Data as of April 2026. Source: Realtor.com.
The LAKE MILLS, WI real estate market (53551) currently shows 24 active listings, with 11 pending sales. Homes are averaging 35 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
The median listing price has fallen 4.7% year-over-year, from $519,400 to $494,975.
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 April 2026, there are 24 active listings in LAKE MILLS, WI (zip code 53551), compared to 17 the prior year.
The median listing price in LAKE MILLS, WI 53551 is $494,975 as of April 2026, a 4.7% decrease from $519,400 the prior year.
Homes in LAKE MILLS, WI 53551 spend an average of 35 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of April 2026, LAKE MILLS, WI 53551 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in LAKE MILLS, WI 53551 save an estimated $9,900 compared to a typical 5% commission on the median listing price of $494,975. 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.