Housing · Albert Lea

Albert Lea, MN housing market

Homes typically sell in 41 days, close to asking.

Home values, sales, trends and how Albert Lea compares with the towns next door — updated as new data is published.

The market right now

Albert Lea at a glance

Median sale price
$175K
May 2026 · Redfin
Days on market
41
Minnesota: 25 days
Sale-to-list
98.8%
Homes sell near asking
Homes sold
25
in May · 84 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 3.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Nearby

Albert Lea and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Albert Lea — — 41 $64,603
Albert Lea $183K +4.6% — $75,000
Affordability

2.4 years of income

The typical Albert Lea home costs about 2.4 years of the town's median household income, less than across Minnesota (3.9 years).

How Albert Lea ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
74.1%
Minnesota: 72.2%
Median tax bill
$1,803
Minnesota: $3,357
Median rent
$857
Minnesota: $1,280
Typical home built
1960
Minnesota: 1979

U.S. Census Bureau, ACS 2020-2024.

On the market

Recent listings in Albert Lea

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Albert Lea

Minnesota · MN
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01