Balaton Housing Information - Census

IndexBalatonMinnesotaNational
Median home price$74,800$191,500$184,700
Median rent asked$615$873$949
Avg. people per household2.32.42.6
Owner occupied households75.3%71.4%63.6%
Renter occupied households24.7%28.6%36.4%

Balaton Housing Information - Zillow

IndexBalatonMinnesotaNational
Zillow home value indexn/a$205,200$196,500
Year over year appreciation raten/a8.17%6.79%
5 year average appreciation raten/a6.58%5.28%
10 year average appreciation raten/a-0.12%0.01%

Did you know?

  • The median home price in Balaton is 60% lower than the national average.
  • The median rent asked in Balaton is 35% lower than the national average.
  • The average number of people per household in Balaton is 11% lower than the national average.
  • The number of owner occupied households in Balaton is 18% higher than the national average.
  • The number of renter occupied households in Balaton is 32% 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.
Florence, MN16$0100%
Ruthton, MN263$44,60076%
Currie, MN209$52,10072%
Garvin, MN136$52,50072%
Tracy, MN2,139$67,90063%
Balaton, MN550$74,80060%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Tres Pinos, CA550$606,400228%
Melvin, IL550$69,50062%
Reynolds, IN550$84,20054%
Lane, SC550$47,50074%
Hallsburg, TX550$146,50021%
Balaton, MN550$74,80060%
Source: The Balaton, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.