The median home value in Balaton, MN is $50,000. This is lower than the county median home value of $176,800. The national median home value is $338,100. The average price of homes sold in Balaton, MN is $50,000. Approximately 69.77% of Balaton homes are owned, compared to 24.81% rented, while 5.43% are vacant. Balaton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Balaton real estate agent to arrange a tour today!
Balaton, Minnesota has a population of 568. Balaton is less family-centric than the surrounding county with 30.2% of the households containing married families with children. The county average for households married with children is 33.19%.
The median household income in Balaton, Minnesota is $53,750. The median household income for the surrounding county is $62,388 compared to the national median of $69,021. The median age of people living in Balaton is 39.1 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 5.7 degrees. The average rainfall is approximately 28.4 inches per year, with 44.4 inches of snow per year.