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Preforeclosure Homes in Lake Mills, WI

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Lake Mills, WI Foreclosures

Current Market Conditions in in Lake Mills, WI As of February 2026?
Over the last month, Lake Mills has experienced a slight increase in home prices as more buyers enter the market, eager to secure a property before the winter season. The competitive nature of the market has led to multiple offers on well-priced homes, indicating a seller's market. Listings remain limited, driving prices upward, although some adjustments might be seen as new developments come into play.
How much do homes sell for in Lake Mills, WI?
The average home price is currently $488,079.
In Lake Mills, WI, how many homes are available?
There are currently 9 active home listings available in Lake Mills.
What’s the average rental cost in Lake Mills, WI?
The average rental price in Lake Mills is $1,736.
What is the most expensive home in Lake Mills?
The most expensive home sold in Lake Mills had a price of $11,003,565.
What is currently the cheapest priced home in Lake Mills, WI?
The cheapest home for sale in Lake Mills is priced at $22,051.

Living in Lake Mills, WI

Lake Mills, WI is a quaint town that merges rural charm with modern amenities. Located on the shores of Rock Lake, this community offers a wide range of outdoor activities and a warm, welcoming vibe. The town caters to families and retirees, making it an ideal location for relaxation and recreation.

Buyer vs Seller Market in Lake Mills, WI

Lake Mills has seen a steady appreciation in home values over the past year, attributed to its desirable location and tight inventory. The demand for homes remains high as buyers are attracted to the community's amenities and quality of life.

A notable trend in the Lake Mills market is the increasing interest from remote workers and retirees seeking a peaceful environment. This has led to more new developments being planned and constructed in the area.

Home Value Estimator For Lake Mills, WI

There are currently 3,135 real estate properties in Lake Mills, WI, with a median automated valuation model (AVM) price of $392,484.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Mills, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake Mills, WI, is $488,079.00, with the most expensive house in Lake Mills, WI, topping out at $11,003,565.00 and the cheapest home in Lake Mills, WI, clocking in at $22,051.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Mills, WI!

Rent Prices In Lake Mills, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Mills, WI, is on a rollercoaster ride. The average rent price in Lake Mills, WI, is $1,736.00. Indeed, when looking to rent in Lake Mills, WI, you can expect to pay as little as $1,150.00 or as much as $3,070.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Lake Mills, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lake Mills, WI Preforeclosure Homes


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