This page includes AI-assisted content reviewed by Mark Gores, Licensed Minnesota Realtor #20486494. Market statistics and trends are based on information from MLS GRID, deemed reliable but not guaranteed.
All information is sourced from the MLS and verified for accuracy.
Living in Albany, Minnesota
Overview
Nestled in the heart of Stearns County, Albany, Minnesota, offers a charming blend of small-town warmth and modern conveniences. With recent expansions like the New Albany Community Center and enhancements to Albany Area Schools facilities, the city is growing while maintaining its rich heritage. The median home price here is $274,950, reflecting a significant year-over-year change of 14.6%. Albany's real estate market is dynamic, with properties spending an average of 37 days on the market. This vibrant community is an ideal place for families and individuals seeking a balance between rural serenity and easy access to urban amenities.
Neighborhoods
Albany is divided into several distinct neighborhoods, each with its own character and charm. North Albany is known for its close proximity to North Lake Park, offering residents beautiful views and ample outdoor activities. South Albany is a hub of community life, featuring the Albany Sports Complex, a favorite for local sports enthusiasts. Meanwhile, East Albany is celebrated for its family-friendly atmosphere and easy access to Albany Area Schools, making it a popular choice for families with children. With only 9 active listings, homes in these neighborhoods are in demand, emphasizing the appeal of Albany's diverse residential areas.
Schools & Education
Education is a cornerstone of the Albany community, served by the Albany Area Schools (ISD 745). The district includes Albany Senior High School and Albany Elementary School, both of which are known for their commitment to academic excellence and comprehensive extracurricular programs. The recent expansion of school facilities underscores the community's dedication to providing a nurturing and enriching environment for students. Families moving to Albany can be assured of quality education opportunities for their children.
Parks & Recreation
Albany boasts a variety of parks and recreational spaces that cater to outdoor enthusiasts and families alike. North Lake Park is a local favorite, offering serene lakeside views and walking trails. Albany Lions Park provides a perfect spot for picnics and community gatherings, while the Albany Sports Complex is a hub for athletic events and activities. For those seeking a peaceful retreat, Riverfront Park offers scenic views and a tranquil atmosphere. These parks contribute to Albany's reputation as a haven for outdoor recreation.
Local Events
Community spirit is alive and well in Albany, as evidenced by its annual events and festivals. The Albany Heritage Day celebrates the city's rich history with parades, music, and cultural displays. The Albany Fall Festival is a beloved tradition, featuring seasonal activities that bring residents together. In the summer, the Albany Community Picnic offers a chance for neighbors to connect and enjoy local food and entertainment. These events highlight the tight-knit community and vibrant cultural life in Albany.
Real Estate Market
The real estate market in Albany is both robust and competitive. With a median home price of $274,950 and properties typically spending 37 days on the market, buyers need to act quickly. The market has seen a 14.6% increase year-over-year, reflecting Albany's growing appeal. In the last 90 days, 6 homes have been sold, illustrating strong demand despite limited inventory. These statistics underscore Albany's status as a desirable location for homebuyers.
Commute & Location
Albany offers convenient access to the Twin Cities metro area, making it an attractive location for commuters. Situated along Interstate 94, residents enjoy a seamless drive to Minneapolis and St. Paul for work or leisure. This strategic location allows Albany residents to benefit from the amenities of a major metropolitan area while enjoying the tranquility of small-town life. Whether commuting for business or exploring the cultural offerings of the Twin Cities, Albany provides the best of both worlds.
Local Insight
As a Twin Cities real estate expert, I've noticed a growing interest in Albany due to its unique blend of community-focused living and accessibility to urban centers. The recent developments, including the New Albany Community Center and expanded school facilities, have enhanced the city's appeal. One local hidden gem is Hilltop Restaurant, a cozy eatery known for its homestyle cooking and welcoming atmosphere. This establishment, much like Albany itself, offers a warm and inviting experience that captures the essence of this thriving community.
In summary, Albany, Minnesota, is a city that embraces growth while cherishing its roots. With a dynamic real estate market, strong educational institutions, and a rich calendar of community events, Albany presents an ideal setting for those seeking a harmonious blend of rural charm and urban convenience.
Frequently Asked Questions
What is the median home price in Albany, MN?
The current median home price in Albany is $274,950. This represents a 14.6% change from last year. Albany offers a range of housing options across its neighborhoods including North Albany, South Albany, East Albany.
What schools serve Albany residents?
Albany is served by Albany Area Schools (ISD 745), with Albany Senior High School as the main high school. Elementary options include Albany Elementary School. The district is known for its strong academic programs and community involvement.
How long does it take to commute from Albany to Minneapolis or St. Paul?
From Albany, typical commute times are: 1 hour 18 mins to Downtown Minneapolis (85.7 mi), 1 hour 24 mins to Downtown St. Paul (95.1 mi). Other key destinations include 1 hour 27 mins to Mall of America, 1 hour 29 mins to Minneapolis Airport. These times are based on typical traffic conditions and provide excellent access to the Twin Cities metro area.
How long do homes typically stay on the market in Albany?
Homes in Albany typically sell within 37 days. With 9 active listings and 6 homes sold in the past 90 days, it's a dynamic market that rewards prepared buyers.