Albert Lea, MN Homes for Sale

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  /29

  $224,900

  • 2 Beds
  • 1.5 Baths
  • 1,191 Sq Ft

  1314 Dunham St, Albert Lea, MN 56007

  Check out this Cape Cod style, meticulously maintained home, situated on an oversized lot. This home features a spacious sunroom, main floor laundry, as well as an oversized 24x36 dream garage for a hobbyist or car enthusiast. The home's 2nd level offers 300+ sq ft of additional potential space, perfect for a playroom, office, 3rd bedroom, extra storage, etc.

  Jared Dawson Leland Realty

  1314 Dunham St, Albert Lea, MN 56007
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  /29

  $224,900

  • 2 Beds
  • 1 Bath
  • 1,069 Sq Ft

  1930 Wilby Rd, Albert Lea, MN 56007

  Schedule your appointment today to tour this single level two bedroom condo located on Fountain Lake. This location has views of the bay adjacent to a municipal park that provides vibrant fall colors and privacy from the rear patio of this condo. This brick constructed condo also has a gas masonry fireplace in the living room, newly installed accessible bathroom shower unit and much more. Unit

  Craig Hoium Century 21 Atwood

  1930 Wilby Rd, Albert Lea, MN 56007
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  /26

  $159,900

  • 2 Beds
  • 2 Baths
  • 980 Sq Ft

  507 E Hawthorne St, Albert Lea, MN 56007

  Nice and clean, move in ready ranch style home. Two bedrooms, one currently has the washer/dryer in it. Cozy fireplace, cute kitchen, nice layout and well maintained inside and out. Fully fenced in backyard and nicely landscaped. Great location, close to a park and the fairgrounds. This home is a just move in and enjoy!

  Norena Brekke Leland Realty

  507 E Hawthorne St, Albert Lea, MN 56007
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  /53

  $549,900

  • 3 Beds
  • 2.5 Baths
  • 2,424 Sq Ft

  2017 Highland Ave, Albert Lea, MN 56007

  Nestled along the rolling greens of the golf course, this beautifully designed 3 bedroom, 3 bathroom ranch style home offers comfort, style, and convenience in one seamless package. Inside, you will find an expansive open floor plan that flows effortlessly from the living area to the kitchen and dining space - perfect for entertaining or cozy evenings in. The home boasts a spacious 3 car garage

  Matt Johnson Leland Realty

  2017 Highland Ave, Albert Lea, MN 56007
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  /31

  $343,000

  • 3 Beds
  • 2.5 Baths
  • 2,444 Sq Ft

  319 Garden Rd, Albert Lea, MN 56007

  Beautifully Maintained 3-Bed, 3-Bath Home on a Corner Lot – Move-In Ready!This well-maintained home offers three levels of living space and a large, fenced-in corner lot—perfect for entertaining, gardening or relaxing outdoors. Enjoy beautiful landscaping, mature trees for privacy, raised garden beds, and extra storage sheds. An additional parking pad next to the garage is ideal for a camper

  Jared Dawson Leland Realty

  319 Garden Rd, Albert Lea, MN 56007
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  /63

  $349,900

  • 4 Beds
  • 4 Baths
  • 3,986 Sq Ft

  315 W Fountain St, Albert Lea, MN 56007

  Step into timeless elegance in this captivating 4-bedroom historic home, where original character meets everyday comfort. The spacious living room welcomes you with warm hardwood floors perfect for relaxing or entertaining. Multiple sunrooms offer cozy nooks bathed in sunlight-ideal for morning coffee or leafy plants-while the charming library provides a quiet retreat with rich wood details and

  Matt Johnson Leland Realty

  315 W Fountain St, Albert Lea, MN 56007
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  /39

  $299,900

  • 2 Beds
  • 2 Baths
  • 1,384 Sq Ft

  706 19th St, Albert Lea, MN 56007

  Nestled on the peaceful outskirts of town, this inviting ranch-style home sits on a sprawling 15.7-acre property, offering the perfect blend of countryside tranquility and convenient access to local amenities. With its classic single-level design, the home exudes warmth and comfort, featuring a layout that maximizes space and natural light. Outside, the expansive acreage provides endless

  Heather Allen Leland Realty

  706 19th St, Albert Lea, MN 56007
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  /49

