Home prices
Lake Mills's median home value is $101,600. Compared to other places in this area this is about $27,300 (36%) higher.In comparison to the country as a whole it is about $115,900 (53%) lower, and compared to the city of Rochester is roughly $98,500 (49%) lower.
Rents
Lake Mills's median monthly rent is $616. This is approximately $14 (2%) higher compared to the surrounding areas.It is about $446 (41%) lower compared to the entire country, and in comparison to the city of Rochester it is about $358 (36%) lower.
Nearby places
Joice
Joice is about 4 miles southeast of Lake Mills. Its housing prices are significantly less expensive. The value of the median home in Joice is $75,000, which works out to $26,600 (35%) lower than Lake Mills. Its rents are somewhat less expensive. In Joice the median monthly rent is $525, which is $91 (17%) lower than Lake Mills.
Emmons
Emmons is approximately 6 miles north of Lake Mills. The real estate prices there are a little less expensive. Emmons's median home price is $84,400, which comes out to $17,200 (20%) lower than Lake Mills. Rents there are fairly similar. Emmons's median monthly rent is $588, which works out to $28 (4%) lower than Lake Mills.
Leland
Leland is about 7 miles southwest from Lake Mills. Its real estate prices are somewhat less expensive. The value of the median home in Leland is $87,500, which comes out to $14,100 (16%) lower than Lake Mills. The rent there is fairly similar. The median monthly rent in Leland is $606, which is $10 (1%) lower than Lake Mills.
Twin Lakes
Twin Lakes is about 10 miles northeast from Lake Mills. Its real estate prices are significantly less expensive. The cost of the median home in Twin Lakes is $56,300, which is $45,300 (80%) lower than Lake Mills. Its rents are pretty similar. In Twin Lakes the median rent is $604 per month, which comes out to $12 (1%) lower than Lake Mills.
Thompson
Thompson is approximately 10 miles west of Lake Mills. Real estate prices there are significantly less expensive. The median home in Thompson is valued at $68,300, which comes out to $33,300 (48%) lower than Lake Mills. The rent there is somewhat more expensive. In Thompson the median monthly rent is $689, which comes out to $73 (10%) higher than Lake Mills.
