Albertville, MN—55301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Albertville, MN
As of Oct '25, the median home price in Albertville, MN is $377,000, with a year-over-year change of 1.6%. This indicates that home prices in Albertville, MN are increasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $377,000 | 1.6% |
| Single Family | $378,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $285,000 | 0.7% |
3 Bed | $352,000 | 1.7% |
4 Bed | $432,000 | 0.9% |
| 5 Bed | $468,000 | 0.4% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Albertville, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Albertville, MN is 41. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | 6.0% |
Listing Count | 61 | 34.0% |
| Listings as % of Homes | 1.0% | 34.0% |
Days on Market | 41 | -7.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Albertville, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $377,000 |
| Median Household Income | $131,000 |