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Balsam Lake Real Estate Market Facts

  • $133,400Median home price
    20% lower than Wisconsin
  • $672Median rent asked
    15% lower than Wisconsin
  • 71.8%Home owners
    7% higher than Wisconsin
  • 2.2People per home
    8% lower than Wisconsin

Balsam Lake Home Affordability

  • $133,400Median home price
    20% lower than Wisconsin
  • $41,607Median home income
    24% lower than Wisconsin
  • 3.2xHome price to income ratio
    5% higher than Wisconsin

Balsam Lake Affordability Calculator

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Balsam Lake Mortgage Calculator

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Balsam Lake Demographics

  • 811Population
  • 374People / sq mile
  • 48.9Median age
  • 1.1:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Turtle Lake, WI1,064$88,60052%
Centuria, WI1,011$91,60050%
Milltown, WI1,170$95,60048%
Frederic, WI964$100,00046%
Clayton, WI629$100,00046%
Balsam Lake, WI811$133,40028%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Gordon, PA811$95,90048%
Keener, NC811$108,10041%
Mount Savage, MD811$86,30053%
Paris, PA811$137,50026%
Lake Victoria, MI811$162,80012%
Balsam Lake, WI811$133,40028%
Source: The Balsam Lake, WI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).