Balaton, MN Housing Market

Homes for sale

The median sale price of a home in Balaton was $37K last month, down 26.0% since last year.

Trends
Demand
Migration
Schools
Climate

Balaton Housing Market Trends

What is the housing market like in Balaton today?

In October 2024, Balaton home prices were down 26.0% compared to last year, selling for a median price of $37K.

$130K

Sale Price

$138

Sale $/Sq. Ft.

Over List Price

Days on Market

125

Down Payment

—

Total Homes Sold

To compare other locations to the Balaton and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Balaton add value to a home.

Balaton Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Balaton that sold recently

Recently sold homes

SOLD JUN 18, 2025
$34,200 Last Sold Price
2 beds
1 bath
—sq ft
350 Mound Ave, Balaton, MN 56115
List Price
$1
Sale to List
3,419,900% over list
Days on Market
76 days
350 Mound Ave, Balaton, MN 56115
SOLD MAY 27, 2025
$130,000 Last Sold Price
2 beds
2 baths
—sq ft
112 Summit Ave, Balaton, MN 56115
List Price
$125,000
Sale to List
4% over list
Days on Market
46 days
112 Summit Ave, Balaton, MN 56115
SOLD MAY 1, 2025
$87,036
—beds
—baths
—sq ft
541 Summit Ave, Balaton, MN 56115
List Price
—
Sale to List
—
Days on Market
—
541 Summit Ave, Balaton, MN 56115
Local rules require you to be signed in to see more photos.
Sign in for price Last Sold Price
—beds
—baths
—sq ft
221 2nd St E, Balaton, MN 56115
List Price
—
Sale to List
—
Days on Market
—
221 2nd St E, Balaton, MN 56115
SOLD MAR 7, 2025
$115,000 Last Sold Price
4 beds
2 baths
—sq ft
460 Mound Ave S, Balaton, MN 56115
List Price
$120,000
Sale to List
4% under list
Days on Market
79 days
460 Mound Ave S, Balaton, MN 56115

Schools in Balaton

Learn about schools in the Balaton area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Balaton housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Balaton.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

96% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Balaton

Zip Code Housing Markets

56115 Housing Market

Nearby City Housing Markets

Zip Code Listings

56115 Real Estate

Nearby City Listings

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