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Home values, rents and more in Balsam Lake, WI

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$428,000
Wisconsin: $337,000 · U.S.: $366,000
Home values, past year
+5.3%
Wisconsin: +5.1% · U.S.: +1.2%
Population
754
ACS 2020–24
Median household income
$52,011
Wisconsin: $77,485 · U.S.: $80,734
ZIP codes around Balsam Lake, WI, shaded by typical home valueBalsam Lake
  • Under $330k
  • $330k–$350k
  • $350k–$370k
  • $370k–$390k
  • $390k+
  • No data
ZIP codes around Balsam Lake, WI, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Balsam Lake is outlined.

How Balsam Lake compares

The typical home in Balsam Lake, WI is worth about $428,000, according to the Zillow Home Value Index for September 2026. Home values in Balsam Lake are 27% above the typical value in Wisconsin ($337,000) and 17% above the U.S. typical value ($366,000).

Over the past year, home values in Balsam Lake rose 5.3%, compared with +5.1% in Wisconsin and +1.2% nationally.

The median household income is $52,011, against $77,485 in Wisconsin and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 754 people live in Balsam Lake (American Community Survey 2020–24).

Balsam Lake has the 147th-highest typical home value of the 690 cities in Wisconsin with Zillow figures.

Part of: Polk County, WI · Wisconsin

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Balsam Lake, WI

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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