Friendship, WI Housing Market Update: Land Listings Lead Early Spring Activity
Friendship, WI – March 16, 2026 – Land listings dominate early spring inventory, with dozens of parcels and select homes drawing buyer interest.
Friendship housing update
Early spring activity in Friendship, WI is centered on land and buildable lots, with a smaller selection of single-family homes available across the 53934 area.
- Land listings significantly outnumber move-in-ready homes.
- Median list pricing for land sits around $260K.
- Lake and recreation proximity continues to anchor asking prices.
Market snapshot
Current listings show roughly two dozen-plus land and lot offerings in Friendship, with a reported median list price near $260,000. Inventory ranges from smaller wooded parcels to multi-acre tracts positioned for cabins, primary homes or recreational use.
Active land listings include a 0.83-acre waterfront parcel on Friendship Lake listed at $149,900, a 15-acre wooded tract along Highway 13 at $164,900, and several buildable lots in established subdivisions priced under $100,000. Commercial-zoned acreage is also on the market near the Highway 13 and 21 corridor, signaling continued interest in small-scale business or mixed-use potential.
Homes for sale
Single-family inventory remains limited. Recent listings include a three-bedroom home priced at $359,900 and a two-bedroom property listed at $350,000 in the 53934 area. Higher-end lake-area properties are also available, with select homes approaching the upper $600,000s depending on size and frontage.
The mix suggests a market where buyers are either seeking turnkey lake or year-round homes, or purchasing land with plans to build.
What this means locally
With spring approaching, additional listings typically come online. For now, buyers looking to build have multiple acreage options, while those seeking existing homes may face tighter choices and firmer pricing. Recreation-driven demand tied to Castle Rock Lake and nearby trail systems continues to influence interest levels.
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Are you seeing more buyers looking for land to build, or for existing lake homes this season?