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What does a Sold Score of 37 mean in Albert Lea?

P

Primpted Housing Analyst

Updated monthly · Data through August 2026 · v268

Data-backed
Sold Score
37/100
YoY Challenging Market Conditions
Pending ratio
0.32
YoY contracts vs active
Inventory YoY
+0.3%
YoY active listings
Median DOM
60
YoY days on market
Price cuts
28.1%
YoY of active listings
A Sold Score of **37/100** in Albert Lea (August 2026) puts the market in the **"Challenging Market Conditions"** band. The bands work like this: - **80–100** Excellent Chance of Selling — strong demand, tight inventory - **60–79** Good Chance of Selling — balanced, leaning seller - **40–59** Fair Chance of Selling — balanced, pricing matters - **30–39** Challenging Market Conditions — buyers have leverage - **0–29** Difficult Selling Environment — listings sit, price cuts are common The current score is driven by pending ratio of 0.32, inventory up +29.3% YoY, 60 median days on market, 28.1% of listings reducing price. Pending ratio carries 60% of the weight; inventory, days on market, and price reductions each contribute the remainder. — Live indicators (August 2026): Sold Score: 37/100 (Challenging Market Conditions) · Pending ratio: 0.32 · Inventory YoY: +29.3% · Median days on market: 60 · Sellers cutting price: 28.1% · Median listing price: $254,900 (-7.3% YoY)

Albert Lea snapshot

As of the latest 2026 data
Median listing
$255K
YoY -0.1%
Active inventory
128
YoY +0.3%
Median DOM
60
YoY +0.2%
Pending ratio
0.32
YoY -0.1%
Price-reduced
15.7%
YoY -0.0%
P

Primpted Housing Analyst

Data-backed

Primpted research desk

Unfortunately, the data I have doesn't include a "Sold Score" for Albert Lea. However, I can share some insights about the market right now based on the numbers I do have. The median listing price in Albert Lea is $254,900, which is slightly up from last month but lower than it was a year ago. Sellers are seeing prices decrease by 7.3% compared to a year ago. There are 128 homes actively for sale right now, which is a significant increase of 29.3% compared to this time last year. This means buyers have more choices than they did a year ago. Homes are taking a bit longer to sell, too. The median time a home stays on the market is 60 days, which is about 18% longer than a year ago. This suggests that buyers have more time to make decisions. Fewer new homes are coming on the market, down 15.4% from a year ago. Yet, with more active listings and homes taking longer to sell, buyers might find good opportunities. Overall, with more homes for sale and prices a bit lower than last year, buyers in Albert Lea have some good options to consider.

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