Are home prices going up or down in Albert Lea, MN?
In Albert Lea, MN, the typical home sold for $191,000 during May 2026. That is 2% lower than the same stretch a year ago, so prices are down.
Over the last 36 months the typical sale price in Albert Lea, MN went from $172,250 to $191,000 — up 11%.
The high point was $254,000, reached in June 2025. Today's typical sale is 25% below that.
Measured by size, homes in Albert Lea, MN are selling for about $118 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Albert Lea, MN area, through May 2026.
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More about the Albert Lea, MN market
- When is the best month to sell a house in Albert Lea, MN?
- How long does it take to sell a house in Albert Lea, MN?
- Do homes sell above asking price in Albert Lea, MN?
- Is Albert Lea, MN a buyer's market or a seller's market?
- How many homes are for sale in Albert Lea, MN?
- All Albert Lea, MN housing numbers
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Figures come from Redfin's published market data for the Albert Lea, MN area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.