Active Listings
17
⇩ 22.7% vs 22 last year
Population: 9,417 · Density: 91.9/mi² · Median household income: $83,795
Typical home value: $280,880 · Homeownership: 75.5%
Data as of January 2026. Source: Realtor.com.
The LAKE MILLS, WI real estate market (53551) currently shows 17 active listings, with 7 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 69 days on market compared to 99 days last year.
The median listing price has fallen 2.9% year-over-year, from $509,900 to $495,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 53551 | Lake Mills, WI 53551 | 0.0 mi | 17 | $9,437,125 | $495,000 | $555,125 |
| 53594 | Waterloo, WI 53594 | 7.8 mi | 9 | $3,538,917 | $419,900 | $393,213 |
| 53549 | Jefferson, WI 53549 | 9.3 mi | 27 | $10,954,359 | $398,900 | $405,717 |
| 53094 | Watertown, WI 53094 | 10.3 mi | 48 | $17,876,928 | $397,400 | $372,436 |
| 53538 | Fort Atkinson, WI 53538 | 11.4 mi | 38 | $15,753,280 | $375,000 | $414,560 |
| 53527 | Cottage Grove, WI 53527 | 14.0 mi | 36 | $19,900,368 | $514,200 | $552,788 |
| 53098 | Watertown, WI 53098 | 15.6 mi | 23 | $10,166,506 | $269,900 | $442,022 |
| 53590 | Sun Prairie, WI 53590 | 17.0 mi | 78 | $57,176,496 | $647,500 | $733,032 |
| 53036 | Ixonia, WI 53036 | 18.2 mi | 9 | $3,199,140 | $392,450 | $355,460 |
| 53589 | Stoughton, WI 53589 | 18.3 mi | 70 | $36,860,670 | $467,000 | $526,581 |
| 53557 | Lowell, WI 53557 | 19.1 mi | 1 | $339,800 | $339,800 | $339,800 |
| 53714 | Madison, WI 53714 | 20.1 mi | 13 | $4,182,659 | $334,450 | $321,743 |
| 53563 | Milton, WI 53563 | 20.4 mi | 48 | $23,257,104 | $470,000 | $484,523 |
As of January 2026, there are 17 active listings in LAKE MILLS, WI (zip code 53551), compared to 22 the prior year.
The median listing price in LAKE MILLS, WI 53551 is $495,000 as of January 2026, a 2.9% decrease from $509,900 the prior year.
Homes in LAKE MILLS, WI 53551 spend an average of 69 days on the market before going under contract, compared to 99 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE MILLS, WI 53551 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 69 days on market compared to 99 days last year.
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 $495,000. 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.