Balsam Lake, WI Home Values & Market Trends
Real estate market trends reflect that there have been 92 transactions over the past year in Balsam Lake. The median value for residential home transactions that occurred over the previous year is $366,876.8. The number of current listings in Balsam Lake is 3, and the percentage of properties for sale in the city is 3.00%. Balsam Lake, WI currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 3 properties for sale.
Balsam Lake, WI Real Estate Market Overview
Zip | Median Est. Value |
---|---|
54810 | $ 388,194 $ 237/sqft |
Housing Market Summary for Balsam Lake, WI
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $250K | $366.9K | 46.78% |
Median Sold Price | $330.2K | $366.9K | 11.14% |
Homes For Sale | 1 | 3 | 200.00% |
Homes Sold | 44 | 57 | 29.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Balsam Lake, WI
Browse Homes in Balsam Lake, WI
Balsam Lake home values range from $23,507 to $4,200,000. The median estimated value of a home in Balsam Lake is $366,876.8. The median list price of a home is 725,000, and the total count of properties in the city is 2,153.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Balsam Lake, WI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Balsam Lake, WI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Balsam Lake, WI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Balsam Lake, WI. There is 1 zips within Balsam Lake, WI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Balsam Lake, WI. Auction homes and other auction properties account for 0% of all properties in Balsam Lake, WI. There is 1 zips within Balsam Lake, WI; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Balsam Lake, WI
Guide for Balsam Lake, WI
In Madison, WI homes have seen a gradual increase in property values, and sale price reach just under 500k in early 2024.
Madison’s real estate market continues to robustness, with varied trends across different market segments.
Milwaukee’s real estate market has shown growth with increasing property values and sold prices in the past year. However, the market contrasts with wealthier neighboring cities with higher average sold prices.
Wisconsin Foreclosure Laws