, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bayfield, WI, is $388,158.00, with the most expensive house in Bayfield, WI, topping out at $2,750,000.00 and the cheapest home in Bayfield, WI, clocking in at $30,290.00. In other words, there’s something for every potential homebuyer or savvy investor in Bayfield, WI!

Rent Prices In Bayfield, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bayfield, WI, is on a rollercoaster ride. The average rent price in Bayfield, WI, is $1,534.00. Indeed, when looking to rent in Bayfield, WI, you can expect to pay as little as $880.00 or as much as $1,960.00, with the average rent median estimated to be $1,540.00. The good news is that finding an affordable and desirable property to rent in Bayfield, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Bayfield, WI Foreclosures


Market Trend for Bayfield, WI

Total Listings Available: 8

Market Values:

Home Prices from $30,290 to $2,750,000

Average Sales Price: $388,158

Rental Values:

Rental from $880 to $1,960

Average Rent Value: $1,534 / month

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