Albert Lea, MN Homes for Sale

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  $325,000

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

  315 W Fountain St, Albert Lea, MN 56007

  With nearly 4,000 finished square feet, this property delivers exceptional value rarely found in homes of this character and location. Enjoy the charm of two sunrooms, perfect for relaxing or entertaining year-round. Thoughtfully updated from top to bottom, the home preserves its original character while offering the comfort and functionality today’s buyers want. Additional highlights include a

  

  Glori Haidar

  Edina Realty, Inc.

  (507) 797-0680

  315 W Fountain St, Albert Lea, MN 56007
• Explore Albert Lea

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  /24

  $104,999 Open Sun 10AM - 12PM

  • 2 Beds
  • 1 Bath
  • 967 Sq Ft

  804 Water St, Albert Lea, MN 56007

  Inviting and full of character, this one-and-a-half-story home offers a comfortable main level featuring a cozy living room, functional kitchen, and designated dining area. Upstairs you’ll find two bedrooms and a full bathroom. The basement provides laundry, utilities, and an open unfinished area—ready for your personal touch or future expansion. Original woodwork, including a beautifully

  

  Timothy Woolery

  Real Broker, LLC

  (507) 713-1152

  804 Water St, Albert Lea, MN 56007
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  /40

  $595,000

  • 2 Beds
  • 1.5 Baths
  • 1,457 Sq Ft

  26444 740th Ave, Albert Lea, MN 56007

  Stunning old farmhouse has been meticulously rebuilt by a builder who planned to make it his own home. Every detail was handcrafted to perfection, blending old-time charm with modern finishes. Rustic barn doors, tin accents, hickory floors, and knotty pine throughout bring the outdoors in, creating a warm, inviting, and unique living space.Set on 12 private acres, the property includes 2

  

  Glori Haidar

  Edina Realty, Inc.

  (507) 616-7183

  26444 740th Ave, Albert Lea, MN 56007
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  /54

  $459,900

  • 4 Beds
  • 2 Baths
  • 2,187 Sq Ft

  1309 Oriole Dr, Albert Lea, MN 56007

  Schedule your private showing today to tour this spacious four bedroom multi-level home featuring a large three stall heated attached garage. This well maintained property offers numerous upgrades, including a new roof, updated windows, a new forced air furnace and central air conditioner, along with newer cabinetry, granite countertops, updated flooring, newer four season porch and more. Be sure

  Craig Hoium Century 21 Atwood

  1309 Oriole Dr, Albert Lea, MN 56007
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  /2

  $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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  /2

  $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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  /36

  $160,000

  • 2 Beds
  • 1.5 Baths
  • 1,205 Sq Ft

  1612 Ramsey St, Albert Lea, MN 56007

  Move right into this clean & cozy 2 bedroom, 2 bath home. Fresh paint, flooring and new kitchen appliances. This home is perfect for the first time home buyer or for someone looking to downsize. Check out our 3D Tour and then schedule your private showing.

  Scott Millhouse Leland Realty

  1612 Ramsey St, Albert Lea, MN 56007
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  /32

  $187,500

  • 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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  /73

  $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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  /29

  $264,900

  • 2 Beds
  • 2 Baths
  • 1,577 Sq Ft

  212 N Broadway Ave Unit C1, Albert Lea, MN 56007

  Step into this beautifully updated 2 bedroom, 2 bath condo that blends comfort, style and unbeatable location. The spacious primary suite features a sleek master bath with contemporary finishes, while the second full bathroom offers convenience for guests or family. Enjoy morning coffee or evening sunsets in the sunroom, where panoramic lake views create a serene backdrop year-round. The open

  Heather Allen Leland Realty

  212 N Broadway Ave Unit C1, Albert Lea, MN 56007
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  /40

  $106,900

  • 2 Beds
  • 1 Bath
  • 962 Sq Ft

  913 Abbott St Unit 203, Albert Lea, MN 56007

  Schedule your showing today to tour this two bedroom condo located in close proximity to Fountain Lake with a partial view of the lake form this condo's deck and primary bedroom. This condominium facility has character galore with this structure built in 1908 and remodeled in the mid 1970's. The main building has two newer boilers that provides heat to the entire structure, windows have been

