Housing market · ZIP 56115
Balaton, MN Home Prices & Forecast
Median value and 12-month outlook · as of April 2026
Median home value
$219,023
3-month+2.8%
6-month+8.9%
12-month+11.0%
Touse 12-month forecast
+3.6%
Projected median near $227,015 over the next 12 months
As of April 2026, the median home value in Balaton, MN (ZIP 56115) is $219,023. Prices are rising, up 11.0% over the past year. Touse's model projects a +3.6% change over the next 12 months, putting the median near $227,015.
Nearby areas in Lyon
Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.