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Why Live in Albany

Albany, MN, established in the 1800s, balances its historic charm with modern living amidst Central Minnesota's farmland. With a population of fewer than 3,000 residents, this former railroad community has transformed its old train tracks into a trail adjacent to downtown. Shops and restaurants line Railroad Avenue, reflecting the town's history. Albany Area School is the largest local employer, and the school district is highly regarded, with Albany Elementary School and Albany Area High School both receiving high ratings. The high school is notable for its strong basketball program and opportunities for students to earn college credits. Housing in Albany ranges from historic bungalows and cottages to midcentury ranch-style and modern homes, with many located in subdivisions north of downtown. Recreational options include North Park, featuring North Lake, athletic facilities, and a disc golf course, as well as the 65-mile Lake Wobegon Trail and Albany Golf Club. Downtown offers a variety of dining options, including Shady’s Hometown Tavern and Barbacoa, and essential shopping at Teal’s Market and CVS. Community events like Albany Heritage Day and Pioneer Days celebrate the town's heritage with parades, live music, and historical reenactments. Albany's location along Interstate 94 provides convenient access to St. Cloud, 20 miles away, and Minneapolis, 85 miles away, with additional transportation options through Tri-Cap and nearby airports.

Home Trends in Albany, MN

Housing Trends

Median Sale Price
$263,500
Median Single Family Sale Price
$275,825
Average Price Per Sq Ft
$145
Number of Homes for Sale
6
Last 12 months Home Sales
22
Months of Supply
3.30
Median List Price
$275,825
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%
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