Data as of February 2026. Source: Realtor.com.
The ALBERT LEA, MN real estate market (56007) currently shows 75 active listings, with 19 pending sales. Homes are averaging 83 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 83 days on market compared to 85 days last year.
The median listing price has fallen 18.8% year-over-year, from $266,350 to $216,150.
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.
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 | 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 February 2026, there are 75 active listings in ALBERT LEA, MN (zip code 56007), compared to 72 the prior year.
The median listing price in ALBERT LEA, MN 56007 is $216,150 as of February 2026, a 18.8% decrease from $266,350 the prior year.
Homes in ALBERT LEA, MN 56007 spend an average of 83 days on the market before going under contract, compared to 85 days the prior year.
Based on current inventory and days-on-market data as of February 2026, ALBERT LEA, MN 56007 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 83 days on market compared to 85 days last year.
With SELL123.com's maximum 3% commission, sellers in ALBERT LEA, MN 56007 save an estimated $4,323 compared to a typical 5% commission on the median listing price of $216,150. 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.