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


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

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