Lake Mills IA Multi Family for Sale

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Lake Mills Real Estate

The median home value in Lake Mills, IA is $212,500. This is higher than the county median home value of $126,000. The national median home value is $338,100. The average price of homes sold in Lake Mills, IA is $212,500. Approximately 60.48% of Lake Mills homes are owned, compared to 29.19% rented, while 10.33% are vacant. Lake Mills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Mills real estate agent to arrange a tour today!

Lake Mills, Iowa has a population of 2,101. Lake Mills is less family-centric than the surrounding county with 24.43% of the households containing married families with children. The county average for households married with children is 24.74%.

The median household income in Lake Mills, Iowa is $62,800. The median household income for the surrounding county is $56,578 compared to the national median of $69,021. The median age of people living in Lake Mills is 41.2 years.

Lake Mills Weather

The average high temperature in July is 81.7 degrees, with an average low temperature in January of 5.4 degrees. The average rainfall is approximately 34.4 inches per year, with 36.6 inches of snow per year.

Lake Mills Real Estate Market Conditions

  • Median sales price

    $212,500
    15.9% change since last quarter
  • # Active listings

    7
    30-day change

Lake Mills Schools and Demographics

Education near Lake Mills, IA

Metric City County
High School Graduates 93.12 94.31
College Degree - 2 year 13.82 14.96
College Degree - 4 year 15.64 24.07
Graduate Degree 3.78 4.86
Expenditures per Student 13,780 13,780
Students per Teacher 13.3 13.3

Elementary Schools near Lake Mills, IA

School Grades Students P/T Ratio ZIP
Forest City Elementary School PK - 05 519 13 50436
Lake Mills Elementary School PK - 05 363 14.1 50450
Northwood-Kensett Elementary School PK - 06 338 16.9 50459

Middle Schools near Lake Mills, IA

School Grades Students P/T Ratio ZIP
Forest City Middle School 06 - 08 276 11.9 50436
Lake Mills Middle School 06 - 08 156 14.8 50450

High Schools near Lake Mills, IA

School Grades Students P/T Ratio ZIP
Forest City High School 09 - 12 380 12.7 50436
Lake Mills Senior High School 09 - 12 223 14.5 50450
Northwood-Kensett Junior-Senior High School 07 - 12 224 11.5 50459

Demographics near Lake Mills, IA

Metric City County
Neighborhood Type Small Town
Population 2,101 10,743
Population Density 779 27
Median Age 41.2 41.4
People per Household 2.3 2.3
Median Household Income 62,800 56,578
Average Income per Capita 30,657 30,831