Data as of April 2026. Source: Realtor.com.
The ALBERT LEA, MN real estate market (56007) currently shows 91 active listings, with 35 pending sales. Homes are averaging 57 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 57 days on market compared to 51 days last year.
The median listing price has fallen 7.2% year-over-year, from $259,900 to $241,225.
Whether you are buying or selling in ALBERT LEA, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 21,621 · Density: 49.3/mi² · Median household income: $62,113
Typical home value: $148,009 · Homeownership: 74.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56007 | Albert Lea, MN 56007 | 0.0 mi | 75 | $20,849,850 | $216,150 | $277,998 |
| 56016 | Clarks Grove, MN 56016 | 7.2 mi | 1 | $269,900 | $269,900 | $269,900 |
| 56036 | Glenville, MN 56036 | 9.1 mi | 9 | $2,480,463 | $174,950 | $275,607 |
| 56009 | Alden, MN 56009 | 11.8 mi | 11 | $3,066,668 | $289,900 | $278,788 |
| 56029 | Emmons, MN 56029 | 14.0 mi | 3 | $697,500 | $220,500 | $232,500 |
| 56026 | Ellendale, MN 56026 | 14.9 mi | 7 | $1,915,151 | $222,450 | $273,593 |
| 55912 | Austin, MN 55912 | 16.7 mi | 83 | $25,805,945 | $235,475 | $310,915 |
| 56072 | New Richland, MN 56072 | 18.8 mi | 6 | $1,395,240 | $229,900 | $232,540 |
| 55917 | Blooming Prairie, MN 55917 | 19.8 mi | 8 | $2,069,400 | $254,900 | $258,675 |
| 55953 | Lyle, MN 55953 | 20.2 mi | 3 | $219,801 | $89,900 | $73,267 |
| 56046 | Hope, MN 56046 | 21.4 mi | 1 | $319,900 | $319,900 | $319,900 |
| 50446 | Joice, IA 50446 | 23.2 mi | 2 | $318,000 | $159,000 | $159,000 |
| 50472 | Saint Ansgar, IA 50472 | 25.1 mi | 12 | $3,257,184 | $268,425 | $271,432 |
As of April 2026, there are 91 active listings in ALBERT LEA, MN (zip code 56007), compared to 79 the prior year.
The median listing price in ALBERT LEA, MN 56007 is $241,225 as of April 2026, a 7.2% decrease from $259,900 the prior year.
Homes in ALBERT LEA, MN 56007 spend an average of 57 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of April 2026, ALBERT LEA, MN 56007 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 57 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in ALBERT LEA, MN 56007 save an estimated $4,825 compared to a typical 5% commission on the median listing price of $241,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.