Current Price

$384,936

1 Month Forecast

â–² $421,787

1-Year Forecast *

â–² $449,570

5-Year Forecast *

â–² $539,564

"Is it a good time to buy homes in Lake Mills?" "Does investing in real estate in Lake Mills (Wisconsin State, Jefferson 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 Wisconsin State, Jefferson 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 384,936 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 539,564 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +40.17% meaning that investing 100000 USD today may yield a profit of 40,170 USD by 2031.

Current Median Listing Price: 384,936 USD Median Listing Price Per Square Foot: 214 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 (Wisconsin 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: $449,570* (upside of 16.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $415,803 $418,888 $415,803 $419,051
2024 $364,825 $384,936 $364,825 $384,936
2023 $346,152 $365,207 $346,152 $366,134
2022 $325,421 $344,468 $325,421 $344,659
2021 $293,046 $322,289 $293,046 $322,289
2020 $266,910 $290,648 $266,910 $290,648
2019 $249,844 $265,377 $249,844 $265,377
2018 $238,527 $248,743 $238,527 $248,743
2017 $222,457 $237,865 $222,457 $237,865
2016 $205,746 $221,192 $205,746 $221,192
2015 $197,350 $204,843 $197,350 $204,843
2014 $190,828 $196,850 $190,828 $196,850
2013 $180,333 $190,745 $180,333 $190,745
2012 $175,816 $179,435 $175,816 $179,435

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 $384,936 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 214 USD.

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

Yes. The Lake Mills home prices may rise from 384,936 USD to 449,570 USD in one year.

Is it profitable to invest in Lake Mills homes?

Yes. The long-term profit potential is +16.79% 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 515,919 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 655,445 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 6319. largest city in the United States, located in Wisconsin State.

During the last 12 months the real estate prices in Jefferson, 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 7.948% to 384,936 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 15.961% in 2021
  • 17.611% in 2022
  • 18.391% in 2023
  • 17.341% in 2024
  • 16.851% in 2025
  • 18.571% in 2026

Based on our Lake Mills real estate market research and report the predicted sales prices will increase by 372.161% in the next 10 years.

Over the last 12 months, the value of homes in Lake Mills fluctuated: increasing 3 times and decreasing 1 times.

Lake Mills (Wisconsin) 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 421787 387623 455952
September 2025 424707 384784 464629
October 2025 427646 396428 458865
November 2025 430606 390991 470222
December 2025 433479 411805 455153
Lake Mills Housing Market Forecast with Real Estate Prices for 2026
January 2026 434906 391416 478397
February 2026 435423 400154 470693
March 2026 437336 407160 467512
April 2026 440363 410859 469867
May 2026 443411 410598 476223
June 2026 446480 410761 482198
July 2026 449570 406861 492279
August 2026 452682 411940 493423
September 2026 455815 418894 492736
October 2026 458970 413073 504867
November 2026 460927 434193 487660
December 2026 461313 422102 500525
Lake Mills Housing Market Forecast with Real Estate Prices for 2027
January 2027 460840 428120 493560
February 2027 460653 429329 491978
March 2027 460636 432997 488274
April 2027 461058 416796 505319
May 2027 463311 433659 492963
June 2027 466383 437934 494833
July 2027 469611 439087 500136
August 2027 472862 435978 509745
September 2027 476135 435187 517082
October 2027 478110 444642 511578
November 2027 479548 440704 518391
December 2027 481936 439526 524346
Lake Mills Housing Market Forecast with Real Estate Prices for 2028
January 2028 485110 437570 532651
February 2028 486981 440231 533731
March 2028 487068 453948 520189
April 2028 485835 449398 522273
May 2028 485327 450383 520270
June 2028 486875 443056 530694
July 2028 490245 455437 525052
August 2028 493638 462539 524737
September 2028 497055 462758 531352
October 2028 499009 461583 536435
November 2028 499893 455402 544383
December 2028 500059 452054 548065
Lake Mills Housing Market Forecast with Real Estate Prices for 2029
January 2029 501096 472032 530159
February 2029 503120 466393 539848
March 2029 506203 477856 534551
April 2029 509471 479412 539530
May 2029 512997 475035 550959
June 2029 515162 485798 544527
July 2029 515919 472066 559772
August 2029 516403 476640 556166
September 2029 516600 472172 561027
October 2029 517005 485467 548542
November 2029 516804 485796 547812
December 2029 520381 490719 550043
Lake Mills Housing Market Forecast with Real Estate Prices for 2030
January 2030 523983 478396 569569
February 2030 527610 500701 554518
March 2030 531261 478135 584387
April 2030 534806 498439 571172
May 2030 536566 498470 574663
June 2030 537204 502286 572123
July 2030 539564 491543 587585
August 2030 543299 506898 579700
September 2030 547059 494541 599577
October 2030 550845 506227 595464
November 2030 554658 522488 586828
December 2030 558497 513817 603177
Lake Mills Housing Market Forecast with Real Estate Prices for 2031
January 2031 562363 519623 605102
February 2031 566255 537376 595134
March 2031 568669 538530 598809
April 2031 569146 535567 602726
May 2031 568562 528194 608930
June 2031 568332 531390 605273
July 2031 568310 531370 605250
August 2031 568831 517636 620026
September 2031 571611 523596 619627
October 2031 575401 520738 630064
November 2031 579384 541145 617623
December 2031 583394 546057 620731
Lake Mills Housing Market Forecast with Real Estate Prices for 2032
January 2032 587432 538088 636776
February 2032 589869 549758 629980
March 2032 591643 536028 647257
April 2032 594589 553563 635616
May 2032 598506 558406 638606
June 2032 600814 541333 660294
July 2032 600921 569673 632169

> 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.