24

Price Reduced Homes for Sale in Albert Lea, MN

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  • /19

    $47,000

    $23K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    2310 Ethel Ave, Albert Lea, MN 56007

    Step into easy, one-level living in this well-maintained manufactured home featuring 3 spacious bedrooms and a thoughtfully designed layout. The private primary suite offers a peaceful retreat with its own full bath and a walk-in closet, creating the perfect blend of comfort and convenience. Fresh interior paint brights every room, while brand new carpet adds a clean, cozy feel throughout the

    Agent Photo

    Heather Allen

    Leland Realty

    2310 Ethel Ave, Albert Lea, MN 56007
  • /54

    $299,900

    $15K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,553 Sq Ft

    302 Garden Rd, Albert Lea, MN 56007

    A true mid-century modern gem, this exceptionally preserved Shoreland Heights home is a rare opportunity to own a piece of architectural character that has been lovingly maintained by the same owner for more than 50 years. From its distinctive lines and thoughtful layout to the original details that make mid-century homes so sought after, 302 Garden Road feels remarkably authentic while offering

    Alec Roth Edina Realty, Inc.

    302 Garden Rd, Albert Lea, MN 56007
  • /55

    $424,900

    $35K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,187 Sq Ft

    1309 Oriole Dr, Albert Lea, MN 56007

    Schedule your private showing today of this beautifully updated, spacious four-bedroom, multi-level home featuring a heated, three-stall attached garage.This meticulously maintained home has been thoughtfully upgraded throughout, offering comfort, style, and peace of mind. Recent improvements include a brand-new furnace and central air conditioner (2026), as well as a new roof (2025) with

    Craig Hoium Century 21 Atwood

    1309 Oriole Dr, Albert Lea, MN 56007
  • /42

    $499,900

    $25K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 3,304 Sq Ft

    1906 Greenwood Dr, Albert Lea, MN 56007

    Welcome to this beautifully maintained 3-bedroom home. Bright open concept floor plan designed for comfortable everyday living and effortless entertaining. 4 season sunroom overlooks beautifully landscaped backyard and pond. Lower-level family room with wet bar opens to exceptional outdoor living space. Home also features a heated triple stall garage. Located in a desirable central neighborhood,

    Norena Brekke Leland Realty

    1906 Greenwood Dr, Albert Lea, MN 56007
  • /43

    $259,900

    $20K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 2,300 Sq Ft

    1112 Bridge Ave, Albert Lea, MN 56007

    Just Refreshed! This turnkey 4-bedroom, 4-bathroom home offers 2,300 square feet of true family living space on a 0.3 acre lot in a central Albert Lea location near the fairgrounds. The main floor features a spacious family room, a separate living room, a dedicated dining room and a great sized eat in kitchen with heated tile floors. Main floor has two bedrooms and a full bath. Upstairs are two

    Norena Brekke Leland Realty

    1112 Bridge Ave, Albert Lea, MN 56007
  • /34

    $199,900

    $39K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,987 Sq Ft

    1713 S Shore Dr, Albert Lea, MN 56007

    A Rare Opportunity – One-Owner ClassicFor the first time in its history, this one-owner home is ready for its next chapter. Boasting exceptional bones, a highly sought-after layout, and a brand-new roof (2024), this property is the ultimate opportunity for a buyer or investor looking to bring their own design vision to life without starting from scratch.The Highlights:True

    Pam Schmidt Coldwell Banker River Valley, REALTORS

    1713 S Shore Dr, Albert Lea, MN 56007
  • /59

    $325,900

    $24K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,506 Sq Ft

    411 Ridge Rd, Albert Lea, MN 56007

    Come see this wonderful 4 Bedroom, 3 Bathroom home! It is nestled amongst mature trees along the shores of Fountain Lake Channel. The yard is fully fenced in with a storage shed, patio, deck, and a raised garden for your enjoyment. With vaulted ceilings, a sunroom with skylights and a bay window, you'll be all set. You have a lower level 3 season porch with a walkout area to a poured patio. This

    Laura Cunningham Century 21 Atwood

    411 Ridge Rd, Albert Lea, MN 56007
  • /27

    $99,900

    $20K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,316 Sq Ft

    918 Jefferson Ave, Albert Lea, MN 56007

    Whether you're looking to expand your investment portfolio or purchase a property with the opportunity to offset your mortgage, this versatile up/down duplex offers exceptional potential! It’s conveniently located in Albert Lea, has Central AC, a detached double garage, replacement windows, and great income-producing potential! There is flexibility to continue as a duplex or easily convert it

    Anna Rahn HomeProz Real Estate

    918 Jefferson Ave, Albert Lea, MN 56007
  • /15

    $184,000

    $41K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,270 Sq Ft

    1617 Crystal Dr, Albert Lea, MN 56007

    Convenient location close to Golf Course, Fair Grounds, and more! Quiet Street, huge garage, all brand new kitchen appliances, some original hardwood flooring, some new flooring.

