Selling0 views · 2 answers
Is now a good time to sell 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
It's a fair time, not a clearly favorable one. Albert Lea has a Sold Score of 42/100 in September 2026 (Fair Chance of Selling) — pricing realistically is doing most of the work.
Pending ratio is 0.33 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +22.7% year over year, expanding the pool you're competing in. Median days on market sit at 67. 23.0% of active listings have already reduced asking price.
— 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
Right now, it looks like a more challenging time for sellers in Albert Lea compared to last year. Prices are lower than they were, and homes are taking longer to sell.
Currently, the median price for a home listed is $249,950. This is down 1.9% from the previous month and a significant 10.6% lower than it was over the past year.
Homes are also staying on the market longer. The typical home is listed for 67 days before going under contract, which is about a week longer than it was over the past year.
There are more homes available for buyers right now, with 122 active listings, up 22.7% from the past year. Fewer homes are going under contract compared to the total number of listings, with the pending ratio down 23.1% over the past year.
Given these trends, sellers might need to be realistic about pricing and timing. Expect your home to take a bit longer to sell, and be prepared for potential adjustments to your asking price.