Balsam Lake, WI Foreclosures
How much do homes sell for in Balsam Lake, WI?
The average home price is currently $542,025.
In Balsam Lake, WI, how many homes are available?
There are currently 2 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 $2,995,219.
What is currently the cheapest priced home in Balsam Lake, WI?
The cheapest home for sale in Balsam Lake is priced at $20,866.
Living in Balsam Lake, WI
Balsam Lake, WI is a quaint small town offering beautiful lakes and parks, making it an ideal spot for nature lovers. With a strong community feel and plenty of local amenities, it caters to families, retirees, and outdoor enthusiasts alike. Enjoy a slower pace of life surrounded by natural beauty.
Current Market Conditions in Balsam Lake, WI
The current real estate market in Balsam Lake is thriving, characterized by a mix of single-family homes, vacation properties, and cabins. Buyers are drawn to the area's scenic views and affordability compared to larger urban centers, leading to increased competition for well-priced homes. Recent market trends show a steady appreciation of property values, making it an attractive place for investment and long-term living.
Historically, Balsam Lake has maintained a stable market, but in recent months, there has been a noticeable increase in buyer interest, leading to faster sales times. Properties that are well-maintained and priced competitively are often receiving multiple offers, showcasing the growing demand in the area.
Home Value Estimator For Balsam Lake, WI
There are currently 1,898 real estate properties
in Balsam Lake, WI,
with a median automated valuation model (AVM) price
of $403,699.00. 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 $542,025.00, with the most expensive house
in Balsam Lake, WI, topping out
at $2,995,219.00 and the cheapest home
in Balsam Lake, WI,
clocking in at $20,866.00. 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.
Learn more on Foreclosure homes
