Is Lake Mills, IA 50450 a buyer’s or seller’s market?
Lake Mills is a seller’s market. With about 2.8 months of supply and 38% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.8Under 4 months = seller’s market
Sold above original list37.5%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market31Listing to accepted offer
Median price per sq ft$116▲ +31.5% vs. last year
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Nearby markets
Buffalo Center 50424Buyer’s market $48 /sq ftForest City 50436Buyer’s market $96 /sq ftLeland 50453Buyer’s market $95 /sq ftRake 50465Seller’s market $47 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology