The median home value in Balsam Lake, WI is $460,000. This is higher than the county median home value of $168,000. The national median home value is $219,700. The average price of homes sold in Balsam Lake, WI is $460,000. Approximately 54.22% of Balsam Lake homes are owned, compared to 1.48% rented, while 44.3% 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 1,588. Balsam Lake is less family-centric than the surrounding county with 27.12% of the households containing married families with children. The county average for households married with children is 27.85%.
The median household income in Balsam Lake, Wisconsin is $68,750. The median household income for the surrounding county is $53,551 compared to the national median of $57,652. The median age of people living in Balsam Lake is 47.8 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 3.8 degrees. The average rainfall is approximately 32.3 inches per year, with 44.6 inches of snow per year.