Data as of September 2026. Source: Realtor.com.
The ALBERT LEA, MN real estate market (56007) currently shows 120 active listings, with 31 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 69 days on market compared to 62 days last year.
The median listing price has fallen 6.5% year-over-year, from $272,450 to $254,875.
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 September 2026, there are 120 active listings in ALBERT LEA, MN (zip code 56007), compared to 115 the prior year.
The median listing price in ALBERT LEA, MN 56007 is $254,875 as of September 2026, a 6.5% decrease from $272,450 the prior year.
Homes in ALBERT LEA, MN 56007 spend an average of 69 days on the market before going under contract, compared to 62 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ALBERT LEA, MN 56007 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 62 days last year.
With SELL123.com's maximum 3% commission, sellers in ALBERT LEA, MN 56007 save an estimated $5,098 compared to a typical 5% commission on the median listing price of $254,875. 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.