Real Estate Price Maphome prices by county

Balaton, MN home prices

Data as of · by the Real Estate Price Map data team · methodology & sources

Balaton, MN is rising fast, a value area.

Momentum+4.5%Rising fast
Vs typical-68%Below average

Real Estate Price Map scores, derived from the data on this page · how we calculate them

2013: $55,393 → today: $95,934 (1.7×)

Typical home value
$95,934
Zillow ZHVI
Since 2013
+73.2%
Rank in MN
#692
of 695 cities

Market read

At $95,934, homes in Balaton are 68% below the typical MN city ($297,470), ranking #692 of 695 we track in the state.

Prices are up 4.5% over the last year.

Balaton sits in Lyon County — see the full county market data →

Home value history

Zillow Home Value Index, yearly.

Other cities in Minnesota

Minnetonka Beach · Greenwood · Woodland · Sunfish Lake · Medicine Lake · Orono

Frequently asked questions

What is the average home price in Balaton, MN?
The typical Balaton, MN home is worth $95,934 — 68% below the typical Minnesota city ($297,470).
Are home prices in Balaton rising?
Balaton home values have risen +73.2% since 2013, and moved +4.5% in the last year.
What county is Balaton in?
Balaton is in Lyon County, where you can see full county market data.
Balaton, MN home value by year
YearBalaton, MN home value
2013$55,393
2014$62,391
2015$66,252
2016$66,897
2017$73,453
2018$75,801
2019$75,006
2020$77,759
2021$86,686
2022$85,444
2023$86,205
2024$87,789
2025$91,832
2026$95,934