Lake Mills, IA Real Estate Market Summary – September 7, 2026

In Lake Mills, IA, there were 4 homes that transitioned during the last 30 days. The average sale price was $169,625, and homes averaged approximately 12 days on the market before transitioning.

Metric 30 Days
Number Sold 4
Sold Per Day 1 every 7.50 days
Average SQFT 1479
Median Sales Price $179,000
Average Sales Price $169,625
Average Price Per SQFT $123
Average Days on Market 12
Average Year Built 1938

 

Lake Mills, IA Single Family Home Analysis

All 4 homes sold in the single family category had an average living area of 1,479 square feet, with a median price of $179,000.

Metric 30 Days
Number Sold 4
Sold Per Day 1 every 7.50 days
Average SQFT 1479
Median Sales Price $179,000
Average Sales Price $169,625
Average Price Per SQFT $123
Average Days on Market 12
Average Year Built 1938

 

Lake Mills, IA Condo & Townhome Analysis

There is no market data available for that home type at this time.

 

Buyer & Seller Analysis

  • Pace of listings is 1 every 7.5 days.
  • Homes averaged about 12 days on the market.
  • Average sale price is $169,625.
  • There were no sales in the condo/townhome segment.

Conclusion

Overall, the market in Lake Mills for single family homes shows consistent activity with a moderate pace.

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