Explore Albany
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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 Prices in Albany, MN
The median home sale price in Albany, MN is $274,000, down 3% year-over-year. Homes in Albany sell in 61 days on average, compared to the national average of 57 days.
Home Price Trends
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Median Sale Price
$274,000
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Median Single Family Sale Price
$274,000
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Median 2 Bedroom Sale Price
$200,000
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Average Price Per Sq Ft
$139
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Number of Homes for Sale
4
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Last 12 months Home Sales
27
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Months of Supply
1.80
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Median List Price
$270,000
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Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
-3%
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