  Craig Hoium Century 21 Atwood

  913 Abbott St Unit 203, Albert Lea, MN 56007
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  /24

  $189,900

  • 2 Beds
  • 2 Baths
  • 1,220 Sq Ft

  1412 Regency Ln, Albert Lea, MN 56007

  Schedule your appointment today to tour this single level twinhome with an open floor plan, main level laundry and attached single stall garage. Upgrades to this property include a newer concrete driveway and front steps along with floor coverings for this kitchen/ dining/ living room. This unit also includes 2 large bedrooms, 2 bathrooms, dining room, breakfast bar area in the kitchen and

  Craig Hoium Century 21 Atwood

  1412 Regency Ln, Albert Lea, MN 56007
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  /18

  $59,900

  • 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

  Heather Allen Leland Realty

  2310 Ethel Ave, Albert Lea, MN 56007
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  /43

  $275,000

  • 4 Beds
  • 1 Bath
  • 2,394 Sq Ft

  311 W Fountain St, Albert Lea, MN 56007

  Step back in time in this gorgeous historic home. You will feel the history in every detail, from the stunning quarter sawn oak staircase to the original hardwood flooring, woodwork and pocket doors. A very welcoming foyer leads to an elegant living room, dining room and cozy music room. This home offers an abundant amount of square footage, convenient walkable location close to lake and

  Norena Brekke Leland Realty

  311 W Fountain St, Albert Lea, MN 56007
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  /36

  $244,900

  • 4 Beds
  • 2 Baths
  • 1,584 Sq Ft

  2418 W Main St, Albert Lea, MN 56007

  This raised ranch four bedroom home along with an attached three stall garage is located in the westerly outlying area of the City with municipal utilities serving this area. This home also includes spacious bedrooms, a large living room, a new rear-yard deck for those summer barbecues, a lower level family-room and much more. This home has been very well cared and has been built with quality

  Craig Hoium Century 21 Atwood

  2418 W Main St, Albert Lea, MN 56007
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  /44

  $258,900

  • 4 Beds
  • 2.5 Baths
  • 2,351 Sq Ft

  705 Glenview Dr, Albert Lea, MN 56007

  Welcome to your dream home nestled on the North side of town! This stunning property beautifully combines contemporary updates with cozy charm, making it perfect for both relaxation and entertaining. As you step through the front door, you'll be greeted by an inviting open floor plan that seamlessly connects the spacious living area to a modern kitchen. The heart of this home features sleek

  Matt Johnson Leland Realty

  705 Glenview Dr, Albert Lea, MN 56007
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  /54

  $449,000

  • 4 Beds
  • 3.5 Baths
  • 3,435 Sq Ft

  15592 720th Ave, Albert Lea, MN 56007

  A Rare Blend of Country Elegance & Exceptional Privacy Welcome to this truly special 9.80-acre property that has been lovingly owned, thoughtfully improved, and impeccably maintained by the same family for decades. From the mature trees they personally planted to the beautifully framed aerial photos showcasing years of care and development, pride of ownership is evident at every turn.Tucked

  Anna Rahn HomeProz Real Estate

  15592 720th Ave, Albert Lea, MN 56007
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  /49

  $389,000

  • 4 Beds
  • 2.5 Baths
  • 2,976 Sq Ft

  21824 Douglas Ave, Albert Lea, MN 56007

  Welcome to this beautifully maintained 4-bedroom, 2.5-bath home nestled on a spacious 1 acre lot in a quiet cul-de-sac surrounded by nature and wildlife. Offering the perfect blend of privacy and comfort. Features include hardwood floors, custom cabinetry, and a family room with fireplace in the lower level. Walkout basement leads to a cement patio, plus new deck (2024) and roof (2025). With

  Asia Thostenson Realty ONE Group Black Diamond

  21824 Douglas Ave, Albert Lea, MN 56007
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  /45

  $279,900

  • 3 Beds
  • 2 Baths
  • 1,995 Sq Ft

  314 Garden Rd, Albert Lea, MN 56007

  Look at this one!!! Nice 3 bedroom home, with open floor concept from the newly update kitchen (updated cabinets, center island and solid surface counter tops )to flow into the wonderful dining room area. Nice oversized living room that leads out to the porch, to enjoy them summer nights. Full bath with , a shower stall also. Centrally located in Albert Lea , and not far from beautiful Fountain

