Rent To Own Homes in Lake Mills, WI

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5 View this home at Union St Johnson Creek WI 53038
$177,700 EMV

4 Bed | 2 Bath | 1,640 Sq. Ft.

View this home at S 4th St W Fort Atkinson WI 53538
$185,555 EMV
View this home at Hazelcrest Dr Watertown WI 53094
$304,352 EMV
4 View this home at S 3rd St Watertown WI 53094
$184,700 EMV

3 Bed | 2 Bath | 1,120 Sq. Ft.

View this home at Utah St Watertown WI 53094
View this home at S 3rd St Watertown WI 53094
$184,700 EMV
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Foreclosure Homes in Lake Mills, WI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lake Mills, WI area at Get information on foreclosure homes for rent, how to buy foreclosures in Lake Mills, WI and much more. Save thousands at closing with home foreclosure listings in Lake Mills, WI — up to 75% off market value!

Top Reasons To Live In Lake Mills, WI In 2023

Lake Mills is located in Jefferson, Wisconsin, with an estimated municipal population of 5,983 residents. All of the best foreclosed homes for sale in Lake Mills are located in the following zip code areas on 53551. The estimated population per square kilometer (.62 miles) in Lake Mills is 557.

Cost Of Living In Lake Mills, WI

So, about how much do homes cost in Lake Mills? The most recent median value of resident-owned homes in Lake Mills is 199,396. An estimated 61.7 percent of households in Lake Mills own their homes, with an average family size of 2.91. The median household income in Lake Mills is 70,239, with25.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lake Mills, the median commute time of resident workers (in minutes) is 27.5. And last, but certainly not least, are you looking for homes to rent in Lake Mills? If so, the average rent price paid by renters in Lake Mills is 978, according to recent statistics.

Diversity And Demographics In Lake Mills, Wisconsin

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lake Mills, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Lake Mills is 36.9, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Lake Mills is 59.8, with an average family size of 2.91.

The percentage of residents who report their race in Lake Mills is as follows:

White 92.7%
Black / African American 0.3%
Asian 0.8%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 3.2%

Looking for family-friendly neighborhoods in and/or near Lake Mills? Or maybe you are searching for 55+ active adult communities in and/or near Lake Mills?

The percentage of residents who report their age in Lake Mills is as follows:

Under 10 14.3%
Aged 10-19 10.9%
20s 13.9%
30s 12.9%
40s 14.6%
50s 14.5%
60s 11.4%
70s 4.2%
80+ 3.4%

Best Schools In Lake Mills, Wisconsin

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lake Mills with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lake Mills.

Pros And Cons Of Living In Lake Mills, Wisconsin

How do you know that living in -- or moving to -- Lake Mills is right where you need to be? Perhaps you grew up in Lake Mills or already live nearby; therefore, the decision to buy a home in Lake Mills is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lake Mills for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lake Mills:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lake Mills.

Reasons To Move To Lake Mills, Wisconsin, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lake Mills can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lake Mills, meanwhile, can field multiple offers from more qualified buyers.

Lake Mills, WI Rent To Own Homes


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