Real Estate For Sale In
Albert Lea, MN
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133
Available Listings
Browse our selection of 133 properties for sale in Albert Lea, MN. Our curated catalog features the latest listings, and our website provides you with all the resources you need to make an informed purchase decision. You will find high-quality property photos, detailed listing descriptions, 3D tours, maps, and relevant community information.
As you delve into the detailed listings, you can save your favorite properties for sale in Albert Lea, MN, review their latest estimated valuation, and use our mortgage calculator to project monthly mortgage payments, taxes, fees, and insurance. Have a question about a property or the area? Simply ask a question, and our vetted local partner will get back to you.
For personalized financing options and info, complete our contact form to speak with a lender about your financing options, get pre-qualified for a mortgage, or get more information about what is possible.
But why stop at virtual browsing? Schedule an in-person or video-chat tour with a local agent to see your potential new property in Albert Lea, MN firsthand. Contact a professional real estate agent for further details, inquire about a property's availability, or express your interest in making an offer.
Properties For Sale in Albert Lea, MN: Market Trends
In Albert Lea, MN, the real estate market currently features 96 properties for sale. Additionally, 4 properties are under contract and poised to close soon. The recent sales data shows that property sales in Albert Lea, MN have an average sale price of $145,910 and an average cost per square foot of $88. On average, properties in Albert Lea, MN typically spend about 94 days on the market before being sold.
The real estate market in Albert Lea, MN presents a wide array of pricing options, ranging from the most budget-friendly property for sale in Albert Lea, MN priced at $47,080 to the highest-valued residence listed for $799,000. This variety caters to buyers with different financial situations and preferences, ensuring everyone can find a property that meets their needs.
Albert Lea, MN Market Snapshot
Active Listings
133
Pending Sales
4
Average Sale Price
$145,910
Average Price Per Sq. Ft.
$88
Days on the Market
94
Last year's property sales
256
Months of supply
0.2
Real Estate For Sale in Albert Lea, MN: Summary/Overview
Find your dream property in the heart of Albert Lea, MN. ez Home Search updates listings every minute to give you a wide array of properties across Freeborn County, spanning 5 distinct zip codes.
Prospective buyers in the Albert Lea, MN real estate market have various options to suit their various preferences, from construction date and square footage to lot size, design, and the number of stories. Properties in Albert Lea, MN vary widely in construction date, ranging from as early as 1879 to as recent as 2025, with the majority constructed in 1957. Property sizes also vary considerably, from compact units starting at 660 Sq Ft to spacious estates reaching up to 3,882 Sq Ft.
Lot sizes in Albert Lea, MN cater to a broad spectrum of preferences, from manageable plots of 0.06220000088214874 acres that are perfect for those seeking a low-maintenance lifestyle to large estates spanning up to 2.2943999648093563 acres, ideal for extensive outdoor activities and ambitious landscaping projects.
The architectural styles and structural designs in Albert Lea, MN are equally varied, with being the predominant style across 0 listings. In terms of structure, most properties are 1.0 story properties featured in 133 properties for sale.
For those considering the financial aspects of homeownership, the range of Homeowners' Association (HOA) fees in Albert Lea, MN varies from $10.0 to $362.4580056762695, with 94 properties exempt from these fees. This comprehensive range ensures that prospective buyers like yourself can find a property for sale that fits their lifestyle and budget in Albert Lea, MN.
Frequently Asked Questions
How many properties are for sale in Albert Lea, MN?
There are 133 properties for sale in Albert Lea, MN. More active properties usually means better selection and a little more time to compare before you offer.
What is the median list price of properties in Albert Lea, MN?
The median list price is $206,400. Median is a clearer "typical" price than average because extreme outliers—like a few luxury estates at the top or a few short sales/fixers at steep discounts—don't pull it up or down as much.
What is the average list price of properties in Albert Lea, MN?
The average list price is $245,274. Compare average vs. median to read the market's "tilt": when average is higher than median, upper-end properties are likely lifting the market; when average is lower than median, more lower-priced or discounted properties may be in the mix. A big gap in either direction usually means the current inventory is skewed.
What is the median price per square foot for properties in Albert Lea, MN?
Properties list at a median $125 per sq ft in Albert Lea, MN. Price-per-foot helps you compare value across neighborhoods and renovations; newer or recently updated properties often sit above the median.
How long do properties typically stay on the market in Albert Lea, MN?
The median days on market (DOM) is 62 days. Shorter DOM signals stronger demand—expect quicker tours and faster decisions when DOM is low; longer DOM often means you can compare more and negotiate.
What is the housing months of supply for properties in Albert Lea, MN?
Months of supply (MOS) is 3.8. MOS estimates how long it would take to sell all current listings at the recent sales pace if no new properties were listed. As a rule of thumb, 3–6 MOS is balanced; below 3 tends to favor sellers (move fast, expect competition), while above 6 can give buyers more leverage and time.
How many properties sold in the last 12 months in Albert Lea, MN?
256 properties sold over the last 12 months. Viewed together with MOS, this gives you a clear read on demand versus supply and helps your ez Home Search partner agent guide you to the best options and strategy.
How many new property listings came on the market in the last 7 and 30 days in Albert Lea, MN?
4 new listings in the past 7 days and 34 in the past 30 days. Frequent new listings mean fresh choices appear often; slower weeks suggest acting quickly when the right property appears.
How many property listings had a price reduction in the last 30 days in Albert Lea, MN?
0 listings reduced price in the last 30 days. Price cuts can signal sellers aligning to demand—use them to spot improving values or timing for offers.
