New Albany, IN Housing Market & Real Estate

Balanced market+17.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in New Albany, IN is $217,750, up 17.7% year-over-year. Homes sell in an average of 73 days with 92 active listings. The market is currently a balanced market.

$217,750median sale price

Is New Albany a buyer's or seller's market?

Balanced market2.6 months of supply73 avg. days on market

New Albany, IN is currently a balanced market, based on 2.6 months of supply and homes selling in about 73 days. How we determine this →

Homes sold

36

Last 12 weeks

Days on market

73

Average pace

Active listings

92

2.6 months supply

Sale-to-list

97.5%

Below asking

New Albany, IN market data

Current housing market statistics for New Albany, IN
MetricValue
Median sale price$217,750
Median list price$214,950
Year-over-year price change+17.7%
Average days on market73 days
Active inventory92 listings
Months of supply2.6 months
Sale-to-list price ratio97.5%
Market conditionBalanced market

Source: Redfin · Updated weekly

The New Albany housing market is currently classified as a balanced market with a median sale price of $217,750. Prices have risen 17.7% compared to last year, with homes spending an average of 73 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in New Albany

There are currently 92 homes listed for sale in New Albany, Indiana. The median listing price is $215K. Featured listings range from $154,900 to $450,000.

2 bedroom house for sale at 1102 Beeler St New Albany 47150 - $154,900
New listing
27
$154,900

1102 Beeler St

New Albany, IN 47150

2 bd1 ba752 sqft
House3,049 sqft lot
Est. $116KSold 2018 for $74K

Lopp Real Estate Brokers

More about this property
3 bedroom house for sale at 1110 State St New Albany 47150 - $159,900
New listing
39
$159,900

1110 State St

New Albany, IN 47150

3 bd2 ba1,457 sqft
House3,920 sqft lot
Est. $179KSold 2023 for $119K

RE/MAX FIRST

More about this property
3 bedroom house for sale at 3008 Linda Dr New Albany 47150 - $194,900
New listing
36
$194,900

3008 Linda Dr

New Albany, IN 47150

3 bd1 ba864 sqft
House6,970 sqft lot
Est. $210KSold 2021 for $184K

Lopp Real Estate Brokers

More about this property
2 bedroom house for sale at 115 Spickert Knob Rd New Albany 47150 - $204,900
New listing
44
$204,900

115 Spickert Knob Rd

New Albany, IN 47150

2 bd1 ba850 sqft
House34,412 sqft lot
Est. $185KSold 2023 for $190K

Lopp Real Estate Brokers

More about this property
3 bedroom house for sale at 1825 Conservative St New Albany 47150 - $214,900
New listing
29
$214,900

1825 Conservative St

New Albany, IN 47150

3 bd2 ba1,248 sqft
House4,400 sqft lot
Est. $216KSold 2023 for $182K

Schuler Bauer Real Estate Services ERA Powered (N

More about this property
3 bedroom house for sale at 2420 Stover Dr New Albany 47150 - $237,900
New listing
17
$237,900

2420 Stover Dr

New Albany, IN 47150

3 bd2 ba1,324 sqft
House11,761 sqft lot
Est. $245KSold 2022 for $320K

Schuler Bauer Real Estate Services ERA Powered (N

More about this property
4 bedroom house for sale at 1103 Carriage Ln New Albany 47150 - $315,000
New listing
45
$315,000

1103 Carriage Ln

New Albany, IN 47150

4 bd4 ba2,703 sqft
House14,462 sqft lot
Est. $348KSold 2009 for $139K

Lopp Real Estate Brokers

More about this property
2 bedroom house for sale at 3620 Greenfield Dr New Albany 47150 - $319,900
New listing
50
$319,900

3620 Greenfield Dr

New Albany, IN 47150

2 bd3 ba1,883 sqft
House9,757 sqft lot
Est. $330K

Green Tree Real Estate Services

More about this property
4 bedroom house for sale at 3015 Creek Ridge Dr New Albany 47150 - $365,000
New listing
48
$365,000

3015 Creek Ridge Dr

New Albany, IN 47150

4 bd3 ba3,014 sqft
House9,801 sqft lot
Est. $223KSold 2026 for $280K

simpler.realestate

More about this property
4 bedroom house for sale at 3143 Hibiscus Ct New Albany 47150 - $410,000
New listing
57
$410,000

3143 Hibiscus Ct

New Albany, IN 47150

4 bd3 ba3,174 sqft
House17,598 sqft lot
Est. $445KSold 2021 for $311K

eXp Realty, LLC

More about this property
5 bedroom house for sale at 3510 Alexis Dr New Albany 47150 - $419,900
59
$419,900

3510 Alexis Dr

New Albany, IN 47150

5 bd3 ba2,686 sqft
House6,882 sqft lot
Est. $388KSold 2024 for $375K

simpler.realestate

More about this property
4 bedroom house for sale at 714 Mure De Ronce Dr New Albany 47150 - $450,000
New listing
53
$450,000

714 Mure De Ronce Dr

New Albany, IN 47150

4 bd3 ba3,256 sqft
House12,676 sqft lot
Est. $385KSold 2023 for $391K

eXp Realty, LLC

More about this property

Looking to buy in New Albany?

Get connected with a local real estate expert — free, no obligation.

Active listings

92

Homes on market

Median list price

$215K

Avg. days on market

73

Days until sale

New this week

40

Newly listed

Price drops:27.2%of listings
Sale-to-list:97.5%

Top public schools in New Albany

12 schools tracked · 6,525 students

The largest public schools serving New Albany, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

New Albany Senior High School

Grades 9-12 · 1,814 students

Public

Nathaniel Scribner Middle School

Grades 5-8 · 898 students

Public

Hazelwood Middle School

Grades 5-8 · 810 students

Public

Mount Tabor Elementary School

Grades PK-4 · 611 students

Public

Grant Line Elementary School

Grades PK-4 · 516 students

Public

Community Montessori

Grades PK-12 · 486 students

Charter

Green Valley Elementary School

Grades PK-4 · 419 students

Public

Slate Run Elementary School

Grades PK-4 · 405 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in IN

Frequently asked questions

What is the average home price in New Albany?

The median home sale price in New Albany is $217,750, up 17.7% from last year.

How long do homes stay on market in New Albany?

Homes typically spend 73 days on market before going under contract.

Is New Albany a buyer's or seller's market?

With 2.6 months of supply, New Albany is currently a balanced market.

How many homes are for sale in New Albany?

There are currently 92 homes listed for sale in New Albany, IN.

Pre-launch · for real estate professionals

Reserve a slot on this page

Get your brokerage in front of buyers actively shopping this city on the New Albany, IN market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.

$100 / month

Reserve slot

Get New Albany market alerts

Weekly updates on prices, inventory, and trends. Free forever.