The median home in Balaton, Minnesota is valued at $91,793, up 5.8% year over year. Balaton is part of the Marshall, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$91,793

+5.8%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$18,359 on $91,793

Example: $75,000 household income. Change it above to see your own.

Affordable11.2% of income

Under the 28% guideline.

PITI$700

P/I11.2%

Afford$229K

Room+$138K

P&I $464Tax $86Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Balaton with other housing markets across Minnesota.

Minnetonka Beach$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

Full Marshall, MN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Marshall, MN metro.

View Marshall, MN metro

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Balaton, MN