  $429,900

  • 3 Beds
  • 2.5 Baths
  • 2,694 Sq Ft

  205 Ridge Rd, Albert Lea, MN 56007

  Schedule your appointment today to tour this spacious two-story three bedroom home with a fully equipped gourmet kitchen which includes a double oven, walk-in pantry, warming drawer, large center island and granite counter tops. Other home upgrades include large primary bedroom suite with full primary bathroom, composite decking and aluminum guardrails on the two level deck, new roof and

  Craig Hoium Century 21 Atwood

  205 Ridge Rd, Albert Lea, MN 56007
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  /49

  $575,000

  • 4 Beds
  • 2.5 Baths
  • 3,857 Sq Ft

  2704 Campus Ln, Albert Lea, MN 56007

  This stunning home has it all! Situated at the end of a quiet street, this incredible lot offers privacy and an unparalleled combination of woods, and an amazing lake setting. This beautifully designed and maintained home features vaulted ceilings, a step-down living room and cozy four-season room looking out to the lake, a primary ensuite on the main level with a tub, separate shower, and a

  Jared Dawson Leland Realty

  2704 Campus Ln, Albert Lea, MN 56007
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  /83

  $999,900

  • 3 Beds
  • 3.5 Baths
  • 5,058 Sq Ft

  2313 W 9th St, Albert Lea, MN 56007

  This exquisite home features high end finishes and custom built-ins throughout with walls of windows and water views from almost every room. The open concept floor plan includes a gourmet kitchen, walk-in pantry, living and dining area with gas fireplace. The main floor den/office features custom built-ins and the sunroom includes a wet bar with beverage drawers, and gas fireplace making this

  Craig Hoium Century 21 Atwood

  2313 W 9th St, Albert Lea, MN 56007
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  /37

  $399,000

  • 4 Beds
  • 3 Baths
  • 3,282 Sq Ft

  1613 Bunker Hill Rd, Albert Lea, MN 56007

  Welcome to this well maintained, move in ready 4 bedroom, 3 bath home featuring a spacious 3 car garage, large deck and a fenced in yard - perfect for outdoor relaxation and entertaining. Step inside to discover a bright and airy family room with vaulted ceilings and a built-in entertainment center, providing a cozy yet modern feel. The generous primary suite boasts a luxurious ensuite

  Steve Lehner Leland Realty

  1613 Bunker Hill Rd, Albert Lea, MN 56007
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  /21

  $253,900

  • 2 Beds
  • 2 Baths
  • 1,390 Sq Ft

  1823 Lakewood Ave Unit 2, Albert Lea, MN 56007

  Schedule your appointment today to tour this two bedroom condo with many upgrades which include the following: new screen doors, new oak solid raised panel interior doors, new flooring, new appliances, furnace & AC, patio door, land scaping, window blinds, kitchen/bathroom granite counter tops and plumbing fixtures. This condo is located in close proximity to a public golf course, public lake

  Craig Hoium Century 21 Atwood

  1823 Lakewood Ave Unit 2, Albert Lea, MN 56007
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  /56

  $996,900 New Construction

  • 4 Beds
  • 3 Baths
  • 2,959 Sq Ft

  2329 W 9th St, Albert Lea, MN 56007

  Welcome to this meticulously designed, newly built 4-bedroom, 3-bath home, where modern luxury meets functionality. Located on Albert Lea's beautiful Wedgewood Cove golf course. This home offers 3,516 sq. ft. of beautiful living space, boasting a spacious main level with 1,758 sq. ft., plus an equally impressive lower level with an additional 1,758 sq. ft. of which 1201 sq. ft. are finished

  Rick Mummert Century 21 Atwood

  2329 W 9th St, Albert Lea, MN 56007
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  /62

  $889,900 New Construction

  • 4 Beds
  • 3 Baths
  • 2,959 Sq Ft

  2334 W 9th St, Albert Lea, MN 56007

  Welcome to this meticulously designed 4-bedroom, 3-bath townhouse, where modern luxury meets functionality. Located on Albert Lea's beautiful Wedgewood Cove golf course. This home offers 3,516 sq. ft. of beautiful living space, boasting a spacious main level with 1,758 sq. ft., plus an equally impressive lower level with an additional 1,758 sq. ft. of which 1201 sq. ft. are finished space, making

