Foreclosure Homes in Balsam Lake, WI

Current Market Conditions in Balsam Lake, WI

The Balsam Lake real estate market is currently experiencing increased demand, particularly for lakefront properties. As more individuals seek out tranquil living environments, home prices have risen steadily. Prospective buyers should act quickly, as available listings are turning over rapidly.

There is a trend towards larger homes suitable for families, with buyers looking for more space and outdoor areas. This has led to a slight increase in new construction projects within the area to meet growing demand.

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.