Current Price

$160,916

1 Month Forecast

â–² $175,570

1-Year Forecast *

â–² $189,154

5-Year Forecast *

â–² $222,922

"Is it a good time to buy homes in Albert Lea?" "Does investing in real estate in Albert Lea (Minnesota State, Freeborn County) worth it?" According to our live Forecast System, buying a house in Albert Lea is a good short-term (1-year) investment*. The Albert Lea average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Albert Lea" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Albert Lea in Minnesota State, Freeborn County. If you are looking for homes for sale with good flipping profit, Albert Lea can be a profitable property investment option. The median price of an average house in Albert Lea was 160,916 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Albert Lea" area is 222,922 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +38.53% meaning that investing 100000 USD today may yield a profit of 38,533 USD by 2031.

Current Median Listing Price: 160,916 USD Median Listing Price Per Square Foot: 89 USD

Albert Lea Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Albert Lea (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Albert Lea Price Target

Albert Lea median home price target in 12 months: $189,154* (upside of 17.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $174,342 $174,320 $173,038 $174,342
2024 $156,730 $160,916 $156,730 $160,916
2023 $148,093 $156,776 $148,093 $156,801
2022 $140,726 $147,274 $140,726 $147,985
2021 $123,624 $139,292 $123,624 $139,292
2020 $112,547 $121,883 $112,547 $121,883
2019 $104,177 $111,639 $104,177 $111,639
2018 $95,839 $103,005 $95,839 $103,005
2017 $90,318 $95,010 $90,318 $95,010
2016 $84,014 $89,358 $84,014 $89,358
2015 $79,502 $83,536 $79,502 $83,536
2014 $77,039 $79,107 $76,618 $79,971
2013 $74,656 $77,326 $71,849 $77,326
2012 $71,957 $75,466 $71,928 $76,113

Questions & Answers about the Albert Lea Housing Market Forecast

How much does an average home cost in Albert Lea today?

The value of an average home (the listing price) in Albert Lea is $160,916 USD.

What is the average price per square foot in Albert Lea?

According to Walletinvestor the median price per square foot in Albert Lea is 89 USD.

Will the median listing price of homes in Albert Lea grow / rise / go up?

Yes. The Albert Lea home prices may rise from 160,916 USD to 189,154 USD in one year.

Is it profitable to invest in Albert Lea homes?

Yes. The long-term profit potential is +17.55% in one year.

Will Albert Lea house prices fall / drop?

No. See above.

What is the predicted price of a Albert Lea home in 2030?

The predicted home sales price of a Albert Lea home in 2030 in Albert Lea is 210,566 USD.

What is the predicted price of a Albert Lea home in 2035?

The predicted home sales price of a Albert Lea home in 2035 in Albert Lea is 263,790 USD.

Will real estate prices decrease in Albert Lea?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Albert Lea is the 3877. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Freeborn, Albert Lea decreased, looking at the past 12 months.

According to Walletinvestor's Albert Lea real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.325% to 160,916 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 19.318% in 2021
  • 18.528% in 2022
  • 16.368% in 2023
  • 16.118% in 2024
  • 18.538% in 2025
  • 17.308% in 2026

Based on our Albert Lea real estate market research and report the predicted sales prices will increase by 403.690% in the next 10 years.

Over the last 12 months, the value of homes in Albert Lea fluctuated: increasing 3 times and decreasing 1 times.

Albert Lea (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Albert Lea Housing Market Forecast with Real Estate Prices for 2025
August 2025 175570 165036 186104
September 2025 176829 159146 194512
October 2025 178097 163493 192701
November 2025 179374 161796 196953
December 2025 180471 163507 197436
Albert Lea Housing Market Forecast with Real Estate Prices for 2026
January 2026 181394 170147 192640
February 2026 182516 173025 192006
March 2026 183824 167648 200001
April 2026 185143 170146 200139
May 2026 186470 175096 197845
June 2026 187807 170154 205461
July 2026 189154 171374 206935
August 2026 190511 180033 200989
September 2026 191877 181515 202238
October 2026 193253 179725 206780
November 2026 194265 182221 206310
December 2026 193722 176481 210963
Albert Lea Housing Market Forecast with Real Estate Prices for 2027
January 2027 192811 175265 210357
February 2027 192348 176575 208120
March 2027 192816 174305 211326
April 2027 193662 180300 207025
May 2027 194740 182666 206814
June 2027 196136 179269 213004
July 2027 197543 179961 215124
August 2027 198959 180257 217662
September 2027 200386 183754 217018
October 2027 201262 182545 219980
November 2027 202139 183138 221140
December 2027 202932 191365 214499
Albert Lea Housing Market Forecast with Real Estate Prices for 2028
January 2028 203808 189949 217667
February 2028 204323 185525 223121
March 2028 204662 186038 223287
April 2028 204629 184780 224478
May 2028 204569 187386 221753
June 2028 204715 192227 217202
July 2028 205747 190316 221178
August 2028 207223 187744 226702
September 2028 208347 195013 221681
October 2028 208538 193106 223970
November 2028 208296 189341 227251
December 2028 208207 194049 222365
Albert Lea Housing Market Forecast with Real Estate Prices for 2029
January 2029 208233 195114 221351
February 2029 208458 189905 227011
March 2029 208959 190362 227556
April 2029 209917 197742 222092
May 2029 211423 193452 229393
June 2029 211412 198728 224097
July 2029 210566 190351 230780
August 2029 209841 190116 229566
September 2029 209985 190456 229513
October 2029 210627 189985 231268
November 2029 211396 190468 232324
December 2029 212912 191834 233990
Albert Lea Housing Market Forecast with Real Estate Prices for 2030
January 2030 214439 193424 235454
February 2030 215976 196323 235630
March 2030 217525 201428 233622
April 2030 218856 205068 232643
May 2030 219974 204356 235592
June 2030 221334 210268 232401
July 2030 222922 210215 235628
August 2030 224520 202966 246074
September 2030 226130 207135 245125
October 2030 227752 210898 244605
November 2030 229385 213099 245671
December 2030 231030 214165 247895
Albert Lea Housing Market Forecast with Real Estate Prices for 2031
January 2031 232687 214072 251302
February 2031 234355 212326 256385
March 2031 235583 213909 257257
April 2031 234925 217540 252309
May 2031 233820 214647 252993
June 2031 233258 217863 248653
July 2031 233825 213716 253934
August 2031 234852 222405 247299
September 2031 236159 216794 255524
October 2031 237852 225722 249983
November 2031 239558 218477 260639
December 2031 241276 221974 260578
Albert Lea Housing Market Forecast with Real Estate Prices for 2032
January 2032 243006 221864 264147
February 2032 244068 224055 264082
March 2032 245131 226256 264006
April 2032 246094 221484 270703
May 2032 247155 231090 263220
June 2032 247780 231674 263886
July 2032 248191 232307 264076

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.