Albany Real Estate Market Conditions

  • Median sales price

    $255,900
    5.24% change since last quarter
  • # Active listings

    40
    30-day change

Albany Schools and Demographics

Education near Albany, MN

City County
High School Graduates 82.71 92.01
College Degree - 2 year 15.5 13.42
College Degree - 4 year 19.63 27.17
Graduate Degree 1.96 5.61
Expenditures per Student 9,739 11,919
Students per Teacher 15.4 14.6

Elementary Schools near Albany, MN

Grades Students P/T Ratio ZIP
Albany Elementary School PK - 06 469 13.5 56307
Avon Elementary School PK - 06 438 14.4 56310
Holdingford Elementary School PK - 06 527 14.1 56340
Melrose Elementary School PK - 05 502 13.6 56352
Richmond Elementary School KG - 05 146 18.6 56368

Middle Schools near Albany, MN

Grades Students P/T Ratio ZIP
Albany Junior High School 07 - 08 271 19.8 56307
Melrose Middle School 06 - 08 360 19.3 56352

High Schools near Albany, MN

Grades Students P/T Ratio ZIP
Albany Senior High School 09 - 12 530 15.8 56307
Holdingford Secondary School 07 - 12 488 17.3 56340
Melrose Secondary School 09 - 12 500 17.4 56352

Ungraded Schools near Albany, MN

Grades Students P/T Ratio ZIP
* Central MN ALC Holdingford 07 - 12 0 56340
Albany Area Schools Early Childhood PK - PK 24 5.8 56310

Demographics near Albany, MN

City County
Neighborhood Type Suburban
Population 2,674 155,300
Population Density 1,228 116
Median Age 37 34.1
People per Household 2.5 2.5
Median Household Income 57,500 59,564
Average Income per Capita 26,512 29,148

Albany Real Estate

The median home value in Albany, MN is $255,900. This is higher than the county median home value of $192,400. The national median home value is $219,700. The average price of homes sold in Albany, MN is $255,900. Approximately 71.06% of Albany homes are owned, compared to 25.86% rented, while 3.08% are vacant. Albany real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albany real estate agent to arrange a tour today!

Albany, Minnesota has a population of 2,674. Albany is more family-centric than the surrounding county with 38.69% of the households containing married families with children. The county average for households married with children is 32.32%.

The median household income in Albany, Minnesota is $57,500. The median household income for the surrounding county is $59,564 compared to the national median of $57,652. The median age of people living in Albany is 37 years.

Albany Weather

The average high temperature in July is 83.1 degrees, with an average low temperature in January of 4.8 degrees. The average rainfall is approximately 29.5 inches per year, with 53.7 inches of snow per year.

Nearby Homes for Sale

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