Albert Lea Real Estate Market
The median sale price for homes in Albert Lea over the last 12 months is $70,000.
The median mortgage debt is $63,208.
The price per square foot for listings in this area is $60.
The number of active listings in Albert Lea increased by 19.1% from the previous month.
The median number of days active properties have been listed is 61. This is significantly shorter than the national average.
This chart shows home occupancy within an area.
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.
High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
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