Balaton, MN—56115
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$205,000
7.9% YoY Growth
Household Income
$67,200
10.1% YoY Growth
Days on Market
50
33.0% Shorter YoY
Home Price Forecast
3.4%
Median Rent
$1,300
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,300
N/A
3-Bed Rent
N/A
N/A
Home Price Trends — Balaton, MN
As of Nov '25, the median home price in Balaton, MN is $205,000, with a year-over-year change of 7.9%. This indicates that home prices in Balaton, MN are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $205,000 | 7.9% |
| Single Family | $205,000 | 8.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |