Property prices for sale in Albert Lea (Minnesota)

The prices in real estate in Albert Lea, in the Minnesota region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$152,023.17
Average price last 6 months
$86.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Albert Lea has increased strongly during the last 6 months. In November, the average price per sq.feet was $76. In December this price pretty much remained the same at a value of $76 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 116 %. The price per sq.feet has had a considerable increase of 118 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $82 to $96.5 during March, and April.

Average price

Based upon to the price in Albert Lea (cities), this has gone up considerably in the last 6 months. The average price for November is $134,284. During December the price had a slight fall till $118,067. During the following two months (January, February) the average price had a considerable increase of 118 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 131 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 12 % cheaper than the average price of $151,069 in Albert Lea. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 12 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 60 % cheaper than the average price of ($38 / sq.feet) in Albert Lea. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 60 % cheaper than the average value aforementioned.

Price per property type

With regard to the average price based upon the property in Albert Lea we can see that the cheapest property type is "House" at a price of $151,069, they are 12 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 12 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "House with an average price of $38 / sq.feet. "House" with an average cost of $38 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Albert Lea
Number of properties used in region Minnesota
$172,540
$94
352
116,192
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Sale Pending! Well Maintained Two. Albert Lea
 46
Sale Pending! Well Maintained Two. Albert Lea
$104,900
Albert Lea, Minnesota - For Sale - House - 1,095 sq.feet - 2 bedrooms - 1 bathroom
Albert lea mn location albert lea mn well maintained two bedroom and one bathroom... James ave albert lea mn view map links view d walk through tour view all our listings...
Sale Pending In One Day! Locatio. Albert Lea
 50
Sale Pending In One Day! Locatio. Albert Lea
$219,900
Albert Lea, Minnesota - For Sale - House - 2,672 sq.feet - 3 bedrooms - 2 bathrooms
And two bathroom home that sits directly across from a park ridge rd albert lea mn location albert lea mn location location location spacious three bedroom...
Location, Location, Location With This Home That Boast 4 Br, 2 B
 1
Location, Location, Location With This Home That Boast 4 Br, 2 B
$189,900
Albert Lea, Minnesota - For Sale - House - 1,981 sq.feet - 4 bedrooms - 2 bathrooms
Location, location, location. This home boast four beds, 2 baths, and 2 recreational rooms. Kitchen has renovated cabinets and counters. Recreational room off...
Single Family Home In Albert Lea From Hud Foreclosed
 1
Single Family Home In Albert Lea From Hud Foreclosed
$35,000
Albert Lea, Minnesota - For Sale - House - 1,302 sq.feet - 3 bedrooms - 2 bathrooms
This property is reo, or reo. The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since...
Multifamily 2 4 Units In Albert Lea
 1
Multifamily 2 4 Units In Albert Lea
$35,000
Albert Lea, Minnesota - For Sale - House - 1,668 sq.feet - 2 bedrooms - 2 bathrooms
This property is reo, or reo. The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since...