Median home value in zip code 53551 (Lake Mills, WI) is $409,442, up 3.5% year over year. Part of the Watertown-Fort Atkinson, WI metropolitan area.

Home Value$409,442

YoY Change

+3.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 53551 (Lake Mills).

Income (annual)

Down Payment

$81,888 on $409,442

Example: $75,000 household income. Change it above to see your own.

Out of reach44.8% of income

Need $120,086/yr to afford.

PITI$2,802

P/I44.8%

Afford$256K

Gap-$154K

P&I $2,070Tax $631Ins $100

6.50% 30yr, 20% down, county tax + WI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

53551 is part of the Watertown-Fort Atkinson, WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Watertown-Fort Atkinson, WI analysis

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