Albert Lea, MN Real Estate Market Summary – September 8, 2026
In Albert Lea, MN, a total of 29 homes were recorded as sold in the last 30 days, maintaining a pace of about 1 every 1.03 days. The average living area for these homes was approximately 1,727 square feet, with a median sale price of $189,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 29 |
| Sold Per Day | 1 every 1.03 days |
| Average SQFT | 1727 |
| Median Sales Price | $189,000 |
| Average Sales Price | $221,790 |
| Average Price Per SQFT | $135 |
| Average Days on Market | 16 |
| Average Year Built | 1956 |
Albert Lea, MN Single Family Home Analysis
For single-family homes, there were 27 sold, averaging around 1,690 square feet in size. The average sale price for these properties was approximately $225,811, with a median price also at $189,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 27 |
| Sold Per Day | 1 every 1.11 days |
| Average SQFT | 1690 |
| Median Sales Price | $189,000 |
| Average Sales Price | $225,811 |
| Average Price Per SQFT | $139 |
| Average Days on Market | 16 |
| Average Year Built | 1958 |
Albert Lea, MN Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- 29 homes recorded as sold over the past 30 days
- Average of 15 days on the market before sale
- Median sale price stands at $189,000
- Data does not include sales prices for condo townhomes.
Conclusion
Overall, the real estate market in Albert Lea appears stable with consistent activity in single-family homes. There have been no recent sales for condo townhomes, indicating a lack of available inventory in that segment.