Market Intelligence Report — MN-660

Albert Lea, MN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MN-09
As of the latest 2026 data
Cooling

Median Listing

$250K
-10.6% YoY

Pending Ratio

0.33
-23.1% YoY

Active Inventory

122
+22.7% YoY

Median DOM

67 Days
+7.3% YoY

Primary Intelligence Tool — Sold Score™

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The Albert Lea housing market is currently experiencing a cooling trend, evidenced by a pending ratio of 0.33, which is below the threshold for balanced conditions. This dynamic reflects a significant deceleration in demand absorption relative to available inventory.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Albert Lea market right now.

Inventory levels have expanded significantly, with active listings up 22.7% year-over-year. Concurrently, new listings saw a modest contraction of 5.6% over the past year. The median listing price has declined by 10.6% year-over-year, while the median days on market increased by 7.3%, signaling a slower pace of transactions. The pending ratio has also decreased substantially by 23.1% over the past year.

Historical Analysis

Market Trends

Median Price

$250K-1.9% MoM

Active Inventory

122+22.7% YoY

Days on Market

67+7.3% YoY

Sold Score™

42-23.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

42
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest a reduced sense of urgency for prospective purchasers. Elevated inventory and slower absorption rates exert pressure on pricing, requiring greater price discipline from sellers. The extended days on market indicate that properties are taking longer to move from listing to contract.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

122 active listings represent the current floor, with new supply arriving at roughly 34 per month.

Pricing Pressure
13.7%

of active listings carry a price reduction, -11.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.3% year-over-year.

Absorption
0.33

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Albert Lea, MN? Homes here are taking 5 days longer to sell than last year.

Buyers have leverage in Albert Lea, MN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
33%
Median Days on Market
67 days
Inventory YoY
+23%

In a buyer's market, strategy beats timing. See how your home scores in Albert Lea, MN and what moves the number.

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Metro Demographics

Metro Area
Albert Lea, MN
CBSA Code
10660
State
MN