  Rick Mummert Century 21 Atwood

  2334 W 9th St, Albert Lea, MN 56007
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  /79

  $886,900 New Construction

  • 4 Beds
  • 3 Baths
  • 2,959 Sq Ft

  2330 W 9th St, Albert Lea, MN 56007

  Welcome to this meticulously designed 4-bedroom, 3-bath townhouse, where modern luxury meets functionality. Located on Albert Lea's beautiful Wedgewood Cove golf course. This home offers 3,516 sq. ft. of beautiful living space, boasting a spacious main level with 1,758 sq. ft., plus an equally impressive lower level with an additional 1,758 sq. ft. of which 1201 sq. ft. are finished space, making

  Rick Mummert Century 21 Atwood

  2330 W 9th St, Albert Lea, MN 56007
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  /50

  $329,900

  • 4 Beds
  • 2.5 Baths
  • 2,329 Sq Ft

  417 Ridge Rd, Albert Lea, MN 56007

  This home has everything you want your new home to have: great location, great curb appeal, private backyard, all living essentials on one floor including laundry, four bedrooms, spacious eat-in kitchen with a view, separate dining room, multiple living spaces, tons of storage, attached garage and then many updates including windows. You'll be proud to call this your new home. Take a look. *New

  Jay Waltman Unique Realty

  417 Ridge Rd, Albert Lea, MN 56007
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  /35

  $314,900

  • 2 Beds
  • 2 Baths
  • 2,179 Sq Ft

  322 Glenn Rd, Albert Lea, MN 56007

  Numerous renovations make this 2 bedroom 2 bath ranch home a must see property. Fresh paint, new floor coverings, new lighting fixtures, new fireplace w/stone surround, fully renovated bathrooms, new kitchen cabinets and appliances, new plumbing fixtures, new window blinds, new murphy bed, new custom basement bar. Freshly painted homes exterior, new patio, new garage heater, landscaping

  Rick Mummert Century 21 Atwood

  322 Glenn Rd, Albert Lea, MN 56007
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  /83

  $399,900

  • 3 Beds
  • 2.5 Baths
  • 2,312 Sq Ft

  2473 SE Marshall St, Albert Lea, MN 56007

  This 3 acre property will draw you in with its very well kept lawn, huge back yard and large extra shop and the home will make you feel as comfortable as you've ever wanted to be with its attached double garage, open main floor family room with fireplace, large primary suite, main floor laundry and a lot of extra storage space in the basement (along wit ha third shower.) The upper level has two

  Robert Hoffman Robert Hoffman Realty Inc.

  2473 SE Marshall St, Albert Lea, MN 56007
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  /2

  $342,500

  • 4 Beds
  • 2.5 Baths
  • 2,256 Sq Ft

  308 Ridge Rd, Albert Lea, MN 56007

  Schedule a showing to walk through this amazing well-maintained 4-bedroom 3 bath home in the desirable Shoreland Heights neighborhood. This home features many updates and the 4 season sunroom is completely enclosed with windows and a mini-split so it can be enjoyed all year long! All 4 bedrooms are on one level and the home is close to the concrete walking path that goes around Fountain Lake as

  Jared Dawson Leland Realty

  308 Ridge Rd, Albert Lea, MN 56007
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  /62

  $385,000

  • 3 Beds
  • 2 Baths
  • 2,068 Sq Ft

  75767 Gooseberry Ln, Albert Lea, MN 56007

  Contingent on sellers property purchase. Immaculately maintained home and grounds. One level living at its finest with 3 bedrooms, 2 bathrooms, spacious family room with brick fireplace, living room, dining room, kitchen and laundry all on the main level. This property features a wooded lot with a very private back patio, lots of exterior windows for natural light and a spectacular newer 36 x 36

  Jay Waltman Unique Realty

  75767 Gooseberry Ln, Albert Lea, MN 56007
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  /63

  $415,000 Open Sun 12PM - 2PM

  • 5 Beds
  • 3 Baths
  • 2,870 Sq Ft

  2145 Kenneth Dr, Albert Lea, MN 56007

  Beautiful custom built one story home on Albert Lea Lake with abundant lake shore. Five bedrooms, 3 bathrooms, heated garage, new roof and gutters, cedar siding, Anderson windows, pictures say it all. Schedule your private showing today.

  Deb Schmidt Help-U-Sell Heritage Real Est.

  2145 Kenneth Dr, Albert Lea, MN 56007
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  /48

  $309,900

  • 4 Beds
  • 2.5 Baths
  • 2,504 Sq Ft

  321 Meredith Rd, Albert Lea, MN 56007

  You'll love this beautiful and freshly updated 4 bedroom home in an amazing neighborhood. All the bedrooms are on one level, the upper floor, along with the primary bathroom and an updated double sink full bathroom. The main floor has 2 living rooms, one with a gas fireplace. There is a formal dining room and a beautiful eat in kitchen that walks out to a freshly painted deck and fire pit area.

