53551 — Lake Mills, WI Home Values
Typical home value $432,566 as of June 2026 · 4th of 10 in Watertown-Fort Atkinson, WI
Blue: typical home value (Zillow ZHVI) in ZIP code 53551, June 2021 to June 2026. This page shows observed data only; no forecast.
How 53551 compares in the Watertown-Fort Atkinson, WI area
ZIP code 53551 (Lake Mills, WI) has a typical home value of $432,566 as of June 2026, ranking 4th of 10 ZIP codes tracked in the Watertown-Fort Atkinson, WI area, more expensive than about 70% of ZIP codes in the metro. Prices here have moved +3.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +29.8%, from $333,187 in June 2021 to $432,566 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Watertown-Fort Atkinson, WI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Watertown.
Population and demographics
ZIP code 53551 has a population of 9,485, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 90.1% White, 7.6% Hispanic or Latino, 1.3% two or more races, 0.6% Black or African American, and 0.3% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Lake Mills Middle | 318 College St, Lake Mills, WI | 0.2 mi |
| Lake Mills High | 615 Catlin Dr, Lake Mills, WI | 0.7 mi |
| Lake Mills Elementary | 155 E Pine St, Lake Mills, WI | 0.7 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 53551?
$432,566 as of June 2026, the latest month Zillow has published observed data for.
Is 53551 an expensive ZIP code in the Watertown-Fort Atkinson, WI area?
53551 ranks 4th of 10 ZIP codes in the Watertown-Fort Atkinson, WI area by typical home value, more expensive than about 70% of ZIP codes in the metro.
How much have home values in 53551 changed over the past year?
+3.9% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 53551?
9,485, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 53551?
Lake Mills Middle (0.2 mi), Lake Mills High (0.7 mi), Lake Mills Elementary (0.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 53551?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Watertown-Fort Atkinson, WI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.