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Land Foreclosures in Bayfield, WI

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Bayfield, WI Foreclosures

Current Market Conditions in in Bayfield, WI As of March 2026?
Over the past month, Bayfield's real estate market has remained competitive, with a slight uptick in home sales influenced by seasonal demand as summer approaches. Listings have seen increased activity with more inquiries and viewings, particularly for homes within close proximity to the lakeshore. However, the lack of available inventory continues to challenge prospective buyers looking for affordable options in this beloved town.
How much do homes sell for in Bayfield, WI?
The average home price is currently $386,927.
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 $2,526,680.
What is currently the cheapest priced home in Bayfield, WI?
The cheapest home for sale in Bayfield is priced at $14,014.

Living in Bayfield, WI

Bayfield, WI, is a charming waterfront town situated at the tip of the Bayfield Peninsula. Renowned for its stunning views of Lake Superior and the Apostle Islands, the area provides a variety of recreational activities, cozy accommodations, and delightful local shops. Its vibrant arts community and outdoor adventures make it an ideal destination for nature lovers and those seeking a serene escape.

Buyer vs Seller Market in Bayfield, WI

The real estate market in Bayfield has shown a steady increase in demand, particularly for vacation homes and waterfront properties. The town's attractive lifestyle and outdoor offerings continue to lure buyers looking for investment opportunities or second homes, and as such, property values are reflecting an upward trend.

In recent months, the housing inventory has been relatively low, leading to competitive bidding situations for desirable properties. The location's popularity, especially among those seeking a serene lakeside living experience, has made it a hot market for sellers.

Home Value Estimator For Bayfield, WI

There are currently 1,689 real estate properties in Bayfield, WI, with a median automated valuation model (AVM) price of $334,653.00. 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 $386,927.00, with the most expensive house in Bayfield, WI, topping out at $2,526,680.00 and the cheapest home in Bayfield, WI, clocking in at $14,014.00. 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 Land


Market Trend for Bayfield, WI

Total Listings Available: 0

Market Values:

Home Prices from $14,014 to $2,526,680

Average Sales Price: $386,927

Rental Values:

Rental from $880 to $1,960

Average Rent Value: $1,534 / month

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