Market Intelligence Report — MN-660
Albert Lea, MN
Monthly housing intelligence, market trends, and trusted local expertise.
Ref. No: 2026-MN-05
Updated: May 2026
Updated: May 2026
Median Listing
$260K
-7.0% YOY
Pending Ratio
0.41
-21.1% YOY
Active Inventory
93
+31.0% YOY
Median DOM
59 Days
+46.3% YOY
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Market Signals & Indicators
Supply Dynamics
93 active listings represent the current floor, with new supply arriving at roughly 40 per month.
Pricing Pressure
19.3%
of active listings carry a price reduction, -5.4% from prior period.
$/Sq Ft
$0K
Median price per square foot has moved -0.2% year-over-year.
Absorption
0.41
Pending-to-active ratio — supply and demand dynamics are mixed.
Metro Demographics
Metro Area
Albert Lea, MN
CBSA Code
10660
State
MN