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Lake Mills Real Estate Market Facts

  • $97,000Median home price
    27% lower than Iowa
  • $548Median rent asked
    23% lower than Iowa
  • 68.9%Home owners
    3% lower than Iowa
  • 2.0People per home
    13% lower than Iowa

Lake Mills Home Affordability

  • $97,000Median home price
    27% lower than Iowa
  • $43,750Median home income
    20% lower than Iowa
  • 2.2xHome price to income ratio
    9% lower than Iowa

Lake Mills Affordability Calculator

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Lake Mills Mortgage Calculator

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Lake Mills Demographics

  • 2,027Population
  • 752People / sq mile
  • 42.8Median age
  • 0.9:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Walters, MN140$34,20081%
Scarville, IA66$36,30080%
Kiester, MN478$43,70076%
Bricelyn, MN325$44,40076%
Thompson, IA466$51,30072%
Lake Mills, IA2,027$97,00047%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Lunenburg, MA2,027$243,10032%
Gwinn, MI2,027$77,20058%
Bangor, MI2,027$71,00062%
Woodstock, AL2,027$113,40039%
Lyons, CO2,027$426,200131%
Lake Mills, IA2,027$97,00047%
Source: The Lake Mills, IA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).