Local Market0 views · 2 answers
Are buyers active in Albert Lea?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 42/100
- YoY Fair Chance of Selling
- Pending ratio
- 0.33
- YoY contracts vs active
- Inventory YoY
- +0.2%
- YoY active listings
- Median DOM
- 67
- YoY days on market
- Price cuts
- 23.0%
- YoY of active listings
Buyer demand in Albert Lea is **actively shopping** as of September 2026. The pending ratio is 0.33 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 67 days to go under contract. Active inventory is +22.7% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 23.0% of listings have cut price. Overall, the Primpted Sold Score for Albert Lea is 42/100 (Fair Chance of Selling).
— Live indicators (September 2026): Sold Score: 42/100 (Fair Chance of Selling) · Pending ratio: 0.33 · Inventory YoY: +22.7% · Median days on market: 67 · Sellers cutting price: 23.0% · Median listing price: $249,950 (-10.6% YoY)
Albert Lea snapshot
As of the latest 2026 data- Median listing
- $250K
- YoY -0.1%
- Active inventory
- 122
- YoY +0.2%
- Median DOM
- 67
- YoY +0.1%
- Pending ratio
- 0.33
- YoY -0.2%
- Price-reduced
- 13.7%
- YoY -0.1%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
Buyers in Albert Lea are not as active right now compared to last year. The number of homes going under contract has gone down significantly. This suggests a slower pace of purchases in the market.