No HOA
$199,900
9
3Bds
3Ba
1,987sqft
Single family home for sale
MLS ID #7090675, Coldwell Banker River Valley, Realtors
Homes for Sale Under 200K in Albert Lea, MN
65 Homes for Sale
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No HOANo HOA
$199,000
3Bds
1Ba
1,030sqft
Single family home for sale
MLS ID #7152841, Help-U-Sell Heritage Real Est.
No HOA
$195,000
6
4Bds
2Ba
1,686sqft
Single family home for sale
MLS ID #7042017, Leland Realty
No HOA
$195,000
3
3Bds
3Ba
1,445sqft
Single family home for sale
MLS ID #7149494, Herizon Realty
No HOA
$194,900
10
3Bds
2Ba
980sqft
Single family home for sale
MLS ID #7139503, Worth Clark Realty
3D TourNo HOA
$194,900
6
4Bds
2Ba
1,855sqft
Sale Pending
MLS ID #7083187, Leland Realty
No HOA
$190,000
4
2Bds
2Ba
1,384sqft
Single family home for sale
MLS ID #7099734, Realty Group Llc
No HOA
$190,000
1
3Bds
2Ba
1,755sqft
Single family home for sale
MLS ID #7140750, Edina Realty, Inc.
3D TourNo HOA
$189,900
6
3Bds
2Ba
1,913sqft
Single family home for sale
MLS ID #7145396, Leland Realty
Hot
509 4th Street, Albert Lea, MN 56007
MLS ID #7004302, Coldwell Banker Realty - Lakes
Building 1 Unit Available
Unit #
No HOA
$185,000
4
2Bds
1Ba
1,102sqft
Sale Pending
MLS ID #7099813, Century 21 Atwood
3D Tour
$184,900
2
3Bds
1Ba
962sqft
Single family home for sale
MLS ID #7152170, Leland Realty
No HOA
$184,000
3
3Bds
2Ba
1,270sqft
Single family home for sale
MLS ID #7044394, Midwest Property Connections
HotNo HOA
$182,000
13
3Bds
2Ba
1,128sqft
Single family home for sale
MLS ID #7145262, Coldwell Banker River Valley, Realtors
No HOA
$180,000
7
3Bds
2Ba
1,392sqft
Single family home for sale
MLS ID #7105736, Realty One Group Black Diamond
$179,900
7
5Bds
2Ba
1,792sqft
Multi family home for sale
MLS ID #7131214, Robert Hoffman Realty Inc.
No HOA
$174,900
6
3Bds
2Ba
1,478sqft
Single family home for sale
MLS ID #7124739, Century 21 Atwood
No HOA
$173,900
8
3Bds
3Ba
1,697sqft
Single family home for sale
MLS ID #7146639, Century 21 Atwood
3D TourNo HOA
$172,900
6
4Bds
2Ba
1,012sqft
Sale Pending
MLS ID #7143804, Leland Realty
221 N 3rd Avenue, Albert Lea, MN 56007
MLS ID #7035715, Robert Hoffman Realty Inc.
Building 1 Unit Available
Unit #
3D Tour
$169,900
1
2Bds
2Ba
1,299sqft
Single family home for sale
MLS ID #7155997, Leland Realty
No HOA
$165,900
6
3Bds
2Ba
1,546sqft
Single family home for sale
MLS ID #7078581, Robert Hoffman Realty Inc.
922 Jefferson Ave, Albert Lea, MN 56007
MLS ID #7056059, National Realty Guild
Building 1 Unit Available
Unit #
No HOA
$155,000
3
4Bds
2Ba
1,347sqft
Sale Pending
MLS ID #7152613, Exp Realty
$149,900
14
6Bds
2Ba
2,064sqft
Multi family home for sale
MLS ID #6766237, Robert Hoffman Realty Inc.
3D TourNo HOA
$149,900
4
3Bds
2Ba
1,142sqft
Single family home for sale
MLS ID #6819920, Unique Realty
No HOA
$149,900
10
--Bds
--Ba
5.3acres lot
Land for sale
MLS ID #7113655, Unique Realty
No HOA
$140,000
7
3Bds
2Ba
1,264sqft
Single family home for sale
MLS ID #7125046, Partners Realty Inc.
3D TourNo HOA
$139,900
9
3Bds
2Ba
1,358sqft
Single family home for sale
MLS ID #7137483, Leland Realty
Hot3D Tour
$139,900
13
2Bds
1Ba
1,095sqft
Sale Pending
MLS ID #7142816, Leland Realty
No HOA
$130,000
7
2Bds
1Ba
1,234sqft
Sale Pending
MLS ID #7141886, Edina Realty, Inc.
No HOA
$130,000
5
2Bds
1Ba
660sqft
Single family home for sale
MLS ID #7087711, Exp Realty
HotNo HOA
$129,900
14
3Bds
1Ba
810sqft
Single family home for sale
MLS ID #7146116, Unique Realty
No HOA
$129,900
5
3Bds
1Ba
1,337sqft
Sale Pending
MLS ID #7149330, Realty One Group Black Diamond
No HOA
$123,999
8
2Bds
1Ba
1,593sqft
Single family home for sale
MLS ID #7125699, Coldwell Banker River Valley, Realtors
No HOA
$120,000
7
2Bds
2Ba
1,226sqft
Single family home for sale
MLS ID #7107810, Re/Max Results
3D TourNo HOA
$119,900
5
4Bds
1Ba
1,537sqft
Single family home for sale
MLS ID #7121238, Leland Realty
3D Tour
$115,000
1
3Bds
2Ba
2,062sqft
Single family home for sale
MLS ID #7155870, Leland Realty
3D Tour
913 Abbott St #203, Albert Lea, MN 56007
MLS ID #6707472, Century 21 Atwood
Building 1 Unit Available
Unit #203
No HOA
$104,900
9
2Bds
1Ba
686sqft
Single family home for sale
MLS ID #7143459, Realty One Group Black Diamond
918 Jefferson Ave, Albert Lea, MN 56007
MLS ID #7113049, Homeproz Real Estate
Building 1 Unit Available
No HOA
$95,000
8
2Bds
1Ba
960sqft
Sale Pending
MLS ID #7108700, Realty One Group Black Diamond
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Albert Lea, MN Housing Market Overview
Albert Lea is moving fast, and is a seller's market. Just 3.4 months of supply and 33 days on the market mean less competition for buyers and more leverage for you.
Status
Seller's Market
Days on Market
33
Inventory
65
Sep 2021Mar 2024Mar 2026
Median Home Price
$200,000Up 0.14%
In Mar 2026 · YoY
Sep 2021Mar 2024Mar 2026
Mortgage Rates 30-Yr Fixed
6.23%Down 0.58%
Current rate · YoY
Loan Type
30-Year Fixed
Housing Supply
- Homes For Sale
- 65 Up 0.48%
- Newly Listed Homes
- 26 Up 0.13%
- Months of Supply
- 3.4 Up 0.80%
Housing Demand
- Homes Sold
- 19 Down 0.00%
- Sale-to-List Ratio
- 95.5% Down 4.26%
- Homes Sold Above List
- 21.1% Down 31.89%
30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.
View Full Albert Lea Market ReportNo. of Homes
Prices
No. of Homes
No. of Homes
Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 8, 2026, 6:31 PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC
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Albert Lea, MN Housing Market
65
Homes Available
$ 200,000
Median List Price
33 Days
Avg on Market
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