Active Listings
5
⇧ 150% vs 2 last year
Data as of March 2026. Source: Realtor.com.
The BALATON, MN real estate market (56115) currently shows 5 active listings, with 2 pending sales. Homes are averaging 173 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 173 days on market compared to 101 days last year.
The median listing price has risen 11.3% year-over-year, from $292,000 to $325,000.
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 March 2026, there are 5 active listings in BALATON, MN (zip code 56115), compared to 2 the prior year.
The median listing price in BALATON, MN 56115 is $325,000 as of March 2026, a 11.3% increase from $292,000 the prior year.
Homes in BALATON, MN 56115 spend an average of 173 days on the market before going under contract, compared to 101 days the prior year.
Based on current inventory and days-on-market data as of March 2026, BALATON, MN 56115 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 173 days on market compared to 101 days last year.
With SELL123.com's maximum 3% commission, sellers in BALATON, MN 56115 save an estimated $6,500 compared to a typical 5% commission on the median listing price of $325,000. 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.