  Josh Harmdierks Unique Realty

  314 Garden Rd, Albert Lea, MN 56007
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  /22

  $294,900

  • 4 Beds
  • 1.5 Baths
  • 2,047 Sq Ft

  311 Meredith Rd, Albert Lea, MN 56007

  Schedule your showing today to view this charming four-bedroom, two-bath, two story home in the desirable Shoreland Heights neighborhood, just minutes from Fountain Lake. This inviting home features a spacious kitchen, a formal dining room perfect for gatherings, a cozy fireplace, and generously sized bedrooms. Enjoy outdoor living on the patio, along with the convenience of an attached garage.

  Jane Hanson Century 21 Atwood

  311 Meredith Rd, Albert Lea, MN 56007
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  /55

  $360,000

  • 4 Beds
  • 3 Baths
  • 2,437 Sq Ft

  1301 Circle Ave, Albert Lea, MN 56007

  This is a wonderful 4 bedroom, 3 bath home overlooking the shoreline of Fountain Lake. It has gorgeous views of the evening sunset right out the patio doors. You'll enjoy time spent outdoors on the deck or downstairs on the patio. The kitchen has newer stainless steel appliances. You will have an electric garage heater to keep the garage comfortable. Laundry is located on the main level. All 4

  Laura Cunningham Century 21 Atwood

  1301 Circle Ave, Albert Lea, MN 56007
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  /15

  $213,000

  • 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
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  /44

  $351,900

  • 4 Beds
  • 1.5 Baths
  • 2,436 Sq Ft

  16604 750th Ave, Albert Lea, MN 56007

  Recent renovations make this 4 bedroom two bath, two story acreage a must see property. Located on 4.08 acres, with multiple out buildings including a heated shop, close to town and on a hard surface road. Renovations include a gorgeous kitchen with hickory cabinetry, granite counter tops, stainless steel appliances, sliding doors, newer windows, a deck with gazebo, a radon mitigation system &

  Rick Mummert Century 21 Atwood

  16604 750th Ave, Albert Lea, MN 56007
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  /27

  $210,000

  • 3 Beds
  • 2 Baths
  • 1,594 Sq Ft

  519 Johnson St, Albert Lea, MN 56007

  Charming 3 bedroom 3 bath 2 story home located on the Northside of town close to parks, beach and lake. Laundry room is conveniently located on upper level near bedrooms. Large dining room area off of the kitchen for meals and gatherings. Detached two stall garage for cars and storage.

  Rick Mummert Century 21 Atwood

  519 Johnson St, Albert Lea, MN 56007
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  /34

  $249,500

  • 3 Beds
  • 1 Bath
  • 1,144 Sq Ft

  610 E 4th St, Albert Lea, MN 56007

  OPPORTUNITIES LIKE THIS DON'T COME AROUND OFTEN---lock in INSTANT EQUITY and SAVINGS the day you buy! Now priced well below current construction costs, this new home delivers unbeatable value and smart affordable living without the high price tag!Welcome to this beautifully built 2026 slab-on-grade home with added modern comfort. This thoughtfully designed home features 3 bedrooms, 1 full

  Pam Schmidt Coldwell Banker River Valley, REALTORS

  610 E 4th St, Albert Lea, MN 56007
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  /17

  $240,000

  • 2 Beds
  • 1 Bath
  • 2,468 Sq Ft

  1306 Marie Ave, Albert Lea, MN 56007

  This home features a beautiful yard with a fountain and water feature, along with two bedrooms on the main level and a full bath. The U-shaped kitchen offers ample workspace and room for appliances andcookware. The fully finished lower level includes a spacious entertaining area and an additional oven.Other features include updated mechanicals, a disposal, steel siding, paver entry,

  Bryan Ner Partners Realty Inc.

