Balsam Lake Housing Information - Census

IndexBalsam LakeWisconsinNational
Median home price$104,200$165,900$175,700
Median rent asked$771$772$920
Avg. people per household2.32.42.6
Owner occupied households71.7%67.7%64.4%
Renter occupied households28.3%32.3%35.6%

Balsam Lake Housing Information - Zillow

IndexBalsam LakeWisconsinNational
Zillow home value indexn/a$158,400$188,100
Year over year appreciation raten/a4.62%5.14%
5 year average appreciation raten/a1.84%4.12%
10 year average appreciation raten/a0.15%-0.33%

Did you know?

  • The median home price in Balsam Lake is 41% lower than the national average.
  • The median rent asked in Balsam Lake is 16% lower than the national average.
  • The average number of people per household in Balsam Lake is 12% lower than the national average.
  • The number of owner occupied households in Balsam Lake is 11% higher than the national average.
  • The number of renter occupied households in Balsam Lake is 21% lower than the national average.

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Compare Balsam Lake, WI 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.
Turtle Lake, WI1,168$93,80047%
Centuria, WI1,001$96,00045%
Frederic, WI1,032$98,00044%
Clayton, WI742$100,00043%
Milltown, WI1,062$100,30043%
Balsam Lake, WI829$104,20041%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Taholah, WA829$83,70052%
Frankfort, OH829$101,00043%
Sharpsburg, MD829$170,1003%
Onaway, MI829$57,00068%
Pine Valley, NY829$103,60041%
Balsam Lake, WI829$104,20041%
Source: The Balsam Lake, WI housing data displayed above is derived from the United States Census Bureau and Zillow data.