$46,500
121 Par Dr
Albany, MN
0 ba
Land32,975 sqft lot
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Sarah Mitchell
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Compass Real Estate · Albany, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Albany, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Albany, MN Housing Market & Real Estate
Seller's market+45.0% YoY
Housing market overview · Updated monthly ·
$290,000median sale price
How is the Albany, MN housing market right now?
The median home sale price in Albany, MN is $290,000, up 45.0% year-over-year. Homes sell in an average of 15 days with 5 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Albany a buyer's or seller's market?
Seller's market1.7 months of supply15 avg. days on market
Albany, MN is currently a seller's market, based on 1.7 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
15
Fast-moving
Active listings
5
1.7 months supply
Sale-to-list
98.4%
Below asking
What does the Albany housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $290,000 |
| Median list price | $289,950 |
| Year-over-year price change | +45.0% |
| Average days on market | 15 days |
| Active inventory | 5 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $165/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Albany by property type?
How the Albany, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $290,000 | $165/sq ft | 3 | 15 days |
Source: Redfin · Updated monthly
The Albany housing market is currently classified as a seller's market with a median sale price of $290,000. Prices have risen 45.0% compared to last year, with homes spending an average of 15 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.8x provides context for how home values compare to local earning capacity.
Homes for sale in Albany
There are currently 5 homes listed for sale in Albany, Minnesota. The median listing price is $290K. Featured listings range from $46,500 to $625,000.
$99,900
641 Forest Ave
Albany, MN
3 bd1 ba
House12,632 sqft lot
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$114,900
21781 Trestle Ridge Rd
Albany, MN
0 ba
Land2.00 acres
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$165,900
38905 County Road 153
Albany, MN
2 bd2 ba1,188 sqft$140/ft²
House7,405 sqft lot
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$199,900
33380 Sandhill Cir
Albany, MN
2 bd1 ba720 sqft$278/ft²
House1.15 acres
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$200,000
951 6th St
Albany, MN
4 bd1 ba1,384 sqft$145/ft²
House14,375 sqft lot
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$269,900
241 Lake Ave
Albany, MN
3 bd2 ba1,439 sqft$188/ft²
House10,019 sqft lot
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$289,900
205 Green St
Albany, MN
3 bd2 ba1,676 sqft$173/ft²
House12,197 sqft lot
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$319,900
329 Golfview Dr
Albany, MN
4 bd2 ba1,936 sqft$165/ft²
House13,504 sqft lot
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$524,900
20927 Marshfield Cir
Albany, MN
4 bd3 ba3,300 sqft$159/ft²
House1.90 acres
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$554,900
609 Augustana Ln
Albany, MN
5 bd4 ba3,226 sqft$172/ft²
House21,344 sqft lot
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$625,000
33361 Sandhill Cir
Albany, MN
3 bd3 ba2,603 sqft$240/ft²
House2.39 acres
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Looking to buy in Albany?
Get connected with a local real estate expert — free, no obligation.
Active listings
5
Homes on market
Median list price
$290K
Avg. days on market
15
Days until sale
New this week
4
Newly listed
Sale-to-list:98.4%
Who lives in Albany?
Population
2,800
Median income
$75,417/yr
Median age
38.7 years
Owner-occupied
70.1%
College grads
22.4%
Avg commute
26.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Albany?
Zillow home value
$365,394
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Albany?
Albany is a community of approximately 3K residents with a median age of 38.7 years.The median household income is $75,417, which reflects a relatively affluent area with strong earning potential. 22.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 70.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Albany offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Albany?
3 schools tracked · 1,508 students
The largest public schools serving Albany, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Albany Area High School
Grades 9-12 · 560 students
ALBANY ELEMENTARY
Grades PK-5 · 478 students
Albany Area Middle School
Grades 6-8 · 470 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Albany, MN?
Want a head-to-head view? Compare Albany side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Albany?
The median home sale price in Albany is $290,000, up 45.0% from last year.
How long do homes stay on market in Albany?
Homes typically spend 15 days on market before going under contract.
What is the median income in Albany?
The median household income is $75,417 per year.
Is Albany a buyer's or seller's market?
With 1.7 months of supply, Albany is currently a seller's market.
How many homes are for sale in Albany?
There are currently 5 homes listed for sale in Albany, MN.
What is the Zillow home value estimate for Albany?
The Zillow Home Value Index (ZHVI) for Albany is $365,394, representing the typical home value in the area.
How much does a single-family home cost in Albany?
The median single-family home price in Albany, MN is $290,000 (about $165 per square foot).
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