  Matthew Dugstad Robert Hoffman Realty Inc.

  321 Meredith Rd, Albert Lea, MN 56007
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  /46

  $254,900

  • 3 Beds
  • 1.5 Baths
  • 2,196 Sq Ft

  1602 Southview Ln, Albert Lea, MN 56007

  This home is well maintained from top to bottom. It features permanent siding, gutter helmets, replacement windows, newer furnace and central air, newer roof and a storage shed. Inside you will find updated kitchen cupboards, attractive appliances, newer floor coverings, 3 bedrooms up, a spacious living room and a large and beautiful family room addition with a gas burning brick fireplace,

  Jay Waltman Unique Realty

  1602 Southview Ln, Albert Lea, MN 56007
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  /43

  $289,900

  • 4 Beds
  • 2 Baths
  • 2,120 Sq Ft

  1406 Southview Ln, Albert Lea, MN 56007

  This charming home has it all. From the amazing kitchen (with loads of storage, to the formal dining room. Nice spacious living room for entertaining, with 3/4 bath on main floor. All this leads out to a privately fenced in back yard, with an amazing paver patio for entertaining on those nice nights.(built in fire pit and hot tub area). 3 bedrooms on the upper level, with full bath. Yet the

  Josh Harmdierks Unique Realty

  1406 Southview Ln, Albert Lea, MN 56007
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  /29

  $275,000 Coming Soon

  • 4 Beds
  • 2 Baths
  • 1,844 Sq Ft

  86389 245th St, Albert Lea, MN 56007

  This property is centrally located on a hard surface road minutes from Albert Lea and Austin. Take a look at this clean acreage with a thick windbreak to the west. The house sits on an elevated part of the site with a lot of roam to grow and expand the already impressive 1,844 square feet of living space. The four bedroom home was relocated to this property in 1993 at which time it was renovated

  Chad Stavnes Heartland Real Estate Services LLC

  86389 245th St, Albert Lea, MN 56007
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  /13

  $293,000

  • 3 Beds
  • 2 Baths

  1715 SE Marshall St, Albert Lea, MN 56007

  Beautiful, newly renovated family home with U-drive on one-acre lot. Charming three-bedroom, two-bathroom home located in a quiet neighborhood in Albert Lea. This well-maintained property features a spacious living room with gas fireplace and ample natural light, a cozy kitchen, and a generously sized yard appropriate for outdoor activities. The home also includes a 1.5 car garage and a full

  Eunice Linarte Beycome Brokerage Realty LLC

  1715 SE Marshall St, Albert Lea, MN 56007
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  /24

  $169,900 Open Sun 11:30AM - 1PM

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  1302 W Clark St, Albert Lea, MN 56007

  This charming 3 Bedroom, 1 Bath home could certainly be yours. The home features vinyl siding, a 24 x 24 oversized 2 stall garage, and a remodeled kitchen and bath space. It is close to the baseball field and park area. All appliances stay with the home! Book your own showing today to see this property.

  Laura Cunningham Century 21 Atwood

  1302 W Clark St, Albert Lea, MN 56007
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  /21

  $189,900

  • 3 Beds
  • 1 Bath
  • 1,206 Sq Ft

  25452 State Highway 13, Albert Lea, MN 56007

  Experience the perfect blend of country charm and small town living! This property features a convenient drive thru driveway for easy access and is just a short 10-15 minute drive to everything Albert Lea has to offer. Major renovations in 2015/2016 brought beautiful modern finishes throughout, and recent upgrades in 2024 include a brand new furnace and central AC for year round comfort. You'll

  Chad Ziemke Century 21 Atwood

  25452 State Highway 13, Albert Lea, MN 56007
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  /19

  $40,000

  • 3 Beds
  • 2 Baths
  • 961 Sq Ft

  1017 James Ave, Albert Lea, MN 56007

  Great opportunity for investors, rehabbers, or owner-occupants looking to build equity! This 3-bedroom, 2-bath home offers 961 sq ft of living space and sits on nearly a full acre—an oversized lot rarely found within city limits. With a functional layout and solid structure, this property is ready for renovation and personal touches. Ideal for a fix-and-flip, rental portfolio addition, or a

