New Albany, IN
Housing market overview · Updated weekly
$217,750median sale price
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
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
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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.
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