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Lake Mills

Why you'd want to live in Lake Mills

Lake Mills is a city in Jefferson County, Wisconsin, United States. The population was 5,708 at the 2010 census. The city is located partially within the Town of Lake Mills.

Lake Mills Market Report

$640,552

AVERAGE PRICE OF 40 HOMES

$1,262,000

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$509,950

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$950,000

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $640,552
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.32 baths

Average Price by Bedrooms

2 bedrooms $796,560
3 bedrooms $571,241
4 bedrooms $758,075
5 bedrooms $482,450
Lake Mills Home Price Trends
  7/2026 6/2026 5/2026 4/2026 3/2026
Total Listings 37 n/a n/a 31 29
Average Price $651,023 n/a n/a $522,292 $610,878
Avg Price Change n/a n/a n/a -16.96% +5.03%
Median Price $508,062 n/a n/a $479,460 $483,156
Med Price Change n/a n/a n/a -0.77% +2.65%
Avg Bedrooms 3.2 beds n/a n/a 3.11 beds 3.07 beds
Avg Bathrooms 2.26 baths n/a n/a 2.17 baths 2.57 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Call School District 1 $145,000 121 days
Lake Mills 39 $653,259 52 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 40 $640,552 53 days
Multi-Million Dollar Homes 4 $1,262,000 49 days
Newly Built Homes 2 $509,950 103 days
Reduced Price Homes 2 $950,000 58 days