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New Construction Homes for Sale in Albert Lea, MN

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    $889,900 Townhome

    2334 W 9th St, Albert Lea, MN 56007

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

    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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    $886,900 Townhome

    2330 W 9th St, Albert Lea, MN 56007

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

    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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    $499,900 Lot/Land

    TBD Bridge Ave, Albert Lea, MN 56007

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

    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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    $35,000 Lot/Land

    1629 Seath Dr, Albert Lea, MN 56007

    • 1.17 Acres
    • $29,915 per Acre

    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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    $49,900 Lot/Land

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

    • 2.5 Acres
    • $19,960 per Acre

    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
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    $299,000 Lot/Land

    TBD Stevens St, Albert Lea, MN 56007

    • 3.62 Acres
    • $82,597 per Acre

    Don't miss this tremendous opportunity to purchase 3.62 acres of Residential Non-homestead acres located on the frontage road of Albert Lea, just off of Stevens St (in front of the Village Cooperative of Albert Lea). With electricity, water and fiber already in place, this location is ripe for expansion and equipped to support operational and future growth. Its proximity to key transportation

    Troy Stafford High Point Land Company, LLC

    TBD Stevens St, Albert Lea, MN 56007
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    $39,900 Lot/Land

    TBD Wealthy St, Albert Lea, MN 56007

    • 1.52 Acres
    • $26,250 per Acre

    1.52 acre building lot. Wealthy Acres subdivision, Lot 3&4. Zoned for residential 1-3 units.

    Steve Lehner Leland Realty

    TBD Wealthy St, Albert Lea, MN 56007
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    $23,900 Lot/Land

    2000 Greenwood Dr, Albert Lea, MN 56007

    • 11,325 Sq Ft
    • $91,923 per Acre

    Residential city lot on a channel of Fountain Lake in Albert Lea! Canoe or kayak from your backyard! Gradual Slope to accommodate a walk-out! City services!

    Dawn Swalve Coldwell Banker River Valley, REALTORS

    2000 Greenwood Dr, Albert Lea, MN 56007
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    $89,900 Lot/Land

    xxx Hi Tec Ave, Albert Lea, MN 56007

    • 1.22 Acres
    • $73,689 per Acre

    Great location on North end of town. Close to airport and Northbridge Mall. 4 parcels sold together: 34.264.0030, 34.348.0020, 34.348.0010, 34.349.0080

    Sharon Kirk Weichert, REALTORS- Heartland

    xxx Hi Tec Ave, Albert Lea, MN 56007
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    $89,900 Lot/Land

    2200 W 9th St, Albert Lea, MN 56007

    • 38,332 Sq Ft
    • $102,159 per Acre

    Several lots available starting at 39,900. See under documents for additional information. This newer residential subdivision has many desirable amenities including lakeshore, lake access, water view development sites, along with golf course frontage lots. Trails available to enjoy a great outdoor environment.

    Craig Hoium Century 21 Atwood

    2200 W 9th St, Albert Lea, MN 56007
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    $249,000 Lot/Land

    TBD Bridge Ave, Albert Lea, MN 56007

    • 4.73 Acres
    • $52,643 per Acre

    Don't miss this tremendous opportunity to purchase 4.73 acres of Residential Non-homestead acres located on one of the main corridors, Bridge Street in Albert Lea, North of Oak Park Place Apartments. With electricity, water and fiber already in place, this location is ripe for expansion and equipped to support operational and future growth. Its proximity to key transportation hubs and modern

    Troy Stafford High Point Land Company, LLC

    TBD Bridge Ave, Albert Lea, MN 56007
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    $195,000 Lot/Land

    87387 245th St, Albert Lea, MN 56007

    • 10 Acres
    • $19,500 per Acre

    Come checkout this 10 acre property located on a blacktop road in Freeborn County. Make this property your own whether building your dream home or just a recreational retreat this property can do it all.

    Benjamin Farrell Dwell Realty Group LLC

    87387 245th St, Albert Lea, MN 56007
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    $28,000 Lot/Land

    1738 Tiger Ridge Ct, Albert Lea, MN 56007

    • 20,037 Sq Ft
    • $60,870 per Acre

    Build your dream house on this nearly 1/2 acre lot in the lovely Tiger Ridge Neighborhood! Lot issituated on a paved cul-de-sac with all essential infrastructure already in place including: curbs,gutters, storm sewers, utilities (water, gas, electric, and cable), and more. Perfect lot for a walk outbasement with views of Goose Lake. Close to I-90 & I-35, shopping, and schools.

    John Tacke Keller Williams Integrity Realty

    1738 Tiger Ridge Ct, Albert Lea, MN 56007
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    $49,900 Lot/Land

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

    • 2.57 Acres
    • $19,416 per Acre

    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
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    $59,900 Lot/Land

    1609 Country Club Rd, Albert Lea, MN 56007

    • 1.06 Acres
    • $56,509 per Acre

    Build your dream home on these three parcels totaling 1.06 acres on the former Albert Lea Country Club location. Lots overlook a pond on adjacent property. Land has been annexed into the city of Albert Lea.

    Dawn Swalve Coldwell Banker River Valley, REALTORS

    1609 Country Club Rd, Albert Lea, MN 56007
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    $8,500 Lot/Land

    309 Court St, Albert Lea, MN 56007

    • 5,662 Sq Ft
    • $65,385 per Acre

    Lot for Sale – Perfect for Your Tiny House Dream!Don't miss this finished lot, ready for your dream build! Whether you're planning a cozy tiny house, a beautiful single-family home, or a multifamily property, this lot offers endless potential. Located in the heart of Albert Lea, it's just a short walk to downtown shops, restaurants, and scenic lakes. It's the perfect spot to bring your vision

    Georgiana Wadding Coldwell Banker River Valley, REALTORS

    309 Court St, Albert Lea, MN 56007
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    $225,000 Lot/Land

    na Na, Albert Lea, MN 56007

    • 23.16 Acres
    • $9,715 per Acre

    A Hunter’s Dream Getaway—or the Perfect Place to Build!Step back in time on one of the most unique properties in southern Minnesota! With a total of 23.16 wooded acres, this land offers unbelievable old-time character and charm that you simply won’t find anywhere else. It’s truly a must-see.At the heart of the property sits an insulated rustic shack cabin, complete with a woodburning

    Anna Rahn HomeProz Real Estate

    na Na, Albert Lea, MN 56007
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    $12,000 Lot/Land

    TBD Bridgeport Subdivision, Albert Lea, MN 56007

    • 6,098 Sq Ft
    • $85,714 per Acre

    Land for development in high visibility commercial area off major road by the airport, and close proximity to Interstate 90.

    Melody Lembke Signature Real Estate

    TBD Bridgeport Subdivision, Albert Lea, MN 56007

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Albert Lea, MN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Albert Lea, MN hold their value?
Yes, especially in fast-growing areas of Albert Lea, MN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Albert Lea, MN

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%
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