Is Lake Mills, WI 53551 a buyer’s or seller’s market?
Lake Mills is a seller’s market. With about 1.9 months of supply and 28% 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.
Competition score59/ 100
More competitive than 61% of U.S. ZIP codes, and #203 of 319 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply1.9Under 4 months = seller’s market
Sold above original list28.2%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$229▼ −8.0% vs. last year
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Nearby markets
Fort Atkinson 53538Seller’s market $201 /sq ftHelenville 53137Seller’s market $251 /sq ftIxonia 53036Balanced $200 /sq ftJefferson 53549Seller’s market $207 /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