Balaton, MN Housing Market
$104,503
17.8% 1-yrThe average Balaton, MN home value is $104,503, up 17.8% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Balaton Key Takeaways
Typical Home Values: $104,503
1-Year Value Change: +17.8%
(Data through August 31, 2026)
Balaton Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Balaton
- NameMedian ZHVI
- Meadow View Addition$317,315
- Rowena--
- Pine Lakes Addition$505,133
- Norton Tracts$209,962
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Balaton Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Balaton, MN?
The median home value in Balaton, MN is $104,503 as of August 2026. This represents a 2.9% increase compared to last month and a 17.8% increase year-over-year.
How have home values changed in Balaton, MN?
Home values in Balaton, MN have increased by 2.9% month-over-month and 17.8% year-over-year.
How do home values in Balaton, MN compare to Lyon County, Minnesota, and the national average?
The median home value in Balaton, MN ($104,503) compares to: Lyon County ($220,187), Minnesota ($350,752), and the U.S. national median ($368,697).
