The median home value in Balaton, MN is $77,600. This is lower than the county median home value of $142,300. The national median home value is $219,700. The average price of homes sold in Balaton, MN is $77,600. Approximately 65.26% of Balaton homes are owned, compared to 18.95% rented, while 15.79% 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 56115 has a population of 590. Balaton 56115 is less family-centric than the surrounding county with 31.9% of the households containing married families with children. The county average for households married with children is 34.07%.
The median household income in Balaton, Minnesota 56115 is $48,125. The median household income for the surrounding county is $54,181 compared to the national median of $57,652. The median age of people living in Balaton 56115 is 39.1 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 6.9 degrees. The average rainfall is approximately 27.8 inches per year, with 41.1 inches of snow per year.