Is Alden, MN 56009 a buyer’s or seller’s market?
Alden is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Alden housing market right now
In the three months ending August 31, 2026, 0% of homes in Alden, MN 56009 sold above their list price, the typical home went under contract in 212 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (175 days then) and the median sale price fell 49% to $229,901. Overall, Alden is less competitive than a year ago, which gives buyers more room.
Within Freeborn County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Glenville 56036 (50% sold over asking) and Hayward 56043 (50% sold over asking) are even more competitive.
Run the numbers for 56009
Nearby markets
Albert Lea 56007Seller’s market $131 /sq ftClarks Grove 56016Seller’s market $121 /sq ftEmmons 56029Balanced $145 /sq ftFreeborn 56032 — /sq ft Browse all markets →Towns like Alden nearby
Find towns like Alden in other states →Where Alden is
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Questions about Alden real estate
Is Alden a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Alden, MN 56009 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Alden?
The typical home went under contract in 212 days in the latest three months.
Do homes in Alden sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Alden?
About 1.11% of a home’s value a year in Freeborn County, or roughly $4,440 on a $400,000 home.
What is the median home price in Alden?
The median sale price was $229,901 in the three months ending August 31, 2026, about $108 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology