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Bankruptcy Homes in Balaton, MN

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Balaton, MN Foreclosures

How much do homes sell for in Balaton, MN?
The average home price is currently $376,511.
In Balaton, MN, how many homes are available?
There are currently 28 active home listings available in Balaton.
What’s the average rental cost in Balaton, MN?
The average rental price in Balaton is $1,177.
What is the most expensive home in Balaton?
The most expensive home sold in Balaton had a price of $5,222,740.
What is currently the cheapest priced home in Balaton, MN?
The cheapest home for sale in Balaton is priced at $18,771.

Living in Balaton, MN

Balaton, MN, is a small, welcoming town offering a rural lifestyle perfect for families and individuals alike. With vibrant community events, access to nature, and a focus on education, it's an excellent place to call home. Balaton combines the tranquillity of small-town life with the conveniences of nearby urban areas.

Current Market Conditions in Balaton, MN

The real estate market in Balaton has shown signs of steady growth, with an increasing number of people seeking homes in rural areas. The affordability of housing compared to larger urban centers has made Balaton an attractive option for first-time buyers and those looking to downsize.

Home prices have seen a gradual increase over the past few years as demand for housing in Balaton rises. The community's unique charm, combined with its convenient amenities, positions it well for continued interest from prospective buyers.

Home Value Estimator For Balaton, MN

There are currently 490 real estate properties in Balaton, MN, with a median automated valuation model (AVM) price of $150,176.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Balaton, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Balaton, MN, is $376,511.00, with the most expensive house in Balaton, MN, topping out at $5,222,740.00 and the cheapest home in Balaton, MN, clocking in at $18,771.00. In other words, there’s something for every potential homebuyer or savvy investor in Balaton, MN!

Rent Prices In Balaton, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Balaton, MN, is on a rollercoaster ride. The average rent price in Balaton, MN, is $1,177.00. Indeed, when looking to rent in Balaton, MN, you can expect to pay as little as $570.00 or as much as $2,200.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Balaton, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Balaton, MN Bankruptcy Homes

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