Data as of July 2026. Source: Realtor.com.
The LAKE MILLS, WI real estate market (53551) currently shows 28 active listings, with 8 pending sales. Homes are averaging 41 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 41 days on market compared to 40 days last year.
The median listing price has fallen 1.7% year-over-year, from $514,950 to $506,150.
Whether you are buying or selling in LAKE MILLS, WI, 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: 9,417 · Density: 91.9/mi² · Median household income: $83,795
Typical home value: $280,880 · Homeownership: 75.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 53551 | Lake Mills, WI 53551 | 0.0 mi | 17 | $10,480,857 | $454,863 | $616,521 |
| 53594 | Waterloo, WI 53594 | 7.8 mi | 10 | $3,637,210 | $363,750 | $363,721 |
| 53549 | Jefferson, WI 53549 | 9.3 mi | 25 | $10,523,875 | $398,900 | $420,955 |
| 53094 | Watertown, WI 53094 | 10.3 mi | 48 | $18,010,080 | $394,950 | $375,210 |
| 53538 | Fort Atkinson, WI 53538 | 11.4 mi | 48 | $18,591,120 | $364,250 | $387,315 |
| 53527 | Cottage Grove, WI 53527 | 14.0 mi | 38 | $23,576,948 | $605,650 | $620,446 |
| 53098 | Watertown, WI 53098 | 15.6 mi | 20 | $9,630,420 | $314,800 | $481,521 |
| 53590 | Sun Prairie, WI 53590 | 17.0 mi | 104 | $73,692,840 | $582,475 | $708,585 |
| 53036 | Ixonia, WI 53036 | 18.2 mi | 8 | $2,736,848 | $358,450 | $342,106 |
| 53589 | Stoughton, WI 53589 | 18.3 mi | 74 | $39,489,434 | $452,423 | $533,641 |
| 53558 | Mcfarland, WI 53558 | 19.4 mi | 23 | $15,135,472 | $489,750 | $658,064 |
| 53716 | Madison, WI 53716 | 20.2 mi | 19 | $9,077,155 | $443,500 | $477,745 |
| 53190 | Whitewater, WI 53190 | 20.9 mi | 31 | $13,094,834 | $357,423 | $422,414 |
As of July 2026, there are 28 active listings in LAKE MILLS, WI (zip code 53551), compared to 21 the prior year.
The median listing price in LAKE MILLS, WI 53551 is $506,150 as of July 2026, a 1.7% decrease from $514,950 the prior year.
Homes in LAKE MILLS, WI 53551 spend an average of 41 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of July 2026, LAKE MILLS, WI 53551 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 41 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE MILLS, WI 53551 save an estimated $10,123 compared to a typical 5% commission on the median listing price of $506,150. 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.