Albertville, MN 55301 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Albertville, MN—55301

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$372,000

1.5% YoY Growth

Household Income

$131,000

29.8% YoY Growth

Days on Market

32.0% Longer YoY

Home Price Forecast

-0.5%

Median Rent

$2,500

8.1% YoY Growth

1-Bed Rent

$830

N/A

2-Bed Rent

$2,610

20.5% YoY Growth

3-Bed Rent

$2,390

3.2% YoY Growth

Home Price Trends — Albertville, MN

As of Dec '25, the median home price in Albertville, MN is $372,000, with a year-over-year change of 1.5%. This indicates that home prices in Albertville, MN are increasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$372,000	1.5%
Single Family	$374,000	1.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Albertville, MN

As of July '25, Rentcast reports the average rent in Albertville, MN is $2,480, with a year-over-year rent change of -8.1%. Per bedroom, the median rent as of July '25 in Albertville, MN is 1-bedrooms: $830, 2-bedrooms: $2,100, 3-bedrooms: $2,550, 4-bedrooms: $2,800. The most common rental property sizes in Albertville, MN are 2-bedroom and 3-bedroom, accounting for 39.4% and 22.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,480
Studio Rent	N/A	N/A
1 Bed Rent	$830	$830
2 Bed Rent	$2,610	$2,100
3 Bed Rent	$2,390	$2,550
4 Bed Rent	$2,800	$2,800

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% of Rental Stock

1 Bedroom

11.2%

2 Bedrooms

39.4%

3 Bedrooms

22.1%

4 Bedrooms

18.1%

5+ Bedrooms

9.2%

Property Listings — Albertville, MN

As of Dec '25, Realtor.com reports that the median days on market for a home in Albertville, MN is 60. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$300,000	-6.0%
Listing Count	29	7.0%
Listings as % of Homes	1.0%	7.0%
Days on Market	88	32.0%

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Demographics — Albertville, MN

As of the latest ACS Survey released in 2023, Albertville, MN has a population of 13,500, which has increased by 5.7% over the past 5 years. Albertville, MN is a popular place for families, as children make up 29.1% of the population. The area has a moderately educated workforce, with 43.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,500	5.7%
% Under 18	29.1%	-8.2%
% Seniors	7.6%	18.8%
% WFH	15.8%	327.0%
% w/ College Degree	43.6%	43.0%

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As of the latest ACS Survey released in 2023, Albertville, MN is a predominantly white area, with 85.0% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Albertville, MN is black, making up 6.5% of the population. Foreign-born residents account for 6.5% of the population in Albertville, MN, and this percentage has increased by 124.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	85.0%	-7.0%
% Black	6.5%	91.2%
% Hispanic	0.7%	600.0%
% Asian	1.8%	-5.3%
% Foreign Born	6.5%	124.1%

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Mortgage and Risk — Albertville, MN

According to HUD data as of 2023, there were 641 mortgage originations in Albertville, MN, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Albertville, MN. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	641
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — Albertville, MN

As of 2024, the percent of homes in Albertville, MN under the Section 8 program is 2.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Albertville, MN, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	10
Total Units Section 8	10
% Rentals under Section 8	2.7%
% Occupied Section 8	96.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$690	$830	$1,520
2 Bedroom	-$760	$2,610	$1,850
3 Bedroom	$70	$2,390	$2,460
4 Bedroom	-$40	$2,800	$2,760

Albertville, MN—55301

Key Metrics at a Glance

Home Price Trends — Albertville, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Albertville, MN

% of Rental Stock

Property Listings — Albertville, MN

Demographics — Albertville, MN

Race and Ethnicity

Mortgage and Risk — Albertville, MN

Mortgages

Rentals and Section 8 — Albertville, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Albertville, MN

Home Price to Income Ratio

Albertville, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Saint Michael, MN

Hanover, MN

Rogers, MN

Elk River, MN

Greenfield, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$372,000
Median Household Income	$131,000

Albertville, MN—55301

Key Metrics at a Glance

Home Price Trends — Albertville, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Albertville, MN

% of Rental Stock

Property Listings — Albertville, MN

Demographics — Albertville, MN

Race and Ethnicity

Mortgage and Risk — Albertville, MN

Mortgages

Rentals and Section 8 — Albertville, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Albertville, MN

Home Price to Income Ratio

Albertville, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Saint Michael, MN

Hanover, MN

Rogers, MN

Elk River, MN

Greenfield, MN

Frequently Asked Questions

What is the average home price in Albertville, MN 55301?

How have home prices in Albertville, MN 55301 changed over the past year?

What is the home price projection for Albertville, MN 55301?

What are the demographics of Albertville, MN 55301?

How long does it take homes to sell in Albertville, MN 55301?

What is the average rent price in Albertville, MN 55301?