MN area data
Albert lea, MN
Albert lea, MN.
Population: 21,377 (Census ACS)
Home values & appreciation
- Median home value
- $184,012
- 1-year appreciation
- +4.7%
- 3-year appreciation
- +9.1%
- 5-year appreciation
- +26.0%
- 10-year appreciation
- +91.6%
- All-time peak (2026-04)
- $184,941
- House Price Index
- 429.3 (+3.3% YoY)
Market activity
- Median sale price
- $185,000
- Median list price
- $224,950
- Median days on market
- 19.5 days
- Sale-to-list ratio
- 96.4%
- Active listings
- 4
- 1-year forecast
- +1.8%
- Days to pending
- 54 days
- New listings (monthly)
- 35
Rents
- Typical rent
- $1,046/mo
- 1BR fair-market rent
- $943/mo
- 3BR fair-market rent
- $1,529/mo
Affordability
- Cost of living index (Below Average)
- 90.0 (100 = US avg)
- Electricity rate (state-level)
- 15.8¢/kWh
- Natural gas rate (state-level)
- $11.00/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 9
- Elementary schools
- 4
- Middle schools
- 1
- High schools
- 3
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- drought, hail, strongWind, tornado, winterWeather
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 45.0°F
- Average high
- 55.0°F
- Average low
- 36.0°F
- Annual precipitation
- 36.6 in
- Annual snowfall
- 42.2 in
Walkability & transit
- Walkability index
- 8.3 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Albert Lea Municipal Airport (AEL) (3 mi)
- Hospitals nearby (~15 mi)
- 1
- Avg hospital rating
- 5.0 / 5
- Solar radiation rating
- Fair (3.9 kWh/m²/day)
Migration
- Net migration
- -71 tax filers
Housing stock
- Median year housing built
- 1,960
- Median annual property tax
- $1,925
- Mean commute to work
- 17 min
- Households with broadband internet
- 65.0%
Employment & development
- Total county employment
- 10,365
- Average weekly wage
- $959
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 16
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →