Albertville, Minnesota.
Typical home $385,586 (+0.2% in a year), asking rent $3,520 . Minneapolis-St. Paul-Bloomington, MN-WI metro.
to buy the typical home at today's mortgage rate — +$983 (+94%) since Jan 2020.
- 1 year
- Up $654 +0%
- $384,932$385,586 since Sep 2025
- 5 years
- Up $33,879 +10%
- $351,707$385,586 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Albertville$2,024
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 38 years.
Typical home values in Albertville, MN rose 0.2% over the past year — slower than the nation's +1.2%.
Living in Albertville, Wright County, Minnesota
Albertville is a city of 7,896 people in Wright County. Half its households earn more than $132,734 a year and half less, against $107,209 across Wright County; 1% of its people live below the poverty line. 88% of its homes are lived in by their owners and 12% are rented. Unemployment in Wright County was 4.5% in August 2026, and the county had 1.0% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Albertville is a small city in Wright County, Minnesota, with a population that has grown past what a town this size once held. Residents are somewhat younger than in much of the country, and incomes run well above the county's, with very few people living below the poverty line. Nearly all homes are lived in by their owners, and a four-year degree is common among adults. Winters are cold, well below freezing through January, and a good deal of snow falls over the year. Summers are warm, with July the hottest month.
Work. Many residents work in schools, hospitals and social care, in shops, in banks, insurance and property, and in the building trades. Among the largest workplaces in Albertville are St. Michael-Albertville Schools, Coborn's and Fehn Companies. Commutes are fairly long, and a fair number of residents work from home. Unemployment across Wright County is a little higher than a year ago, while the number of jobs in the county has edged up.
Things to do. For time outdoors, Beebe Lake and the St. Francis River are both a short drive away. Lake Minnetonka is a longer drive, as is the Walker Art Center, a museum in Minneapolis. Anyone willing to make that trip can also take in Saint Anthony Falls, one of the best known sights on the Mississippi.
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- 2,983households
- 45%of adults have a degree
- 1%below the poverty line
- 32 mintypical commute
- 20%work from home
What residents work in
Employed residents by industry, from the Census survey. Wright County had 49,245 jobs in 2025, 1.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 22° and lows near 4°; warmest in July, with highs near 83° and lows near 61°. About 36 inches of snow and 33 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Elk River weather station, 6 miles away (NOAA).
Largest workplaces in Albertville
- St. Michael-Albertville SchoolsSchool district766FTE
- Coborn's Albertvile174
- Fehn CompaniesExcavation contractors79
- Guardian Angels of Elk RiverAssisted-living facilities with on-site nursing facilities75
- Fraser SteelTube made from purchased iron or steel69
- Elite Distributors Insurance CompanyElectrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers66
- Scherer Bros. Lumber CoRoof trusses, wood, manufacturing66
- Mold-TechMolds, industrial, manufacturing65
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 15 workplaces with 20 or more staff, 987 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- HailRelatively moderate
- TornadoesRelatively moderate
- Winter weatherRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Albertville’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Wright County and the Minneapolis-St. Paul-Bloomington, MN-WI metro.
Albertville home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Albertville$385,586
- Minnesota$348,778
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Albertville listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Albertville31.60%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Albertville39
New listings per month
Sellers arriving at the market.
- Albertville11
Zip codes with a Albertville address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Albertville — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.