Median home value in zip code 56007 (Albert Lea, MN) is $174,650, up 4.5% year over year. Part of the Albert Lea, MN metropolitan area.

Home Value$174,650

YoY Change

+4.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 56007 (Albert Lea).

Income (annual)

Down Payment

$34,930 on $174,650

Example: $75,000 household income. Change it above to see your own.

Affordable19.1% of income

Under the 28% guideline.

PITI$1,196

P/I19.1%

Afford$256K

Room+$81K

P&I $883Tax $163Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

56007 is part of the Albert Lea, MN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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