Balaton MN Multi Family for Sale

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Balaton Real Estate

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.

Balaton Weather

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.

Balaton Real Estate Market Conditions

  • Median sales price

    $50,000
    14.7% change since last quarter
  • # Active listings

    31
    30-day change

Balaton Schools and Demographics

Education near Balaton, MN

Metric City County
High School Graduates 93.8 93.02
College Degree - 2 year 11.41 14.04
College Degree - 4 year 16.38 26.86
Graduate Degree 1.24 4.49
Expenditures per Student 16,218 16,218
Students per Teacher 14 14

Elementary Schools near Balaton, MN

School Grades Students P/T Ratio ZIP
Lynd Elementary School PK - 04 102 6.9 56157
RTR Elementary School PK - 05 301 14.1 56170

Middle Schools near Balaton, MN

School Grades Students P/T Ratio ZIP
RTR Middle School 06 - 08 116 12 56169

High Schools near Balaton, MN

School Grades Students P/T Ratio ZIP
RTR High School 09 - 12 170 11.4 56178

Ungraded Schools near Balaton, MN

School Grades Students P/T Ratio ZIP
* RTR ALP 09 - 12 0 56178
MN Virtual School for Success 06 - 12 0 56178

Demographics near Balaton, MN

Metric City County
Neighborhood Type Small town
Population 568 25,477
Population Density 392 36
Median Age 39.1 35.9
People per Household 2.2 2.5
Median Household Income 53,750 62,388
Average Income per Capita 25,418 32,581