Market report, updated

Freeborn County Home Values and Market Report

Search in the county of Freeborn

Create your own market report
LakeMinnetonkaRealEstate.com
Report prepared by LakeMinnetonkaRealEstate.com
LakeMinnetonkaRealEstate.com logo

Market at a glance

Over the last 12 months, homes sold for 95.9% of list price in 99 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $259K Sold · $235K
$260K$230K$200K$170K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 45 sales in May. Last month: 35.

Where the market stands

All homes in this report, by status.

574homes
Active164 · 29%
Under contract29 · 5%
Sold (12 mo)381 · 66%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$280K
Under contract$212K
Sold$216K

Average days on market

Active138 days
Under contract107 days
Sold99 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 164
Average list price $279,901
Avg. days on market 138 days
Avg. price per ft² $139 Based on 135 of 164 homes
Avg. living area 1,898 ft² Based on 135 of 164 homes
Avg. beds / baths 3.3 / 2.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

29 homes didn’t report living area and aren’t shown.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 133 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

29 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

26444 740th Avenue$408
90917 240th Street$390
20975 794th Avenue$307
409 W Clark Street$304
25551 885th Avenue$277
2334 9th Street W$270
2330 9th Street W$270

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1018 Abbott StreetAlbert Lea, MN 56007 321,526$330,000$2160 days
621 Sheridan StreetAlbert Lea, MN 56007 321,576$175,000$1110 days
121 5th Avenue SAlbert Lea, MN 56007 21933$95,000$1012 days
2734 Campus LaneAlbert Lea, MN 56007 443,883$575,000$1483 days
310 3rd Street SWGlenville, MN 56036 311,398$112,900$804 days
104 S 6th Avenue SAlbert Lea, MN 56007 321,048$167,900$1603 days
77667 235th StreetAlbert Lea, MN 56007 321,604$349,900$2186 days
408 E 6th StreetAlbert Lea, MN 56007 321,200$149,900$1247 days
909 Spicer RoadAlbert Lea, MN 56007 331,920$350,000$1827 days
2013 Tower RoadAlbert Lea, MN 56007 311,880$179,900$959 days
LakeMinnetonkaRealEstate.com

Questions about this market?

LakeMinnetonkaRealEstate.com logo

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

LakeMinnetonkaRealEstate.com

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.