Is it more or less expensive to live in Albert Lea, MN compared with the U.S. average?
Living in Albert Lea, MN indexes at 230 versus a U.S. baseline of 100 = 100. Above 100 means higher-than-average costs; below 100 means lower—handy context for your monthly budget.
What is the median property size for properties for sale in Albert Lea, MN?
The median interior size is 1,740 sq ft. This tells you the "typical" amount of living space you'll see at common price points, which helps you set expectations for rooms and layout before touring.
What is the median lot size for properties for sale in Albert Lea, MN?
The median lot size is 0.22 acres. Closer-in neighborhoods usually have smaller lots; farther out you'll often find more land—compare lot size alongside price-per-foot to balance yard space and interior space.
How many one-story vs. two-story properties are for sale in Albert Lea, MN?
About 84% one-story, 16% two-story, and 0% three-plus-story properties are active. Single-story properties are often in tighter supply and attract buyers who want fewer stairs, which can lead to quicker sales and firmer pricing when demand is strong.
What is the median year built for properties for sale in Albert Lea, MN?
The median year built among active properties is 1957. Newer properties typically offer modern systems and energy efficiency; older properties may offer larger lots and classic details, though some may need updates—factor both into your budget and timeline.
Which neighborhoods currently have the most properties for sale in Albert Lea, MN?
You'll find the most active properties for sale in the Home Add, Halls Add, Shoreland Heights, School Add, Chapeau Shores Second Add communities. Starting your search there usually gives you more options in a single tour.
What is the typical monthly HOA for properties for sale in Albert Lea, MN?
The median HOA is $225 per month (where applicable). HOA dues affect your monthly affordability and loan qualification—use our mortgage calculator to see the full picture.
How much do you need to make to afford a property in Albert Lea, MN?
The median property price in Albert Lea, MN is $206,400. With a 20% down payment ($41,280) and a 30-year fixed at 7.0%, the estimated principal-and-interest (P&I) payment is $1,098/month (plus property taxes, homeowners insurance, HOA dues, PMI if required, and utilities). Based on the 28/36 guideline for housing costs—where total housing expenses should be about 28% to 36% of your gross income—you'd want a household income of roughly $47,080 to $36,618 per year. Use our pre-approval form to know exactly what you qualify for and to be able to make a stronger offer.
How are the schools near properties for sale in Albert Lea, MN?
Many properties in Albert Lea, MN are served by well-rated public and private schools; check each listing's school panel for boundary notes and current ratings, then compare nearby options as you narrow neighborhoods.
HOA Monthly Fees of Properties for Sale
Construction Dates of Properties for Sale
Square Footage of Properties for Sale
Lot Sizes of Properties for Sale
Number of Stories of Properties for Sale
HOA Monthly Fees of Properties for Sale
Properties For Sale in Albert Lea, MN: Basic Features
Discover the essential features of properties for sale in Albert Lea, MN with our detailed listings. Whatever your preferences in size or style, each property offers a range of foundational amenities to enhance your living experience.
Utilities
Sewer
Public
102
Private
0
Basement
ADA Accessible
Yes
9
No
124
Properties For Sale in Albert Lea, MN: Interior Features
Bedroom Count of Properties for Sale in Albert Lea, MN
Bathroom Count of Properties for Sale in Albert Lea, MN
Properties with Fireplaces in Albert Lea, MN
Homes with 1 fireplace
31
Homes with 2 fireplaces
6
Homes with 3+ fireplaces
2
Homes with no fireplaces
0
Popular Flooring in Albert Lea, MN
Popular Security Features in Albert Lea, MN
Properties For Sale in Albert Lea, MN: Exterior Features
Properties with a pool in Albert Lea, MN
Popular Roof Types in Albert Lea, MN
Metal
1
Wood
0
Concrete
0
Tiles
0
Slate Roofing
0
Asphalt Shingle
40
Composite Material
0
Membrane Roofing
0
Shingles
7
Waterfront Properties in Albert Lea, MN
Patio and Porch Features of Properties for Sale in Albert Lea, MN
Garage Spaces of Properties for Sale in Albert Lea, MN
Properties For Sale in Albert Lea, MN: Listing Overview
Albert Lea, MN Properties Listing Overview
Active Properties Listings in Albert Lea, MN
133
Properties Listings Under Contract in Albert Lea, MN
4
Price-Reduced Properties Listings in Albert Lea, MN
0
Recently Sold Properties in Albert Lea, MN
256
Real Estate For Sale in Albert Lea, MN: Demographic Data
Family Composition in Albert Lea, MN
Families with children
12.78%
Families without children
26.09%
Gender in Albert Lea, MN
Male
48.92%
Female
51.08%
Population by Age in Albert Lea, MN
Under 18
21.23%
18-64
53.599999999999994%
65 and over
25.15%
Marital Status by Gender in Albert Lea, MN
Never Married
Male 37.98% / Female 34.94%
Now Married
Male 45.1% / Female 38.55%
Divorced
Male 13.03% / Female 11.55%
Widowed
Male 3.89% / Female 14.96%
Occupied VS. Vacant Units in Albert Lea, MN
Occupied
7177
Vacant
534
Ownership of Occupied Units in Albert Lea, MN
Owner Occupied
5145
Renter Occupied
2032
Population by Education Level in Albert Lea, MN
No Degree
65.91%
Some High School
15.73%
High School
32.5%
Some College
22.59%
Associates
13.27%
Bachelors
10.98%
Post-grad
8.28%
Population of Veterans in Albert Lea, MN
Veterans
6.98%
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