Balsam Lake Real Estate Market Extends Growth in Home Prices

More sellers put their homes up for sale in the Balsam Lake market over the last 30 days and the number of new listings spiked this week to three. Home sales remained unchanged from the prior period and once again one home was sold. Prices were able to climb as this week's reported median sales price of $118,000 continued a four-week upswing. Along with flat sales, a relatively high 12 months of inventory indicates that Balsam Lake is a definite buyer's market.

If you are interested in an upscale house in Balsam Lake, make sure you see some of these great listings:

$1.3M   $549K   $450K  

Get started right now by checking out Balsam Lake homes for sale or reviewing Balsam Lake real estate trends.

Demographic facts about Balsam Lake:

  • The median value of all homes is $132,500.
  • This area usually gets 111 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 7.4%.
  • For every teacher there are 13.2 students in this area. (15.3 = national average)

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Re/Max Synergy
Snapped 2 homes in this area

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.