    Amy Willett Midwest Property Connections

    1617 Crystal Dr, Albert Lea, MN 56007
  • /18

    $44,000

    $6K PRICE DROP
    • Land
    • 2.5 Acres
    • $17,600 per Acre

    TBD (Lot 2) Wildwood Cir, Albert Lea, MN 56007

    Build your dream home on this 2.5 acre buildable lot in Albert Lea. This property provides ample room for a custom home, garage, outbuilding, and outdoor living area. Enjoy the peaceful setting while still being conveniently located near town, with easy access to shopping, dining, and everyday amenities. Utilities are nearby, helping make the building process smooth and efficient. An added

    Daniel Gunard Timber Ghost Realty, LLC

    TBD (Lot 2) Wildwood Cir, Albert Lea, MN 56007
  • /40

    $312,000

    $28K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,940 Sq Ft

    1111 Skylark Ln, Albert Lea, MN 56007

    Perfect Turn-key 3 bedroom 2 bath home. The kitchen and bathrooms have been remodeled and updated. There is steel siding, dual-pane windows, high efficiency furnace, a drain tile system, radon mitigation, a newer roof and a composite deck. Enjoy the main floor family room with a gas fireplace and the flow from the kitchen to the dining room to the family room to the deck. There is a large 2nd

    Jay Waltman Unique Realty

    1111 Skylark Ln, Albert Lea, MN 56007
  • /35

    $84,900

    $35K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,102 Sq Ft

    1405 S Broadway Ave, Albert Lea, MN 56007

    This solid 2-bedroom, 1-bath home is a fantastic blank canvas primed for your creative vision and personal updates! Boasting low-maintenance vinyl siding and vinyl windows, the exterior and structural elements offer a wonderful head start. Step inside through the charming, window-wrapped front porch—perfect for a sunroom or cozy entryway—into a functional main-floor layout. The inviting living

    Lisa Evans Realty ONE Group Black Diamond

    1405 S Broadway Ave, Albert Lea, MN 56007
  • /28

    $242,900

    $7K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 2,187 Sq Ft

    1933 Wilby Rd, Albert Lea, MN 56007

    Experience comfort, convenience, and easy living in this end-unit 2-bedroom townhouse with an upper and lower level. The open floor plan creates a bright, seamless flow from the spacious living area to the dining and kitchen spaces, while abundant storage keeps everything effortlessly organized. Step out onto the upper deck off the living room — perfect for morning coffee or evening relaxation.

    Pam Schmidt Coldwell Banker River Valley, REALTORS

    1933 Wilby Rd, Albert Lea, MN 56007
  • /27

    $275,000

    $10K PRICE DROP
    • 5 Beds
    • 2.5 Baths
    • 2,584 Sq Ft

    1506 Elm St, Albert Lea, MN 56007

    Looking for a large lot with city amenities and a country feel? Welcome to 1506 Elm St. This 5-bedroom, 3-bath home has plenty of space inside and out. The main level features a large living room with a gas fireplace and a large window overlooking the front yard, a dining room, and a spacious kitchen with access to the deck. Upstairs you’ll find three bedrooms, including the primary bedroom with

    David Bauer Re/Max Advantage Plus

    1506 Elm St, Albert Lea, MN 56007
  • /24

    $299,900

    $16K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,853 Sq Ft

    217 Green Lea Ln, Albert Lea, MN 56007

    Spacious 2 bedroom townhome with main floor primary suite with walk-in closet, 3 baths, located close to lake, golf course, walking paths and shopping. This townhome has been well cared for and offers comfortable convenient living with no stairs to enter. Sunroom with vaulted ceiling. Open kitchen/dining area with some newer appliances and a pantry. Primary bath has a walk-in shower. Second bath

    Rick Mummert Century 21 Atwood

    217 Green Lea Ln, Albert Lea, MN 56007
  • /7

    $195,000

    $25K PRICE DROP
    • 4 Beds
    • 1.5 Baths
    • 1,686 Sq Ft

    2205 Milo Ave, Albert Lea, MN 56007

    This spacious, well laid out, one owner home has tons to offer. 4 large bedrooms, hardwood floors and an open staircase with character galore. Original metal cabinets in the kitchen, there is a formal dining room and lots of storage. This property is situated on a double lot and includes an extra lot for a total of .63 acres with plum, pear, apple trees, grapevines and room for a garden. There's

    Norena Brekke Leland Realty

    2205 Milo Ave, Albert Lea, MN 56007
  • /43

    $244,900

    $5K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,944 Sq Ft

    1006 Elmhill Dr, Albert Lea, MN 56007

    You’ll love the spacious layout of this 4-bedroom, 2-bath ranch! The main floor features 3 bedrooms, hardwood floors, plus an additional family room that opens to the outdoor patio. The finished basement offers even more living space with a traditional family room, 4th bedroom, and second bathroom and nice storage room.Step outside to enjoy the beautiful, private backyard complete with a

