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Balsam Lake Real Estate Market

Housing
C+
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Suburban Rural Mix
Rent vs. Own
  • Rent
    34%
  • Own
    66%
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Real Estate Costs

Median Home Value
$129,300
National
$184,700
Home Values
  • <$50k
    27%
  • $50-$99k
    12%
  • $100-$199k
    29%
  • $200-$399k
    21%
  • $400-$749k
    9%
  • $750k+
    2%
Median Rent
$775
National
$949
Monthly Rent
  • <$500
    9%
  • $500-$999
    65%
  • $1,000-$1,499
    26%
  • $1,500-$1,999
    0%
  • $2,000+
    0%

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Homes in Balsam Lake have a median value of $129,300. The median rent price in Balsam Lake is $775 and most residents own their homes. Balsam Lake is walkable, and there are a lot of bars nearby.
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