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BALSAM LAKE, WI 54810

Real Estate Market Report  ·  Polk County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
vs 4 last year
Pending
2
50% pending ratio
Median Price
$284,450
⇩ 35.7% vs $442,450 last year
Average Price
$284,450
⇩ 75.8% vs $1,175,218 last year
Days on Market
61
⇩ 55.8% vs 138 days last year

Market Context

Population: 2,810  ·  Density: 23.4/mi²  ·  Median household income: $65,417

Typical home value: $235,022  ·  Homeownership: 83.4%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The BALSAM LAKE, WI real estate market (54810) currently shows 4 active listings, with 2 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 61 days on market compared to 138 days last year.

The median listing price has fallen 35.7% year-over-year, from $442,450 to $284,450.

Whether you are buying or selling in BALSAM LAKE, WI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 61 now vs 138 last year

Median & Average Pricing

Year over Year
  • Median: $284,450 (-35.7% YoY)
  • Average: $284,450 (-75.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.6 miles — 192 listings ($80,036,180 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54810Balsam Lake, WI 548100.0 mi4$1,137,800$284,450$284,450
54824Centuria, WI 548247.6 mi2$320,000$160,000$160,000
54001Amery, WI 540018.8 mi23$9,805,360$382,450$426,320
54009Dresser, WI 5400912.0 mi4$1,725,600$476,250$431,400
54837Frederic, WI 5483714.8 mi6$2,251,998$325,000$375,333
55084Taylors Falls, MN 5508415.7 mi5$1,749,750$339,900$349,950
54829Cumberland, WI 5482916.8 mi8$3,044,944$340,714$380,618
55074Shafer, MN 5507417.8 mi6$3,929,802$600,000$654,967
54805Almena, WI 5480517.8 mi2$618,900$309,450$309,450
54007Deer Park, WI 5400718.9 mi1$519,900$519,900$519,900
54872Siren, WI 5487221.3 mi8$2,725,064$325,000$340,633
55045Lindstrom, MN 5504522.1 mi22$9,158,842$412,500$416,311
54017New Richmond, WI 5401724.6 mi101$43,048,220$419,900$426,220

Frequently Asked Questions

How many homes are for sale in BALSAM LAKE, WI 54810?

As of January 2026, there are 4 active listings in BALSAM LAKE, WI (zip code 54810), compared to 4 the prior year.

What is the median home price in BALSAM LAKE, WI 54810?

The median listing price in BALSAM LAKE, WI 54810 is $284,450 as of January 2026, a 35.7% decrease from $442,450 the prior year.

How long do homes stay on the market in BALSAM LAKE, WI?

Homes in BALSAM LAKE, WI 54810 spend an average of 61 days on the market before going under contract, compared to 138 days the prior year.

Is it a seller's or buyer's market in BALSAM LAKE, WI 54810?

Based on current inventory and days-on-market data as of January 2026, BALSAM LAKE, WI 54810 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 61 days on market compared to 138 days last year.

How much can I save on real estate commission in BALSAM LAKE, WI?

With SELL123.com's maximum 3% commission, sellers in BALSAM LAKE, WI 54810 save an estimated $5,689 compared to a typical 5% commission on the median listing price of $284,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.