foreclosure.com

Cheap Homes in Balaton, MN

Search within map
Displaying 1 - 1 of 1
 

Balaton, MN Foreclosures

Current Market Conditions in in Balaton, MN As of March 2026?
Over the past month, Balaton's real estate market has seen a slight increase in buyer activity, attributed to the summer months when families often explore new living situations. Listings in Balaton have typically sold within a month, indicating strong interest and a competitive market. Additionally, prices have stabilized, providing a favorable climate for new buyers while giving sellers a chance to capitalize on their investments.
How much do homes sell for in Balaton, MN?
The average home price is currently $297,537.
In Balaton, MN, how many homes are available?
There are currently 1 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 $3,052,981.
What is currently the cheapest priced home in Balaton, MN?
The cheapest home for sale in Balaton is priced at $13,069.

Living in Balaton, MN

Balaton, MN, is a quaint, rural town nestled in Lyon County, offering picturesque scenery and a community-oriented lifestyle. With its serene atmosphere and access to various outdoor activities, it's an inviting place for families, retirees, and nature lovers. Local amenities provide essential services while still preserving the charm of a small town.

Buyer vs Seller Market in Balaton, MN

The real estate market in Balaton, MN, has shown interesting trends recently, with a modest rise in home values as more people seek the peace and quiet of rural living. The demand for single-family homes has increased slightly, while inventory levels remain stable, offering a balanced market for both buyers and sellers.

Investors are noting an uptick in interest in small towns like Balaton as remote work becomes more prevalent. Families and individuals looking to escape urban environments are looking towards Balaton for affordable housing and a friendly community atmosphere.

Home Value Estimator For Balaton, MN

There are currently 534 real estate properties in Balaton, MN, with a median automated valuation model (AVM) price of $156,647.00. 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 $297,537.00, with the most expensive house in Balaton, MN, topping out at $3,052,981.00 and the cheapest home in Balaton, MN, clocking in at $13,069.00. 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.

Cheap Homes in Balaton, MN


Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.