Balsam Lake Real Estate Market

Balsam Lake Market

The median sale price for homes in Balsam Lake over the last 12 months is $127,000.


The median mortgage debt is $94,200.

Additional Statistics for Single Family Homes and Condos in Balsam Lake, WI
$197,170
Median Listing Price
76
Median Days on Market
55
Active Listings
16.4%
Distressed Listings
(foreclosures and short sales)
Balsam Lake, WI Price Trends - Sold vs. Listed
The median list price in May for single family homes in Balsam Lake was $199,900. The list prices dropped by -7.62% from the previous month.

The price per square foot for listings in this area is $151.

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Balsam Lake, WI Market Inventory Trends

The number of active listings in Balsam Lake increased by 10.4% from the previous month.

The median number of days active properties have been listed is 78. This is significantly shorter than the national average.

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Balsam Lake, WI Property Ownership

Balsam Lake has a high % of unoccupied properties. It is 31.44% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Balsam Lake is 16.4% below the national average.

The percent of rental properties in Balsam Lake is 12.24% below the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.