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ALBANY, MN 56307

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The ALBANY, MN real estate market (56307) currently shows 14 active listings, with 4 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 40 days on market compared to 80 days last year.

The median listing price has fallen 27.9% year-over-year, from $375,950 to $270,925.

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Market Context

Market Context

Population: 5,374  ·  Density: 19.6/mi²  ·  Median household income: $89,375

Typical home value: $250,724  ·  Homeownership: 83.6%

Market Overview

Active Listings
14
⇧ 16.7% vs 12 last year
Pending
4
29% pending ratio
Median Price
$270,925
⇩ 27.9% vs $375,950 last year
Average Price
$602,587
⇧ 54.6% vs $389,670 last year
Days on Market
40
⇩ 50% vs 80 days last year

Price Per Square Foot

Median $/sqft
$174
⇩ 1.7% vs $177/sqft last year
Median Home Size
1,846 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 12 last year
  • Days on market: 40 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $270,925 (-27.9% YoY)
  • Average: $602,587 (+54.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.2 miles — 226 listings ($85,007,760 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56307Albany, MN 563070.0 mi15$5,201,700$294,900$346,780
56310Avon, MN 563107.0 mi16$6,157,344$376,150$384,834
56352Melrose, MN 5635210.4 mi7$2,134,153$279,900$304,879
56374Saint Joseph, MN 5637412.2 mi32$12,217,600$313,750$381,800
56320Cold Spring, MN 5632014.0 mi26$13,102,908$438,925$503,958
56375Saint Stephen, MN 5637516.0 mi2$1,044,800$522,400$522,400
56318Burtrum, MN 5631816.2 mi1$535,000$535,000$535,000
56362Paynesville, MN 5636216.5 mi16$5,523,920$279,950$345,245
56325Elrosa, MN 5632517.9 mi1$598,000$598,000$598,000
56303Saint Cloud, MN 5630318.6 mi85$26,385,275$241,250$310,415
56382Swanville, MN 5638219.9 mi5$1,161,250$232,250$232,250
56312Belgrade, MN 5631221.0 mi1$629,000$629,000$629,000
56367Rice, MN 5636722.2 mi19$10,316,810$284,850$542,990

Frequently Asked Questions

How many homes are for sale in ALBANY, MN 56307?

As of September 2026, there are 14 active listings in ALBANY, MN (zip code 56307), compared to 12 the prior year.

What is the median home price in ALBANY, MN 56307?

The median listing price in ALBANY, MN 56307 is $270,925 as of September 2026, a 27.9% decrease from $375,950 the prior year.

How long do homes stay on the market in ALBANY, MN?

Homes in ALBANY, MN 56307 spend an average of 40 days on the market before going under contract, compared to 80 days the prior year.

Is it a seller's or buyer's market in ALBANY, MN 56307?

Based on current inventory and days-on-market data as of September 2026, ALBANY, MN 56307 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 40 days on market compared to 80 days last year.

How much can I save on real estate commission in ALBANY, MN?

With SELL123.com's maximum 3% commission, sellers in ALBANY, MN 56307 save an estimated $5,419 compared to a typical 5% commission on the median listing price of $270,925. 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.