Albany, MN

Balanced market+28.1% YoY

Housing market overview · Updated weekly

$262,450median sale price

Homes sold

2

Last 12 weeks

Days on market

126

Average pace

Active listings

4

2.0 months supply

Sale-to-list

98.2%

Below asking

The Albany housing market is currently classified as a balanced market with a median sale price of $262,450. Prices have risen 28.1% compared to last year, with homes spending an average of 126 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Albany

There are currently 4 homes listed for sale in Albany, Minnesota. The median listing price is $330K.

Active listings

4

Homes on market

Median list price

$330K

Avg. days on market

126

Days until sale

New this week

1

Newly listed

Price drops:25.0%of listings
Sale-to-list:98.2%

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Frequently asked questions

What is the average home price in Albany?

The median home sale price in Albany is $262,450, up 28.1% from last year.

How long do homes stay on market in Albany?

Homes typically spend 126 days on market before going under contract.

Is Albany a buyer's or seller's market?

With 2.0 months of supply, Albany is currently a balanced market.

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