Market Overview
Home Prices in Alden, MN
The median home value in Alden, MN is $164,955 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.5% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Alden are priced60% below average. Alden is part of the Albert Lea, MN metro area.
Over the past five years, Alden home values have risen by approximately39.6%, reflecting strong long-term appreciation in this market.
Price History
Alden Home Price Trend
2020
$101,545
$102K
—
2021
$118,123
$118K
+16.3%
2022
$130,013
$130K
+10.1%
2023
$142,752
$143K
+9.8%
2024
$146,578
$147K
+2.7%
2025
$149,264
$149K
+1.8%
2026
$164,955
$165K
+10.5%
City Comparison
Alden vs. National Median
🏠 Alden
$164,955
National Median
$410,000
At $164,955, homes in Alden cost 60% below the national median of $410,000. This makes Alden a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Alden?
20% Down Payment
$32,991
on $164,955
Monthly P&I
$860/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,092/mo
incl. taxes & insurance
Income Needed
$43,680
gross annual (30% rule)
10% Down Option
$16,496
+ PMI applies
Loan Amount (20% dn)
$131,964
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Alden, MN?
The median home value in Alden is $164,955 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.5% year-over-year.
How much have home prices changed in Alden?
Over the past year, home values in Alden have increased by 10.5%. Over five years, prices have risen approximately 39.6%.
How much do I need to earn to buy a home in Alden?
To comfortably afford the median home price of $164,955 with a 20% down payment ($32,991) at today's rates (6.8%), you'd need a gross annual income of approximately $43,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Alden compare to the national average home price?
The national median home value is approximately $410,000. At $164,955, homes in Alden are 60% below the national average.
What metro area is Alden part of?
Alden is part of the Albert Lea, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.