Housing in Lake Mills, WI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$336,000

Median List Price

$349,900

Price Per Sq Ft

$205

Days on Market

69

Active Inventory

14

Months of Supply

2.0

Seller's market

Zillow Home Value

$409,368

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 11.2%List Price 6.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

14.3%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

98.0%

Buyer's market

Sold Above Asking
14.3%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
7.1%

Market Activity

Source: Redfin

Homes Sold

7

New Listings

5

Pending Sales

3

Homes Sold 16.7%New Listings 28.6%Pending 57.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$205

Median List $/SF

$240

Sale $/SF 14.9%List $/SF 26.3%Mar 24Jan 26

Lake Mills vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lake Mills is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$282,400

Median Rent

$1,095

Total Housing Units

2,800

Vacancy Rate

11.6%

Owner Occupied

68.6%

Renter Occupied

31.4%

Median Property Tax

$4,672

per year

Monthly Cost (w/ Mortgage)

$1,603

Housing Types

Single Family
67.9%
Multi-Family
23.8%
Mobile Home
8.3%

The current median sale price in Lake Mills, WI is $336,000 according to Redfin data. Homes spend a median of 69 days on the market. 14.3% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $205. The median rent is $1,095 per month (Census ACS). About 68.6% of housing units are owner-occupied. The median year homes were built is 1981. There are 2,800 total housing units.