    Corey Mercer Jason Mitchell Group

    1006 Elmhill Dr, Albert Lea, MN 56007
  • /78

    $575,000

    $75K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 3,180 Sq Ft

    74500 240th St, Albert Lea, MN 56007

    A one-of-a-kind private retreat with over $400K in updates, that blends rural serenity with accessible town amenities, tucked into the gorgeous landscape of southern Minnesota. Situated on approximately 5.35 acres, this charming home features three bedrooms and two full baths , 1 new half bath & across approximately 3,180 square feet of living space.From the moment you arrive, the setting

    Jennifer Azure Real Broker, LLC

    74500 240th St, Albert Lea, MN 56007
  • /49

    $249,800

    • 3 Beds
    • 2 Baths
    • 1,667 Sq Ft

    2130 Grand Ave, Albert Lea, MN 56007

    Truly a rare offering, this prime Albert Lea home has been completely and beautifully remodeled throughout in 2024 with an eye to design and functionality and shows like a model home!Upon entry you are greeted by a very generous living room with large, bright bay windows, LVP flooring, and a sleek built-in media console.The kitchen and dining is a dream with plentiful natural light,

    Shanti Pfenning Coldwell Banker Realty

    2130 Grand Ave, Albert Lea, MN 56007
  • /17

    $44,000

    $6K PRICE DROP
    • Land
    • 2.57 Acres
    • $17,121 per Acre

    TBD (Lot 1) Wildwood Cir, Albert Lea, MN 56007

    Build your dream home on this 2.57 acre buildable lot in Albert Lea. This property provides ample room for a custom home, garage, outbuilding, and outdoor living area. Enjoy the peaceful setting while still being conveniently located near town, with easy access to shopping, dining, and everyday amenities. Utilities are nearby, helping make the building process smooth and efficient. An added

    Daniel Gunard Timber Ghost Realty, LLC

    TBD (Lot 1) Wildwood Cir, Albert Lea, MN 56007
  • /50

    $284,900

    $65K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,548 Sq Ft

    24106 Walnut Dr, Albert Lea, MN 56007

    Picture your quiet retreat on nearly an acre at the end of a peaceful cul-de-sac. This beautiful walk-out rambler is designed for everyday comfort and effortless entertaining. Natural light flows through the main level, where dual walk-outs from the living and dining rooms draw you onto the deck to take in the views. The main floor features a bedroom with a walk-in closet, a full bath, plus a

    Lisa Evans Realty ONE Group Black Diamond

    24106 Walnut Dr, Albert Lea, MN 56007
  • /30

    $185,000

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,102 Sq Ft

    702 Glenview Dr, Albert Lea, MN 56007

    Move in ready two bedroom home. With a attached 2 stall heated garage with two walk in doors. With nice size lot. With a good wild life view out the kitchen window to the south. Nice size storage shed in back yard. New roof put on 2026. Bathroom main floor updating in 2024 with new shower and tile.

    Jeffrey Nielsen Century 21 Atwood

    702 Glenview Dr, Albert Lea, MN 56007
  • /30

    $224,900

    $5K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,356 Sq Ft

    413 E Hawthorne St, Albert Lea, MN 56007

    Great investment opportunity with this duplex located near Northside Park and Hawthorne Elementary School. This property is located near two municipal parks, Fountain Lake, a pedestrian trail that extends around the majority of the lake, a public golf course and has a large backyard area. This duplex includes a shared double garage for each tenant, shared laundry facilities in the basement and

    Craig Hoium Century 21 Atwood

    413 E Hawthorne St, Albert Lea, MN 56007
  • /47

    $429,000

    $31K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,328 Sq Ft

    20975 794th Ave, Albert Lea, MN 56007

    Welcome to your private sanctuary on Albert Lea Lake! Situated on over 3 spacious, tree-lined acres, this property offers the perfect blend of natural beauty and functional space, complete with a flat yard ideal for outdoor activities. Step inside to find bright, sunlit interiors featuring new windows throughout, a large dining room boasting a rich wood ceiling, and a newly updated kitchen

    Lisa Evans Realty ONE Group Black Diamond

    20975 794th Ave, Albert Lea, MN 56007

Home Price Trends

Median Sale Price
$186,150
Median Single Family Sale Price
$195,000
Median Townhouse Sale Price
$242,900
Median 2 Bedroom Sale Price
$145,000
Median 1 Bedroom Sale Price
$70,000
Average Price Per Sq Ft
$127
Number of Homes for Sale
24
Last 12 months Home Sales
284
Months of Supply
3.70
Median List Price
$200,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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