Balaton (56115) has an estimated 1,366 residents with 1,352 of those people in approximately 551 housing units. The 56115 zipcode contains 276 housing units that are owned with a mortgage or a loan, 202 housing units that are owned free and clear and 73 housing units that are renter occupied.

Zip code 56115 is in the Marshall metropolitan area.
The median estimated home value in Balaton, MN (56115) is $80,300 as of 2018-10-31

In Balaton, MN (56115), values have dropped by -0.00 from when they peaked at $80,600 in 2018-Q3

The Zillow Market Health Index for Balaton, MN (56115) is 4.05. The corresponding state value is 8.63. This is significantly lower than the overall Market Health Index of Minnesota.
Metro value is 7.40.
This is significantly lower than the overall Market Health Index of Marshall.