  Jeffrey Hagel Jeff Hagel

  1017 James Ave, Albert Lea, MN 56007
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  /24

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,563 Sq Ft

  905 Clausen Ave, Albert Lea, MN 56007

  Don’t miss this well-maintained, move-in ready 3 bedroom, 2 bath ranch-style home with low-maintenance permanent siding and attached garage! Ideally located near the fairgrounds and just minutes from the public beach, this home offers both comfort and convenience. Recent updates include newer central air, hot water heater, and water softener, ensuring peace of mind for years to come. The dry

  Dawn Swalve Coldwell Banker River Valley, REALTORS

  905 Clausen Ave, Albert Lea, MN 56007
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  /27

  $234,900

  • 4 Beds
  • 1.5 Baths
  • 2,104 Sq Ft

  1204 Garfield Ave, Albert Lea, MN 56007

  4 bedroom, 2 bath ranch style home with open floor plan, large kitchen w/center island. Main floor family room addition, main floor bathroom recently renovated, gas fireplace, walk out to back composite deck. Steel siding, storage shed, basement egress window. Property has both circuit breakers and some original fuses.

  Rick Mummert Century 21 Atwood

  1204 Garfield Ave, Albert Lea, MN 56007
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  /14

  $214,000

  • 4 Beds
  • 2 Baths
  • 2,480 Sq Ft

  510 W Main St, Albert Lea, MN 56007

  If you're looking for a great rental property, you have the opportunity to own one of Albert Lea’s oldest homes, has been transformed into two executive apartments. Boasting a blend of historic character and contemporary upgrades, this property offers a unique opportunity for both investment and a slice of local heritage.The property features two stunning units, each thoughtfully updated

  Mike Swenson eXp Realty

  510 W Main St, Albert Lea, MN 56007
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  /56

  $674,500

  • 5 Beds
  • 3.5 Baths
  • 5,301 Sq Ft

  72315 Grey Fawn Dr, Albert Lea, MN 56007

  Privacy at it's finest! A beautiful setting on a quiet cul-de-sac sitting on over 2 acres. This gorgeous home was built in 2003 with all the amenities you would expect in a quality build. Featuring over 5,800 sf for the growing family. Highlighting heated floors in the garage, lower level and master suite. The laundry is conveniently located on the main level. You will be in awe at the floor to

  Linda Gates Re/Max Results

  72315 Grey Fawn Dr, Albert Lea, MN 56007
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  /24

  $79,900

  • 6 Beds
  • 3 Baths
  • 2,515 Sq Ft

  415 W College St, Albert Lea, MN 56007

  If you are looking for a multi-unit building and you have the ability to do the remodel yourself, this is a great opportunity. We gutted most of the kitchens and bathrooms in preparation for a remodel. The exterior has been recently painted and the roof doesn't leak. Additionally, the utilities are separate for each unit. There is a furnace in the basement ready to replace the old one that is

  Lanier Pratt Keller Williams Premier Realty

  415 W College St, Albert Lea, MN 56007
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  /9

  $52,900

  • 3 Beds
  • 1 Bath
  • 1,268 Sq Ft

  730 W Front St, Albert Lea, MN 56007

  Perfect opportunity to put your talents to work to make this three bedroom and one bath home your own. Home has spacious living room and kitchen. Home is close to parks and schools. This is a must see!

  Matt Johnson Leland Realty

  730 W Front St, Albert Lea, MN 56007
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  /56

  $229,900

  • 3 Beds
  • 1.5 Baths
  • 1,730 Sq Ft

  1510 Plainview Ln, Albert Lea, MN 56007

  Welcome to 1510 Plainview Lane.This well-maintained home offers over 1,700 finished square feet with three bedrooms, two bathrooms, and an attached two-stall garage. A spacious layout includes a large living room, functional kitchen, and a dining area with great natural light.The lower level features a substantial finished recreation space, with additional unfinished square footage

  Alexander Phippen True Real Estate

  1510 Plainview Ln, Albert Lea, MN 56007
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  /31

  $169,999

  • 4 Beds
  • 2 Baths
  • 1,637 Sq Ft

  922 Jefferson Ave, Albert Lea, MN 56007

  This property is a duplex. Each unit features two bedrooms, one bathroom, a kitchen, and a living room. Currently, the property has tenants who are paying per month. This property is a great opportunity for investors, as it essentially pays for itself. It is also ideal for someone looking to buy their first home, as you can live in one unit and use the rent from the other unit to help pay your

