The median home value in Balkan, MN is $163,100. This is higher than the county median home value of $153,000. The national median home value is $219,700. The average price of homes sold in Balkan, MN is $163,100. Approximately 72.65% of Balkan homes are owned, compared to 6.73% rented, while 20.63% are vacant. Balkan real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Balkan real estate agent to arrange a tour today!
Balkan, Minnesota has a population of 854. Balkan is more family-centric than the surrounding county with 34.57% of the households containing married families with children. The county average for households married with children is 26.75%.
The median household income in Balkan, Minnesota is $66,250. The median household income for the surrounding county is $50,936 compared to the national median of $57,652. The median age of people living in Balkan is 45.4 years.
The average high temperature in July is 76.8 degrees, with an average low temperature in January of -2.9 degrees. The average rainfall is approximately 29.2 inches per year, with 66.2 inches of snow per year.