Data as of September 2026. Source: Realtor.com.
The LAKE MILLS, WI real estate market (53551) currently shows 26 active listings, with 7 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 46 days on market compared to 28 days last year.
The median listing price has risen 9.9% year-over-year, from $494,900 to $543,650.
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 September 2026, there are 26 active listings in LAKE MILLS, WI (zip code 53551), compared to 28 the prior year.
The median listing price in LAKE MILLS, WI 53551 is $543,650 as of September 2026, a 9.9% increase from $494,900 the prior year.
Homes in LAKE MILLS, WI 53551 spend an average of 46 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAKE MILLS, WI 53551 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 28 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE MILLS, WI 53551 save an estimated $10,873 compared to a typical 5% commission on the median listing price of $543,650. 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.