Active Listings
7
⇧ 40% vs 5 last year
Data as of July 2026. Source: Realtor.com.
The BALATON, MN real estate market (56115) currently shows 7 active listings, with 1 pending sales. Homes are averaging 49 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 49 days on market compared to 124 days last year.
The median listing price has risen 30.4% year-over-year, from $238,725 to $311,250.
Whether you are buying or selling in BALATON, MN, 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.
Population: 1,290 · Density: 4.0/mi² · Median household income: $65,455
Typical home value: $211,626 · Homeownership: 82.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56115 | Balaton, MN 56115 | 0.0 mi | 4 | $1,280,000 | $325,000 | $320,000 |
| 56169 | Russell, MN 56169 | 9.6 mi | 3 | $540,000 | $180,000 | $180,000 |
| 56151 | Lake Wilson, MN 56151 | 12.7 mi | 3 | $993,000 | $331,000 | $331,000 |
| 56175 | Tracy, MN 56175 | 13.3 mi | 14 | $2,680,048 | $162,200 | $191,432 |
| 56139 | Holland, MN 56139 | 15.7 mi | 2 | $514,900 | $257,450 | $257,450 |
| 56258 | Marshall, MN 56258 | 17.1 mi | 17 | $4,579,528 | $214,975 | $269,384 |
| 56239 | Ghent, MN 56239 | 20.0 mi | 1 | $99,900 | $99,900 | $99,900 |
| 56180 | Walnut Grove, MN 56180 | 21.6 mi | 6 | $827,232 | $113,750 | $137,872 |
| 56114 | Avoca, MN 56114 | 22.3 mi | 3 | $1,239,000 | $375,000 | $413,000 |
| 56141 | Iona, MN 56141 | 23.7 mi | 2 | $169,000 | $84,500 | $84,500 |
| 56164 | Pipestone, MN 56164 | 24.4 mi | 29 | $7,361,534 | $159,675 | $253,846 |
| 56128 | Edgerton, MN 56128 | 25.4 mi | 9 | $3,242,817 | $239,900 | $360,313 |
| 56183 | Westbrook, MN 56183 | 26.8 mi | 9 | $1,252,386 | $112,750 | $139,154 |
As of July 2026, there are 7 active listings in BALATON, MN (zip code 56115), compared to 5 the prior year.
The median listing price in BALATON, MN 56115 is $311,250 as of July 2026, a 30.4% increase from $238,725 the prior year.
Homes in BALATON, MN 56115 spend an average of 49 days on the market before going under contract, compared to 124 days the prior year.
Based on current inventory and days-on-market data as of July 2026, BALATON, MN 56115 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 49 days on market compared to 124 days last year.
With SELL123.com's maximum 3% commission, sellers in BALATON, MN 56115 save an estimated $6,225 compared to a typical 5% commission on the median listing price of $311,250. 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.