The median home value in Balsam Lake, WI is $366,000. This is higher than the county median home value of $261,700. The national median home value is $338,100. The average price of homes sold in Balsam Lake, WI is $366,000. Approximately 44.55% of Balsam Lake homes are owned, compared to 12.98% rented, while 42.47% are vacant. Balsam Lake 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 Balsam Lake real estate agent to arrange a tour today!
Balsam Lake, Wisconsin has a population of 898. Balsam Lake is more family-centric than the surrounding county with 26.67% of the households containing married families with children. The county average for households married with children is 24.57%.
The median household income in Balsam Lake, Wisconsin is $44,965. The median household income for the surrounding county is $67,878 compared to the national median of $69,021. The median age of people living in Balsam Lake is 39.3 years.
The average high temperature in July is 80.9 degrees, with an average low temperature in January of 2.6 degrees. The average rainfall is approximately 32.5 inches per year, with 48.2 inches of snow per year.