  1306 Marie Ave, Albert Lea, MN 56007
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  /7

  $219,900

  • 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
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  /51

  $277,000

  • 3 Beds
  • 1 Bath
  • 1,242 Sq Ft

  307 Channel Rd, Albert Lea, MN 56007

  This well-kept 3+ bedroom home sits on a beautiful, large corner lot just 600 feet from Fountain Lake, giving you quick access to water, walking paths, and some of Albert Lea’s most loved views, no matter which way you go! Inside, you’ll find a move-in ready home with major updates already done, including a new roof, updated kitchen and appliances, updated windows, new water heater, and upgraded

  Robert Hoffman Robert Hoffman Realty Inc.

  307 Channel Rd, Albert Lea, MN 56007
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  /66

  $269,900

  • 4 Beds
  • 2.5 Baths
  • 2,593 Sq Ft

  1106 Foothills Cir, Albert Lea, MN 56007

  This home will impress you! To prove it, the Seller will provide a free professional home inspection with a PRE-Inspection Report. Everything from the brand new flooring in the basement, to the two car attached garage, a main floor bedroom bath & laundry and then 3 more bedrooms and another full bath upstairs. This home has a lot to offer. Hidden on the inside of a circle shaped street it is easy

  Robert Hoffman Robert Hoffman Realty Inc.

  1106 Foothills Cir, Albert Lea, MN 56007
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  /30

  $189,900

  • 3 Beds
  • 1 Bath
  • 2,169 Sq Ft

  415 E Hawthorne St, Albert Lea, MN 56007

  Charming and move-in ready, this beautifully updated 3-bedroom, 1-bath home offers comfort, character, and thoughtful improvements throughout. A standout feature is the inviting front porch—recently added by the current owner—creating a warm and welcoming first impression. Inside, you’ll find recently refinished hardwood floors that add both style and durability, along with a newer furnace and

  Lanier Pratt Keller Williams Premier Realty

  415 E Hawthorne St, Albert Lea, MN 56007
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  /56

  $629,000

  • 4 Beds
  • 3 Baths
  • 3,211 Sq Ft

  529 W Park Ln, Albert Lea, MN 56007

  This rare find directly on Fountain Lake includes a dock (20 ft roll-in), freshly painted 1000+ sq ft lower deck, and screened upper patio to make the most of the gorgeous sunsets. Lot is West facing and has beautiful mature trees. Plenty of storage in the two car garage and storage room below the sunroom. Inside boasts a gourmet kitchen, renovated bathrooms, spacious bedrooms, and wood flooring.

  Nathan Nuhring Bridge Realty, LLC

  529 W Park Ln, Albert Lea, MN 56007
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  /37

  $149,900

  • 3 Beds
  • 3 Baths
  • 1,724 Sq Ft

  817 Abbott St, Albert Lea, MN 56007

  What a fantastic investment opportunity! This up-and-down duplex is ideally located just one block from the lake, offering beautiful lake views, and sits directly across the street from an elementary school—an unbeatable location! The main level features three spacious bedrooms, a full bathroom, a functional kitchen, a formal dining room, and a comfortable living area. You’ll also appreciate the

  Josh Harmdierks Unique Realty

  817 Abbott St, Albert Lea, MN 56007
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  /25

  $209,000

  • 3 Beds
  • 2 Baths
  • 3,496 Sq Ft

  115 N Newton Ave, Albert Lea, MN 56007

  Welcome to 115 Newton N Avenue, where modern luxury meets unbeatable location! Whether you’re looking for an investment property with outstanding ROI, a turn-key Airbnb, long term lease property, or a stylish live/work setup, this stunning, fully renovated gem has it all! Prime Features & Flexibility•Brand-new off-street parking lot with 24-hour parking—a rare find downtown!•Zoned for

  Anna Rahn HomeProz Real Estate

  115 N Newton Ave, Albert Lea, MN 56007
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  /2

  $499,900

  • Land
  • 39,204 Sq Ft
  • $555,444 per Acre

  TBD Bridge Ave, Albert Lea, MN 56007

  First available lot into Albert Lea off of I-90. This is closest available lot on Bridge Ave in Albert Lea to the I-90 Interstate Exit. This commercial lot is between established Arby's and Caribou Coffee / Hy-Vee Gas Station locations. This lot is across the street from McDonalds Applebee's, two hotels, Harley Davidson, Hy-Vee Grocery Store, Harbor Freight, Big Lots, Dollar Tree, the NorthBridge

  Robert Hoffman Robert Hoffman Realty Inc.

