Section Image

Lake Mills

Lake Mills

Located in Jefferson County

$476,501 Average Value
$219 Average Price per Sq Ft
15 Homes For Sale

Lake Mills draws homebuyers with its location and livability

Lake Mills, Wisconsin, is a lot of things; It's family friendly, conveniently located and steadily growing. The population has increased in every census since 1870, and Lake Mills continues to attract new homebuyers thanks to top-rated schools and a nearby major interstate. What makes residents stay in the area, however, is its diverse housing, outdoor recreation and small-town charm. "It's a very special place to live. It's a little gem that is very competitive to get into, and people rarely leave," says Adriane Stuebs, broker and owner of Shine Realty. "I've lived here for the last 25 years, and I don't know if I would even consider moving anywhere else."

Historic homes and new builds offer a wide range of prices

Housing becomes more diverse as the community grows, attracting a range of lifestyles. "Of course, there are young families and those seeking starter homes," Stuebs says. "But there are also people who want to retire here because of the lake." Victorian cottages, American Foursquares and bungalows from the late 1800s and early 1900s are the oldest styles and are located along gridded streets close to downtown. They range from $210,000 to $550,000. Ranch-style and split-level homes from the middle of the 20th century sell between $200,000 and $400,000. High demand in recent decades has resulted in subdivisions of Colonial Revival, New Traditional and Modern Craftsman homes. They are priced between $400,000 and $780,000, with many selling before completion. "In general, the housing market is very competitive. I have clients who, for the past year or more, have told me to call them as soon as a house on a specific street becomes available." She explains that homes along the lake rarely go on the market, and some have been in one family since the 1930s. Lake homes have sold recently for upwards of $1.4 million.

Nature enthusiasts are drawn to a lake with a legendary past

Lake Mills gets its name from the grist mills an early settler built on Rock Lake. While the mills are gone, the lake is still an important part of the community, with a local legend accompanying it. Legend says that underwater rock formations are ancient Native American structures, built to please the rain gods. The natives were blessed after a long drought, and heavy rains fell, creating Rock Lake. Now, the lake is a hub for boating, fishing and swimming. "People from all over say that it's the best place to fish, and I've dealt with clients who move here from other states just for the fishing," Stuebs says. Sandy Beach Park has a public boat launch, boat docks and a designated swimming section next to a sandy strip. The Glacial Drumlin State Trail is 52 miles long and passes through Lake Mills. "You can go all the way to Madison if you want, and you can see everything from turtles to deer to coyotes on the trail," Stuebs says.

Commons Park and Aztalan State Park offer history and celebration

Commons Park is a triangular green space downtown with farmers markets, holiday parades and the Knickerbocker Festival. Knickerbocker was the name of an early 1900s company that harvested ice blocks from Rock Lake. Each February, the festival celebrates the city's cold weather with ice skating, ice sculpting and winter-themed sports.

Aztalan State Park is just a mile east of Lake Mills. The site was once a Native American tribe's village between 900 and 1200 A.D. and is now one of Wisconsin's most excavated archaeological sites. "People take the history quite seriously around here," Stuebs says. "When we build new subdivisions and find artifacts nearby, the local college will excavate to make sure we aren't disruptive."

Public and private school options attract families

Lake Mills Area School District earns an overall grade of A-minus from Niche and is considered the best district in Jefferson County. Lake Mills Elementary School is rated B, while Lake Mills Middle and Lake Mills High schools are rated B-plus.

The Wisconsin Evangelical Lutheran Synod has two associated schools in the area. St. Paul Lutheran School teaches prekindergarten through eighth grade and is unrated by Niche. "Lakeside Lutheran High School draws people from all of the surrounding counties who want to live near where their kids learn," Stuebs says. The high school is rated B.

Local dining and shopping with retail hubs in nearby towns

The triangular downtown area has bars, cafés, restaurants and specialty shops. Bar hoppers can work their way down North Main Street, starting at Lewis Station Winery and ending at Sunshine Brewing Company, with sports pubs and dive bars between them. East Towne Mall and big shopping plazas with national retailers and grocery stores are about 25 miles west in Madison. Menards and Kohl's are east in Johnson Creek. Lake Mills Market is the local grocery store. "It's a great option for grabbing something quickly, and everyone loves Mr. Jenson, the manager," Stuebs says.

A major highway connects to Wisconsin’s two most prominent cities

Interstate 94 goes through the city. "One of the main reasons people look at Lake Mills is because it's between Madison and Milwaukee and is right along the highway," Stuebs says. Madison is less than 30 miles west, and Milwaukee is just over 50 miles east. Milwaukee Mitchell International Airport is about 60 miles away, and Fort Atkinson Memorial Hospital is the nearest hospital, about 13 miles south in Fort Atkinson.

Heather Haggerty
Written By
Heather Haggerty

Interested in learning more about homes in this area? Reach out to Sharon Stade, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Lake Mills Housing Trends

Housing Trends

Median List Price
$419,900
Median Sale Price
$412,500
Median Single Family Sale Price
$387,500
Median 2 Bedroom Sale Price
$240,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
158
Median Home Sale Price YoY Change
-3%
Average Price Per Sq Ft
$219

Neighborhood Facts

Number of Homes for Sale
15
Months of Supply
1.10

Open Houses

  • Saturday, Jul 19
    11am - 1pm

    115 N Ferry Dr, Lake Mills, WI 53551

    $469,000

    • 3 Beds
    • 1.5 Baths
    • 1,849 Sq Ft
    • 115 N Ferry Dr
    • New 2 days ago

    Showings begin July 19. Step into timeless character and modern comfort in this beautifully maintained 3-bedroom, 1.5 bath bungalow just 1 block from picturesque Rock Lake. This classic home blends vintage charm with tasteful updates featuring a newly renovated kitchen, refinished hardwood floors, newer A/C & furnace, impressive brick fireplace, stunning original woodwork, and built-in cabinetry

    Barry Luce RE/MAX Community Realty

    Section Image
  • Saturday, Jul 19
    11am - 1pm

    508 W Madison St, Lake Mills, WI 53551

    $349,000

    • 3 Beds
    • 1.5 Baths
    • 1,202 Sq Ft
    • 508 W Madison St
    • New 2 days ago

    Step into this beautifully maintained 1890 farmhouse-style home that seamlessly combines historic charm with modern updates. Featuring original hardwood floors, a welcoming screened-in porch, and a thoughtfully renovated kitchen, this home offers the best of both worlds. Nestled on a generous lot just a short walk from downtown Lake Mills, Rock Lake, and Bartel's Beach, this property is great for

    Tommy Gohsman RE/MAX Community Realty

    Section Image

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Lake Mills Has More Owners

Demographics

Total Population
6,027
Median Age
42
Population Density
23 ppl/acre
Population under 18
24%
On par with the national average
23.8%
Population over 65
19.8%
On par with the national average
19.1%

Finances

Median Household Income
$71,249
On par with the national average
$71,702
Average Household Income
$84,954

Education and Workforce

High School Graduates
92.2%
College Graduates
37.2%
On par with the national average
34.1%
Advanced Degrees
14.5%
% Population in Labor Force
75.6%
Above the national average
65.1%

Weather

Annual Precipitation
38''
Average Winter Low Temperature
11°F
Average Summer High Temperature
81°F
Annual Snowfall
34''

Area Factors

Somewhat Bikeable

Bike Score®®

47 / 100

Somewhat Walkable

Walk Score®®

57 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lake Mills