Albert Lea, MN metro area Housing Market Brief
metro · as of May 2026
What is Albert Lea, MN metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Albert Lea, MN metro area in its market cycle?
Albert Lea, MN metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
Albert Lea, MN metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $191K | ▼ -1.8% |
| Median Days on Market | 41 days | ▼ -37.9% |
| Months of Supply | 2.9 | 0% |
| Homes for Sale | 120 | ▲ +36.4% |
| Homes Sold | 41 | ▲ +36.7% |
| Median Price / Sq Ft | $118 | ▼ -6.3% |
| Sale-to-List Ratio | 97.0% | ▼ -3.2% |
How has Albert Lea, MN metro area’s Alpha Score moved?
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Frequently asked questions
Is Albert Lea, MN metro area a buyer's or seller's market?
As of May 2026, Albert Lea, MN metro area is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Albert Lea, MN metro area?
The median sale price in Albert Lea, MN metro area is $191K, having fallen 1.8% over the past year.
How affordable is Albert Lea, MN metro area?
Albert Lea, MN metro area scores 86 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Albert Lea, MN metro area's Alpha Score?
Albert Lea, MN metro area's strongest dimension is Affordability (86/100) and its weakest is Price Momentum (38/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Albert Lea, MN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.