Jefferson County · 2026 data
Lake Mills, Wisconsin Home Market Report
Updated 2026-06-21 · by Micah Nicholes, Founder, HouseBuyerz
Who owns the homes in Lake Mills?
Ownership reflects the most recent public assessor records (2026).
Of the roughly 3,241 homes in Lake Mills, about 4.1% are held by owners with an out-of-state mailing address (in line with the Wisconsin average of 5.3%), and about 3.1% are titled to a company or LLC rather than a person (in line with the state average of 5.6%).
Across Jefferson County, the single largest corporate residential owner on record is FT Atkinson LLC, holding roughly 297 single-family homes. Out-of-state and company owners are usually the most willing to sell quickly for cash — they're managing the house as an investment, not living in it.
Curious how Lake Mills compares to the rest of the state? See our Who Owns Wisconsin study — out-of-state and corporate ownership across all 72 counties.
In Lake Mills (Jefferson County, Wisconsin), the typical home is worth about $364,200, across roughly 3,241 dwellings. About 0% are owned by investors or landlords rather than the people living in them — below the Wisconsin average of 21%.
Of recent home sales, roughly 27% closed in all cash — in line with the statewide average of 29%. A higher cash-sale share usually signals active investor and cash-buyer demand in a market.
For homeowners, the takeaway is that there's a real, active cash market for Lake Mills houses — including as-is, inherited, and off-market sales that never hit the MLS. (HouseBuyerz is one of those cash buyers.)
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