311 2nd St   E, Balaton, MN 56115
Property image
Property image
OFF MARKET

311 2nd St E
Balaton, MN 56115

  • Studio

$207,100

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,313/mo*

$207,100

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,313/mo*
Studio
(on 12.75 acres)

Home Value

Trulia Estimate
$207K
Since last month
Increased$8K (+3.8%)
Since last year
Increased$3K (+1.6%)
Since last sale
Increased$60K (+38.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +83% in the last 10 years
MonthEstimated value
2026
August 2026$215K
July 2026$228K
June 2026$207K
May 2026$203K
April 2026$214K
March 2026$214K
February 2026$212K
January 2026$203K
2025
2024
2023
2022

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.30
Single-Family Home
$210,000
07/29/26
4
2
2,176
0.22
Single-Family Home
$155,000
05/28/26
4
1.5
2,184
0.27
Single-Family Home
$213,000
06/25/26
4
3
2,000
0.31
Single-Family Home
$360,000
10/24/25
4
2.5
2,924
0.45
Single-Family Home
$250,000
10/03/25
4
2
2,002
0.51
Single-Family Home
$155,000
07/07/26
2
1
1,630
0.45
Single-Family Home
$110,000
06/03/26
2
1
1,036
0.50
Single-Family Home
$250,000
01/09/26
4
2.5
2,898
0.45
Single-Family Home
$90,000
12/22/25
2
1
800
0.60
Single-Family Home
$180,000
10/03/25
4
2
1,717

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$84,800
2
1
916
Off Market
0.08
-
-
-
-
Off Market
0.19
$15,500
-
-
-
For Sale
0.19
$15,500
-
-
-
For Sale
0.19
$15,500
-
-
-
For Sale
0.19
$15,500
-
-
-
For Sale
0.20
-
-
-
-
Off Market
0.21
$15,500
-
-
-
For Sale
0.21
-
-
-
-
Off Market
0.22
$15,500
-
-
-
For Sale
0.22
$155,000
4
1.5
2,184
Recently Sold
0.22
$150,100
3
2
1,768
Off Market

Local Information

  • Map ViewExplore the area around 311 2nd St E.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Lot Size
12.75 acres

About this House

This single-family home is located at 311 2nd St E, Balaton, MN. 311 2nd St E is in Balaton, MN and in ZIP code 56115. This property has a lot size of 8.00 acres.
311 2nd St E, Balaton, MN 56115 is a studio single-family home. It last sold for $155,000 on Oct 7, 2021. It is currently off market. The Trulia Estimate is $207,100, with a rent estimate of $1,221/month.

Home Details for 311 2nd St E

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 12.75 acres

Price and Tax history

DateEventPrice
Oct 7, 2021
Source: NorthstarMLS as distributed by MLS GRID #5761067
Sold
$155,000
Aug 21, 2021
Source: NorthstarMLS as distributed by MLS GRID #5761067
Pending
$175,000
Aug 10, 2021
Source: NorthstarMLS as distributed by MLS GRID #5761067
PriceChange
$175,000
Price decreased by 8%
Jul 13, 2021
Source: NorthstarMLS as distributed by MLS GRID #5761067
PriceChange
$190,000
Price decreased by 16%
May 28, 2021
Source: NorthstarMLS as distributed by MLS GRID #5761067
Listed For Sale
$225,000

Market trends in Balaton

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
6
1
MoM
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Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Balaton

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say parking is easy

  • 100 % Say people would walk alone at night

  • 100 % Say there are sidewalks

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Jeremy g. j.
    "I've lived here for 3 yrs. and I love this small community. People are nice, not to mention that I love Victory Christian Church. They are a huge support in boosting this communities ability to flourish."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 311 2nd St E

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Off Market Homes Near 311 2nd St E

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Frequently asked questions about 311 2nd St E

  • What is 311 2nd St E estimated to be worth?
    Trulia's estimated value for 311 2nd St E in Balaton, MN is $207,100.
  • What is the price history for 311 2nd St E?
    311 2nd St E in Balaton, MN last sold for $155,000 in October 2021.
  • Is Balaton a buyer's or seller's market?
    Balaton is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 311 2nd St E?
    The closest schools to 311 2nd St E in Balaton, MN are Tracy Elementary School (Pre-K, rated 6/10), Tracy Secondary (Middle/High, rated 6/10).
  • How big is the lot at 311 2nd St E?
    The lot at 311 2nd St E in Balaton, MN is about 8 acres.