Balaton MN Real Estate & Homes For Sale
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Based on information submitted to the MLS GRID as of 2026-11-09 10:08:14 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#28) By searching NorthstarMLS listings you agree to the [NorthstarMLS End User License Agreement](https://www.mlsgrid.com/s/RMLS-EULA.pdf)
Buying a Home in Balaton MN: Frequently Asked Questions
How much do homes cost in Balaton MN?
The Zillow Home Value Index for Balaton, MN stands at $108,977 as of September 2026. This index reflects the value of all homes in the area, not only the ones currently listed for sale, so it gives a broader picture than asking prices alone.
Are home values going up or down in Balaton MN?
Home values in Balaton, MN have increased by 19.6% over the past year as of September 2026. That movement brings the Zillow Home Value Index to $108,977.
Is Balaton MN a buyer's or seller's market?
Balaton, MN is currently a neutral market according to Zillow Market Temperature. A neutral designation generally means that neither buyers nor sellers hold a clear edge in how quickly homes sell or how much competition there is.
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