Current Price

$147,889

1 Month Forecast

â–² $164,661

1-Year Forecast *

â–² $175,634

5-Year Forecast *

â–² $188,156

"Is it a good time to buy homes in Lake Mills?" "Does investing in real estate in Lake Mills (Iowa State, Winnebago County) worth it?" According to our live Forecast System, buying a house in Lake Mills is a good short-term (1-year) investment*. The Lake Mills average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Lake Mills" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Lake Mills in Iowa State, Winnebago County. If you are looking for homes for sale with good flipping profit, Lake Mills can be a profitable property investment option. The median price of an average house in Lake Mills was 147,889 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lake Mills" area is 188,156 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +27.23% meaning that investing 100000 USD today may yield a profit of 27,228 USD by 2031.

Current Median Listing Price: 147,889 USD Median Listing Price Per Square Foot: 82 USD

Lake Mills Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Lake Mills (Iowa State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Lake Mills Price Target

Lake Mills median home price target in 12 months: $175,634* (upside of 18.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $163,005 $163,178 $162,471 $163,704
2024 $141,166 $147,889 $139,826 $147,889
2023 $150,064 $143,084 $143,084 $151,395
2022 $140,506 $150,113 $140,506 $153,273
2021 $126,482 $138,499 $126,482 $138,499
2020 $117,234 $126,579 $117,234 $127,146
2019 $118,037 $117,361 $116,962 $119,149
2018 $110,280 $117,929 $110,280 $117,929
2017 $104,347 $109,538 $104,347 $109,538
2016 $102,355 $103,546 $102,347 $104,038
2015 $96,772 $101,020 $96,358 $101,020
2014 $93,633 $96,638 $93,633 $98,449
2013 $88,787 $92,408 $86,059 $92,408
2012 $78,830 $89,029 $78,830 $89,163

Questions & Answers about the Lake Mills Housing Market Forecast

How much does an average home cost in Lake Mills today?

The value of an average home (the listing price) in Lake Mills is $147,889 USD.

What is the average price per square foot in Lake Mills?

According to Walletinvestor the median price per square foot in Lake Mills is 82 USD.

Will the median listing price of homes in Lake Mills grow / rise / go up?

Yes. The Lake Mills home prices may rise from 147,889 USD to 175,634 USD in one year.

Is it profitable to invest in Lake Mills homes?

Yes. The long-term profit potential is +18.76% in one year.

Will Lake Mills house prices fall / drop?

No. See above.

What is the predicted price of a Lake Mills home in 2030?

The predicted home sales price of a Lake Mills home in 2030 in Lake Mills is 181,836 USD.

What is the predicted price of a Lake Mills home in 2035?

The predicted home sales price of a Lake Mills home in 2035 in Lake Mills is 208,743 USD.

Will real estate prices decrease in Lake Mills?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Lake Mills is the 11408. largest city in the United States, located in Iowa State.

During the last 12 months the real estate prices in Winnebago, Lake Mills decreased, looking at the past 12 months.

According to Walletinvestor's Lake Mills real estate market research, home values will increase in the next 12 months.

Median home values decreased by 9.661% to 147,889 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 17.891% in 2021
  • 19.041% in 2022
  • 19.071% in 2023
  • 18.171% in 2024
  • 18.671% in 2025
  • 17.911% in 2026

Based on our Lake Mills real estate market research and report the predicted sales prices will increase by 458.134% in the next 10 years.

Over the last 12 months, the value of homes in Lake Mills fluctuated: increasing 2 times and decreasing 2 times.

Lake Mills (Iowa) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Lake Mills Housing Market Forecast with Real Estate Prices for 2025
August 2025 164661 150006 179316
September 2025 166157 153363 178951
October 2025 167666 158109 177223
November 2025 169189 155823 182555
December 2025 169730 159207 180253
Lake Mills Housing Market Forecast with Real Estate Prices for 2026
January 2026 168614 152427 184801
February 2026 168304 157869 178738
March 2026 169394 160416 178372
April 2026 170933 159310 182556
May 2026 172486 157307 187665
June 2026 174053 159780 188325
July 2026 175634 158597 192670
August 2026 177230 168014 186445
September 2026 178840 162923 194756
October 2026 180464 167651 193277
November 2026 182104 169903 194305
December 2026 181983 167243 196724
Lake Mills Housing Market Forecast with Real Estate Prices for 2027
January 2027 180828 168713 192944
February 2027 179602 163078 196125
March 2027 178942 168742 189141
April 2027 178349 167113 189585
May 2027 178291 164206 192376
June 2027 177181 159463 194900
July 2027 177433 159689 195176
August 2027 178082 160452 195712
September 2027 179413 167572 191254
October 2027 179873 163684 196061
November 2027 179477 165837 193118
December 2027 179070 163670 194470
Lake Mills Housing Market Forecast with Real Estate Prices for 2028
January 2028 177777 163021 192532
February 2028 176493 164844 188141
March 2028 175218 162952 187483
April 2028 173952 163167 184737
May 2028 172696 156462 188929
June 2028 171448 158590 184307
July 2028 171461 162031 180891
August 2028 173019 159869 186168
September 2028 174590 159576 189605
October 2028 176176 164901 187452
November 2028 177777 160533 195021
December 2028 178419 167179 189660
Lake Mills Housing Market Forecast with Real Estate Prices for 2029
January 2029 178063 163106 193021
February 2029 178118 162978 193258
March 2029 178515 162448 194581
April 2029 179429 162383 196475
May 2029 181059 163678 198441
June 2029 181789 171063 192514
July 2029 181836 170744 192928
August 2029 181017 165449 196584
September 2029 180466 165487 195445
October 2029 180626 169969 191283
November 2029 181252 167477 195027
December 2029 182898 165706 200091
Lake Mills Housing Market Forecast with Real Estate Prices for 2030
January 2030 184560 174225 194895
February 2030 186237 174690 197783
March 2030 187928 177217 198640
April 2030 188529 175520 201537
May 2030 187290 174929 199651
June 2030 186945 173485 200405
July 2030 188156 172727 203585
August 2030 189866 178663 201068
September 2030 191590 179329 203852
October 2030 193331 177864 208797
November 2030 195087 182406 207768
December 2030 196859 180717 213002
Lake Mills Housing Market Forecast with Real Estate Prices for 2031
January 2031 198648 184544 212752
February 2031 200452 186020 214885
March 2031 202273 186496 218051
April 2031 202140 184756 219524
May 2031 200857 188002 213712
June 2031 199494 180941 218047
July 2031 198761 182860 214662
August 2031 198103 186415 209791
September 2031 198038 179819 216258
October 2031 196806 183817 209795
November 2031 197085 183880 210290
December 2031 197806 179410 216202
Lake Mills Housing Market Forecast with Real Estate Prices for 2032
January 2032 199285 181349 217220
February 2032 199795 185810 213781
March 2032 199356 188990 209723
April 2032 198904 184583 213225
May 2032 197467 183249 211685
June 2032 196041 180750 211332
July 2032 194625 180223 209027

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.