Active Listings
6
⇧ 50% vs 4 last year
Population: 1,290 · Density: 4.0/mi² · Median household income: $65,455
Typical home value: $211,626 · Homeownership: 82.1%
Data as of January 2026. Source: Realtor.com.
The BALATON, MN real estate market (56115) currently shows 6 active listings, with 2 pending sales. Homes are averaging 104 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 taking longer to sell, averaging 104 days on market compared to 28 days last year.
The median listing price has risen 58% year-over-year, from $205,750 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56115 | Balaton, MN 56115 | 0.0 mi | 6 | $1,986,000 | $325,000 | $331,000 |
| 56169 | Russell, MN 56169 | 9.6 mi | 3 | $382,500 | $127,500 | $127,500 |
| 56151 | Lake Wilson, MN 56151 | 12.7 mi | 4 | $1,324,000 | $331,000 | $331,000 |
| 56175 | Tracy, MN 56175 | 13.3 mi | 13 | $2,812,940 | $190,500 | $216,380 |
| 56139 | Holland, MN 56139 | 15.7 mi | 2 | $525,000 | $262,500 | $262,500 |
| 56258 | Marshall, MN 56258 | 17.1 mi | 16 | $4,141,520 | $190,000 | $258,845 |
| 56113 | Arco, MN 56113 | 17.8 mi | 1 | $14,900 | $14,900 | $14,900 |
| 56149 | Lake Benton, MN 56149 | 20.8 mi | 7 | $1,602,720 | $89,900 | $228,960 |
| 56114 | Avoca, MN 56114 | 22.3 mi | 2 | $740,000 | $370,000 | $370,000 |
| 56141 | Iona, MN 56141 | 23.7 mi | 1 | $149,000 | $149,000 | $149,000 |
| 56164 | Pipestone, MN 56164 | 24.4 mi | 25 | $6,929,275 | $156,000 | $277,171 |
| 56128 | Edgerton, MN 56128 | 25.4 mi | 10 | $3,591,560 | $239,900 | $359,156 |
| 56183 | Westbrook, MN 56183 | 26.8 mi | 9 | $1,478,700 | $141,500 | $164,300 |
As of January 2026, there are 6 active listings in BALATON, MN (zip code 56115), compared to 4 the prior year.
The median listing price in BALATON, MN 56115 is $325,000 as of January 2026, a 58% increase from $205,750 the prior year.
Homes in BALATON, MN 56115 spend an average of 104 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of January 2026, BALATON, MN 56115 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 104 days on market compared to 28 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.