Active Listings
7
⇧ 16.7% vs 6 last year
Population: 2,839 · Density: 13.0/mi² · Median household income: $73,142
Typical home value: $136,010 · Homeownership: 71.3%
Data as of January 2026. Source: Realtor.com.
The LAKE MILLS, IA real estate market (50450) currently shows 7 active listings, with 3 pending sales. Homes are averaging 110 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 110 days on market compared to 89 days last year.
The median listing price has fallen 50% year-over-year, from $260,000 to $129,900.
Whether you are buying or selling in LAKE MILLS, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 50450 | Lake Mills, IA 50450 | 0.0 mi | 7 | $937,300 | $129,900 | $133,900 |
| 56029 | Emmons, MN 56029 | 7.3 mi | 3 | $663,999 | $249,000 | $221,333 |
| 50473 | Scarville, IA 50473 | 8.3 mi | 1 | $349,999 | $349,999 | $349,999 |
| 50434 | Fertile, IA 50434 | 11.6 mi | 1 | $0 | $0 | $0 |
| 50436 | Forest City, IA 50436 | 13.1 mi | 22 | $4,619,516 | $176,500 | $209,978 |
| 50459 | Northwood, IA 50459 | 13.4 mi | 15 | $4,451,655 | $182,000 | $296,777 |
| 56009 | Alden, MN 56009 | 16.8 mi | 9 | $2,453,067 | $304,900 | $272,563 |
| 50456 | Manly, IA 50456 | 17.8 mi | 9 | $1,228,545 | $151,000 | $136,505 |
| 56007 | Albert Lea, MN 56007 | 19.3 mi | 70 | $20,979,280 | $219,400 | $299,704 |
| 50482 | Ventura, IA 50482 | 20.6 mi | 5 | $2,392,800 | $385,000 | $478,560 |
| 50424 | Buffalo Center, IA 50424 | 21.6 mi | 9 | $1,421,442 | $155,000 | $157,938 |
| 50438 | Garner, IA 50438 | 22.0 mi | 17 | $4,604,229 | $269,900 | $270,837 |
| 56097 | Wells, MN 56097 | 23.1 mi | 10 | $1,588,560 | $159,900 | $158,856 |
As of January 2026, there are 7 active listings in LAKE MILLS, IA (zip code 50450), compared to 6 the prior year.
The median listing price in LAKE MILLS, IA 50450 is $129,900 as of January 2026, a 50% decrease from $260,000 the prior year.
Homes in LAKE MILLS, IA 50450 spend an average of 110 days on the market before going under contract, compared to 89 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE MILLS, IA 50450 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 110 days on market compared to 89 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE MILLS, IA 50450 save an estimated $2,598 compared to a typical 5% commission on the median listing price of $129,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.