Population: 21,621 · Density: 49.3/mi² · Median household income: $62,113
Typical home value: $148,009 · Homeownership: 74.8%
Data as of January 2026. Source: Realtor.com.
The ALBERT LEA, MN real estate market (56007) currently shows 70 active listings, with 21 pending sales. Homes are averaging 86 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 86 days on market compared to 71 days last year.
The median listing price has fallen 7.8% year-over-year, from $237,900 to $219,400.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56007 | Albert Lea, MN 56007 | 0.0 mi | 70 | $20,979,280 | $219,400 | $299,704 |
| 56016 | Clarks Grove, MN 56016 | 7.2 mi | 1 | $269,900 | $269,900 | $269,900 |
| 56036 | Glenville, MN 56036 | 9.1 mi | 7 | $2,061,850 | $174,950 | $294,550 |
| 56029 | Emmons, MN 56029 | 14.0 mi | 3 | $663,999 | $249,000 | $221,333 |
| 56026 | Ellendale, MN 56026 | 14.9 mi | 7 | $1,761,319 | $222,450 | $251,617 |
| 55912 | Austin, MN 55912 | 16.7 mi | 92 | $26,575,672 | $224,999 | $288,866 |
| 56072 | New Richland, MN 56072 | 18.8 mi | 6 | $1,368,198 | $224,900 | $228,033 |
| 55917 | Blooming Prairie, MN 55917 | 19.8 mi | 10 | $2,904,570 | $214,999 | $290,457 |
| 55953 | Lyle, MN 55953 | 20.2 mi | 2 | $119,800 | $59,900 | $59,900 |
| 50448 | Kensett, IA 50448 | 21.8 mi | 2 | $156,000 | $78,000 | $78,000 |
| 50446 | Joice, IA 50446 | 23.2 mi | 1 | $50,000 | $50,000 | $50,000 |
| 55970 | Rose Creek, MN 55970 | 25.0 mi | 1 | $315,000 | $315,000 | $315,000 |
| 56091 | Waldorf, MN 56091 | 25.4 mi | 2 | $298,000 | $149,000 | $149,000 |
As of January 2026, there are 70 active listings in ALBERT LEA, MN (zip code 56007), compared to 70 the prior year.
The median listing price in ALBERT LEA, MN 56007 is $219,400 as of January 2026, a 7.8% decrease from $237,900 the prior year.
Homes in ALBERT LEA, MN 56007 spend an average of 86 days on the market before going under contract, compared to 71 days the prior year.
Based on current inventory and days-on-market data as of January 2026, ALBERT LEA, MN 56007 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 86 days on market compared to 71 days last year.
With SELL123.com's maximum 3% commission, sellers in ALBERT LEA, MN 56007 save an estimated $4,388 compared to a typical 5% commission on the median listing price of $219,400. 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.