  Sandra Ruiz Pliego National Realty Guild

  922 Jefferson Ave, Albert Lea, MN 56007
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  /10

  $189,000

  • 7 Beds
  • 3 Baths
  • 1,890 Sq Ft

  509 E 4th St, Albert Lea, MN 56007

  This charming up-down duplex in Albert Lea blends classic curb appeal with the ease of modern living, creating an ideal opportunity for investors or owner-occupants alike. Nestled within walking distance of local shops, dining, and everyday conveniences, the property also enjoys close proximity to Albert Lea Lake’s scenic beaches and celebrated natural attractions. The duplex features a

  Mike Wilen ™ Coldwell Banker Realty

  509 E 4th St, Albert Lea, MN 56007
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  /11

  $79,900

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  1020 Autumn St, Albert Lea, MN 56007

  Move in ready 2 bedroom one bath one story home located on a corner lot. Bathroom just received a complete renovation. Newer furnace, water heater and softener. Window A/C unit stays. A must see home to appreciate the condition.

  Rick Mummert Century 21 Atwood

  1020 Autumn St, Albert Lea, MN 56007
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  /38

  $510,000

  • 4 Beds
  • 2 Baths
  • 2,632 Sq Ft

  86571 County Road 46, Albert Lea, MN 56007

  Welcome to your new home! This charming 8+ acre country oasis is ready to be yours!Nestled on a blacktop road, this well-maintained property offers the perfect blend of rural charm and modern convenience. A long list of updates include a beautifully remodeled kitchen with contemporary finishes, ideal for both everyday living and entertaining. Enjoy year-round comfort with an updated

  Whitnei Abel Dwell Realty Group LLC

  86571 County Road 46, Albert Lea, MN 56007

Showing Results 1 - 40, Page 1 of 3

Why Live in Albert Lea

Albert Lea, a small town in southern Minnesota with a population of about 18,000, is known for its picturesque lakes and vibrant community. Located approximately 90 miles south of the Twin Cities, Albert Lea features Fountain Lake and Albert Lea Lake, which are central to the town's outdoor recreation. Residents enjoy activities such as boating, fishing, waterskiing, kayaking, and canoeing. The town offers a variety of home styles, including bungalows, ranches, split- and bi-levels, with waterfront properties being the most sought after. Albert Lea boasts over 300 acres of parklands across more than 40 parks, including Myre Big Island State Park, which is home to diverse wildlife and a savanna landscape. The town's crime rate is lower than the national average, contributing to its appeal. Albert Lea's downtown area is lively with boutiques, local shops, and dining options like 112 on Broadway and Jake's Pizza. The town hosts numerous seasonal events, such as Wind Down Wednesdays and the Big Freeze, fostering a strong sense of community. Interstates 35 and 90 provide easy access to nearby cities, and Mason City Municipal Airport offers daily flights to Chicago. The SMART bus service facilitates local transportation. Albert Lea's humid climate brings hot summers and cold winters, with beautiful spring and fall seasons.

Learn more about living in Albert Lea

Frequently Asked Questions

What is the average home price in Albert Lea, MN?

Homes for sale in Albert Lea, MN have an average home price of $232,302.

How many homes have sold over the last 12 months in Albert Lea, MN?

241 homes have sold in Albert Lea, MN over the last 12 months.

What are the most popular zip codes in Albert Lea, MN?

The most popular zip codes in Albert Lea, MN include 56007, 56043, 56036, 56009 and 56016.

How much do you need to make to afford a house in Albert Lea?

The median home price in Albert Lea is $195,000. If you put a 20% down payment of $39,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,010 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $43K a year to afford the median home price in Albert Lea.

How are the schools in Albert Lea, MN?

Albert Lea, MN has highly rated public and private schools. Some of the best schools in Albert Lea based on Niche Grades are Lakeview Elementary School, Halverson Elementary School and Albert Lea Senior High School. Browse all the schools in Albert Lea, MN to learn more.

Home Trends in Albert Lea, MN

On average, homes in Albert Lea, MN sell after 58 days on the market compared to the national average of 50 days. The median sale price for homes in Albert Lea, MN over the last 12 months is $185,000, up 17% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$185,000

Median Single Family Sale Price

$191,000

Median Townhouse Sale Price

$236,750

Average Price Per Sq Ft

$127

Number of Homes for Sale

73

Last 12 months Home Sales

241

Months of Supply

3.60

Median List Price

$195,000

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

17%