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Foreclosure Homes in Balsam Lake, WI

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Balsam Lake, WI Foreclosures

Current Market Conditions in in Balsam Lake, WI As of February 2026?
Over the past month, Balsam Lake has seen a slight uptick in sales, primarily driven by the summer season. Buyers have shown keen interest in waterfront properties, which has led to a minor increase in median home prices. Potential buyers are advised to act quickly, as desirable listings are moving fast, indicating a competitive market for lake homes.
How much do homes sell for in Balsam Lake, WI?
The average home price is currently $529,894.
In Balsam Lake, WI, how many homes are available?
There are currently 3 active home listings available in Balsam Lake.
What’s the average rental cost in Balsam Lake, WI?
The average rental price in Balsam Lake is $1,551.
What is the most expensive home in Balsam Lake?
The most expensive home sold in Balsam Lake had a price of $5,281,917.
What is currently the cheapest priced home in Balsam Lake, WI?
The cheapest home for sale in Balsam Lake is priced at $11,908.

Living in Balsam Lake, WI

Balsam Lake is a charming small town in Wisconsin known for its gorgeous lake and rich outdoor activities. With a serene environment and a supportive community, it's an ideal place for families and nature lovers alike. Residents enjoy easy access to amenities, recreational choices, and strong educational opportunities.

Buyer vs Seller Market in Balsam Lake, WI

The real estate market in Balsam Lake remains steady, with a mix of homes catering to both year-round residents and seasonal visitors. The demand for properties near the lake has increased, attracting buyers looking for vacation homes or quiet retreats.

Prices have been gradually appreciating, driven by the area’s attractiveness as a desirable place for second homes and retirement living. The market offers a variety of options, from affordable cabins to more upscale lakefront homes.

Home Value Estimator For Balsam Lake, WI

There are currently 2,046 real estate properties in Balsam Lake, WI, with a median automated valuation model (AVM) price of $391,478.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Balsam Lake, WI, 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 Balsam Lake, WI, is $529,894.00, with the most expensive house in Balsam Lake, WI, topping out at $5,281,917.00 and the cheapest home in Balsam Lake, WI, clocking in at $11,908.00. In other words, there’s something for every potential homebuyer or savvy investor in Balsam Lake, WI!

Rent Prices In Balsam Lake, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Balsam Lake, WI, is on a rollercoaster ride. The average rent price in Balsam Lake, WI, is $1,551.00. Indeed, when looking to rent in Balsam Lake, WI, you can expect to pay as little as $700.00 or as much as $2,620.00, with the average rent median estimated to be $1,560.00. The good news is that finding an affordable and desirable property to rent in Balsam Lake, WI -- 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.

Balsam Lake, WI Foreclosures


Market Trend for Balsam Lake, WI

Total Listings Available: 3

Market Values:

Home Prices from $11,908 to $5,281,917

Average Sales Price: $529,894

Rental Values:

Rental from $700 to $2,620

Average Rent Value: $1,551 / month

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