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Ashley Van Tassell
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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

$503,151

AVERAGE PRICE OF 33 HOMES

$1,348,000

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$497,450

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$1,150,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $503,151
Avg Bedrooms 3.09 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

2 bedrooms $291,000
3 bedrooms $544,755
4 bedrooms $494,237
Lake Mills Home Price Trends
  3/2026 2/2026 1/2026 12/2025 11/2025
Total Listings 29 28 29 39 42
Average Price $610,878 $581,623 $485,392 $423,687 $425,595
Avg Price Change +5.03% +19.83% +14.56% -0.45% -1.58%
Median Price $483,156 $470,682 $452,075 $419,996 $419,613
Med Price Change +2.65% +4.12% +7.64% +0.09% -2.46%
Avg Bedrooms 3.07 beds 3.27 beds 3.23 beds 3.19 beds 3.21 beds
Avg Bathrooms 2.57 baths 2.72 baths 2.49 baths 2.11 baths 2.01 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lake Mills 31 $519,838 51 days
Total Homes Average Price Avg Days on Site
All Homes 33 $503,151 49 days
Multi-Million Dollar Homes 3 $1,348,000 33 days
Newly Built Homes 2 $497,450 22 days
Reduced Price Homes 1 $1,150,000 44 days