Data as of March 2026. Source: Realtor.com.
The LAKE MILLS, IA real estate market (50450) currently shows 8 active listings, with 2 pending sales. Homes are averaging 86 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 86 days on market compared to 72 days last year.
The median listing price has fallen 35.6% year-over-year, from $260,000 to $167,475.
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.
Population: 2,839 · Density: 13.0/mi² · Median household income: $73,142
Typical home value: $136,010 · Homeownership: 71.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 50450 | Lake Mills, IA 50450 | 0.0 mi | 8 | $1,242,824 | $128,675 | $155,353 |
| 56029 | Emmons, MN 56029 | 7.3 mi | 3 | $697,500 | $220,500 | $232,500 |
| 50444 | Hanlontown, IA 50444 | 11.1 mi | 2 | $170,000 | $85,000 | $85,000 |
| 56051 | Kiester, MN 56051 | 12.4 mi | 6 | $739,050 | $120,975 | $123,175 |
| 50478 | Thompson, IA 50478 | 13.3 mi | 3 | $247,350 | $82,450 | $82,450 |
| 50448 | Kensett, IA 50448 | 14.5 mi | 2 | $233,000 | $116,500 | $116,500 |
| 56036 | Glenville, MN 56036 | 17.5 mi | 9 | $2,480,463 | $174,950 | $275,607 |
| 56014 | Bricelyn, MN 56014 | 19.0 mi | 2 | $249,000 | $124,500 | $124,500 |
| 50432 | Crystal Lake, IA 50432 | 19.5 mi | 1 | $130,000 | $130,000 | $130,000 |
| 50482 | Ventura, IA 50482 | 20.6 mi | 5 | $2,384,800 | $385,000 | $476,960 |
| 50424 | Buffalo Center, IA 50424 | 21.6 mi | 10 | $1,541,500 | $142,500 | $154,150 |
| 50438 | Garner, IA 50438 | 22.0 mi | 16 | $4,504,992 | $267,400 | $281,562 |
| 56097 | Wells, MN 56097 | 23.1 mi | 12 | $1,978,236 | $169,150 | $164,853 |
As of March 2026, there are 8 active listings in LAKE MILLS, IA (zip code 50450), compared to 9 the prior year.
The median listing price in LAKE MILLS, IA 50450 is $167,475 as of March 2026, a 35.6% decrease from $260,000 the prior year.
Homes in LAKE MILLS, IA 50450 spend an average of 86 days on the market before going under contract, compared to 72 days the prior year.
Based on current inventory and days-on-market data as of March 2026, LAKE MILLS, IA 50450 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 86 days on market compared to 72 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE MILLS, IA 50450 save an estimated $3,350 compared to a typical 5% commission on the median listing price of $167,475. 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.