Housing in Albany, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$95,000
Median List Price
N/A
Price Per Sq Ft
$39
Days on Market
37
Active Inventory
5
Months of Supply
5.0
Balanced market
Zillow Home Value
$345,428
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
87.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$39
Albany vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Albany is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$226,000
Median Rent
$579
Total Housing Units
1,202
Vacancy Rate
4.4%
Owner Occupied
70.1%
Renter Occupied
29.9%
Median Property Tax
$2,310
per year
Monthly Cost (w/ Mortgage)
$1,261
Housing Types
The current median sale price in Albany, MN is $95,000 according to Redfin data. Homes spend a median of 37 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $39. The median rent is $579 per month (Census ACS). About 70.1% of housing units are owner-occupied. The median year homes were built is 1987. There are 1,202 total housing units.