Balaton Housing Information - Census

IndexBalatonMinnesotaNational
Median home price$77,200$185,200$175,700
Median rent asked$650$835$920
Avg. people per household2.32.42.6
Owner occupied households77.2%72.1%64.4%
Renter occupied households22.8%27.9%35.6%

Balaton Housing Information - Zillow

IndexBalatonMinnesotaNational
Zillow home value indexn/a$194,800$188,100
Year over year appreciation raten/a7.39%5.14%
5 year average appreciation raten/a4.96%4.12%
10 year average appreciation raten/a-0.72%-0.33%

Did you know?

  • The median home price in Balaton is 56% lower than the national average.
  • The median rent asked in Balaton is 29% lower than the national average.
  • The average number of people per household in Balaton is 10% lower than the national average.
  • The number of owner occupied households in Balaton is 20% higher than the national average.
  • The number of renter occupied households in Balaton is 36% lower than the national average.

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Compare Balaton, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Ruthton, MN270$39,40078%
Garvin, MN120$43,30075%
Currie, MN207$49,60072%
Tracy, MN2,076$64,90063%
Tyler, MN1,210$74,10058%
Balaton, MN575$77,20056%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Reynolds, IN575$84,80052%
Bangor, CA575$187,5007%
Launiupoko, HI575$968,800451%
Dubois, ID575$88,20050%
Forest Home, NY575$450,000156%
Balaton, MN575$77,20056%
Source: The Balaton, MN housing data displayed above is derived from the United States Census Bureau and Zillow data.