Unshakable ZIP Data 50450 | Lake Mills, IA Housing Market
Lake Mills · Winnebago County · Mason City, IA metro · Iowa · Data updated June 19, 2026
The median sale price in ZIP 50450, Lake Mills, Iowa is $142,458 at $93 per square foot. 4 single-family homes sold in the latest period, down 41.2 percent from a year earlier. Homes sit a median of 109 days on market with 7.2 months of supply. Sellers are getting 96.2 percent of list price and 25.0 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $171,635 | |
| Average price per sq ft | $112 | |
| Median sale price | $142,458 | |
| Median sale price per sq ft | $93 | |
| Median home size | 1,527 sq ft | |
| Median new listing price | $207,476 | +44.6% |
| National size rank | 16,068 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 4 | -41.2% |
| Median days on market | 109 days | |
| Months of supply | 7.2 months | |
| New listings | 10 | +26.9% |
| Active listings | 15 | +1.3% |
| Pending sales | 6 | -24.0% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 96.2% | -3.0 pts |
| Share sold above list | 25.0% | -3.6 pts |
These figures describe the single-family market for Lake Mills, Iowa ZIP 50450. They are market context, not a substitute for sold comps or a formal appraisal.