Active Listings
4
⇩ 42.9% vs 7 last year
Data as of September 2026. Source: Realtor.com.
The BALATON, MN real estate market (56115) currently shows 4 active listings. Homes are averaging 94 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 94 days on market compared to 105 days last year.
The median listing price has risen 1.2% year-over-year, from $285,000 to $288,350.
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 September 2026, there are 4 active listings in BALATON, MN (zip code 56115), compared to 7 the prior year.
The median listing price in BALATON, MN 56115 is $288,350 as of September 2026, a 1.2% increase from $285,000 the prior year.
Homes in BALATON, MN 56115 spend an average of 94 days on the market before going under contract, compared to 105 days the prior year.
Based on current inventory and days-on-market data as of September 2026, BALATON, MN 56115 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 94 days on market compared to 105 days last year.
With SELL123.com's maximum 3% commission, sellers in BALATON, MN 56115 save an estimated $5,767 compared to a typical 5% commission on the median listing price of $288,350. 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.