  TBD Bridge Ave, Albert Lea, MN 56007
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  /23

  $259,000

  • 4 Beds
  • 4 Baths
  • 2,276 Sq Ft

  1429 31 Spartan Ave, Albert Lea, MN 56007

  Schedule your showing today for this well-maintained duplex. Each unit features 2 bedrooms and 2 bathrooms, spacious living areas with a nice deck off the kitchen.One unit has been recently updated with all new flooring throughout. The other unit has been updated and well maintained. Each unit also included a nice storage shed out back.

  Daniel Gullickson Robert Hoffman Realty Inc.

  1429 31 Spartan Ave, Albert Lea, MN 56007
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  /13

  $120,000

  • 3 Beds
  • 2 Baths
  • 1,536 Sq Ft

  729 W Fountain St, Albert Lea, MN 56007

  Three bed two bath church with the modern look. Inside you will find one main floor bedroom, dining room, living room, and kitchen. Upstairs you will fine two more bedrooms, bathroom, and laundry room. This house is within walking distance of downtown Albert Lea and Fountain Lake. Schedule your showing today!

  Benjamin Farrell Dwell Realty Group LLC

  729 W Fountain St, Albert Lea, MN 56007
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  /2

  $35,000

  • Land
  • 1.17 Acres
  • $29,915 per Acre

  1629 Seath Dr, Albert Lea, MN 56007

  Great lot in a quiet neighborhood on the edge of town!

  Tracy Fjeldberg Leland Realty

  1629 Seath Dr, Albert Lea, MN 56007
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  /4

  $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 offers timeless curb appeal and a versatile opportunity for both investors and owner-occupants. Ideally located within walking distance of local shops, dining, and everyday conveniences, the property is also just minutes from Albert Lea Lake’s scenic beaches and well-loved recreational amenities. The home features a well-maintained exterior, a spacious

  Mike Wilen ™ Coldwell Banker Realty - Lakes

  509 E 4th St, Albert Lea, MN 56007
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  /33

  $85,000

  • 2 Beds
  • 1 Bath
  • 694 Sq Ft

  1023 Abbott St, Albert Lea, MN 56007

  Discover the expansive outdoor potential in this 2-bedroom, 1-bathroom gem. Designed for those who love to entertain, the property features a massive backyard anchored by a two-tier deck, plus an additional deck on the side—offering more than enough room for summer BBQs and quiet morning coffee. The home’s exterior is wrapped in low-maintenance vinyl siding and includes a detached single-stall

  Lisa Evans Realty ONE Group Black Diamond

  1023 Abbott St, Albert Lea, MN 56007
• 

  /2

  $149,900

  • 3 Beds
  • 1.5 Baths
  • 1,142 Sq Ft

  304 E 3rd St, Albert Lea, MN 56007

  This nice three-bedroom, story-and-a-half home features all three bedrooms on the upper level along with a convenient three-quarter bath. The main level offers a spacious living room, formal dining room, ,an updated kitchen and 2 stall detached garage. Enjoy relaxing evenings in the inviting three-season porch. The home welcomes you with a charming foyer and an open staircase, along with

  Josh Harmdierks Unique Realty

  304 E 3rd St, 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 $230,365.

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

275 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, 56089, 56036, 56029 and 56009.

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

The median home price in Albert Lea is $198,900. If you put a 20% down payment of $39,800 and had a 30-year fixed mortgage with an interest rate of 6.3%, your estimated principal and interest payment would be $980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $42K a year to afford the median home price in Albert Lea. Learn how much home you can afford with our Home Affordability Calculator.

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 Halverson Elementary School, Lakeview 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 57 days on the market compared to the national average of 57 days. The median sale price for homes in Albert Lea, MN over the last 12 months is $192,400, up 10% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$192,400

Median Single Family Sale Price

$194,900

Median Townhouse Sale Price

$238,000

Median 2 Bedroom Sale Price

$149,000

Average Price Per Sq Ft

$125

Number of Homes for Sale

56

Last 12 months Home Sales

275

Months of Supply

2.40

Median List Price

$198,900

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

10%