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Median Home Price in Albert Lea, MN

The median home value in Albert Lea, MN is $180,520, up 4.55% from a year earlier.

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City housing-data period: September 2026. City source retrieval/check time (UTC) is recorded in the feed's updated field when available, not in the housing-data period.

Checked daily for new monthly Zillow releases, not new daily prices. Income and crime data are updated separately, not by the daily housing-data check. Unavailable means observation dates are missing or invalid.

Median Home Value

$180,520

Year-over-Year

+4.55%

Population

18,194

Home value history

The typical home value decreased by 0.4%, from $181,301 in May 2026 to $180,520 in Sep 2026.

Albert Lea, MN typical home value from May 2026 to Sep 2026

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

Albert Lea, MN monthly home value history
MonthTypical home valueYear-over-year change
May 2026$181,301+5.7%
Jun 2026$185,100+5.3%
Jul 2026$181,799+4.6%
Aug 2026$182,805+4.6%
Sep 2026$180,520+4.5%

Albert Lea ranks #107 of 112 Minnesota cities tracked here by median home value, and sits 48.2% below the state's city median of $348,300. It sits in Freeborn County, where the county-wide median is $197,437.

Housing affordability in Albert Lea

Median household income in Albert Lea is $64,603, so the typical home value is about 2.8× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Albert Lea

Albert Lea police recorded a violent crime rate of 209 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,490 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Albert Lea

What is the average home price in Albert Lea, MN?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Albert Lea, that value is $180,520. That's up 4.55% from a year earlier. It is about 48.2% below the typical Minnesota city tracked here.

Is Albert Lea expensive compared to the surrounding area?

Homes in Albert Lea are cheaper than Freeborn County as a whole, where the median is $197,437 — a difference of about 8.6%.

Is Albert Lea affordable?

Median household income here is $64,603, so the typical home value is about 2.8× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Albert Lea a safe place to live?

Albert Lea police reported 209 violent crimes per 100,000 residents, covering a population of about 18,194. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in MN

Fergus Falls · Austin · Crookston · Thief River Falls · Redwood Falls · Fairmont · Hibbing · International Falls