Balsam Lake, WI Home Values & Market Trends
Real estate market trends reflect that there have been 55 transactions over the past year in Balsam Lake. The median value for residential home transactions that occurred over the previous year is $379,135. The number of current listings in Balsam Lake is 52, and the percentage of properties for sale in the city is 52.00%. Balsam Lake, WI currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 52 properties for sale.
Balsam Lake, WI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 54810 | $ 379,135 $ 188/sqft |
Housing Market Summary for Balsam Lake, WI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $322.5K | $342.4K | 6.19% |
| Median Sold Price | $304K | $298.3K | -1.88% |
| Homes For Sale | 28 | 50 | 78.57% |
| Homes Sold | 41 | 19 | -53.66% |
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 $49,848 to $2,771,243. The median estimated value of a home in Balsam Lake is $379,135. The median list price of a home is 342,450, and the total count of properties in the city is 74.
- 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.
- Auctions54810 has 2 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 2.70% 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 $291,753 in 54810 to the lowest value of $212,803 in 54810.
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Guide for Balsam Lake, WI
Wisconsin Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.