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Sarah Mitchell

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Compass Real Estate · New Albion, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

New Albion, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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New Albion, NY Housing Market

Balanced market
Redfin, through April 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The last median sale price Redfin published was $126,000 (through May 2026). With 1.7 months of supply and homes going under contract in about 89 days, New Albion is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $126,000 home is about $648/mo in principal and interest.

Key numbers for New Albion, NY

Median sale price

$126,000

Last published period

Redfin, through April 2026

Days on market

89

Slow-moving

Redfin, through April 2026

Active listings

5

1.7 months of supply

Redfin, through April 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Sale-to-list ratio

90.3%

Selling below asking

Redfin, through April 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

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

Balanced market1.7 months of supply89 days on market90.3% of asking

New Albion, NY is a balanced market, based on 1.7 months of supply and homes selling in about 89 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the New Albion housing market data show?

Every row below is Redfin's final published month for New Albion, NY. Redfin, through April 2026

Housing market statistics for New Albion, NY, Redfin through May 2026
MetricValue
Median sale price$126,000
Median list price$188,900
Median price per sq ft$70/sq ft
Median days on market89 days
Active inventory5 listings
Months of supply1.7 months
Sale-to-list price ratio90.3%
Homes sold (that month)3
New listings (that month)1
Listings with a price cut80.0%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for New Albion is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in New Albion is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have New Albion home prices moved?

Over the last three years the median sale price in New Albion, NY rose 0.8%, from $125,000 to $126,000. 80.0% of New Albion listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.7 months while the sale-to-list ratio slips below its current 90.3%. Watch those two together — they move before the median does.

Redfin, through April 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in New Albion?

Priced off the median sale price of $126,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in New Albion, NY
Down paymentCash at closeLoan amountMonthly P&I
20%$25,200$100,800$648/mo
5%$6,300$119,700$769/mo

Redfin, through April 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $648, that implies roughly $27,761 a year before you add taxes and insurance. We do not hold a Census income figure for New Albion, so we cannot compare that threshold to local earnings.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in New Albion in the next 12 months?

Tell us your timeline. We send the New Albion market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in New Albion?

Zillow does not publish a rent index (ZORI) for New Albion, NY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in New Albion?

Active listings in New Albion, NY went from 4 in June 2024 to 5 in April 2026, a +25.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in New Albion, NY
MonthActive listingsNew listings
July 202431
September 202433
October 202431
November 20242not published
January 20252not published
March 202531
September 202582
November 202592
December 202562
February 202631
March 202675
April 202651

Redfin, through April 2026

How does New Albion compare to New York and the U.S.?

New Albion homes sell for $126,00080% below the New York median of $620,500. Against the national median of $410,700, New Albion runs 69% lower.

New Albion, NY compared with New York and the United States
MarketMedian sale priceYoYDays on market
New Albion, NY$126,000not published89 days
New York statewide$620,500+5.1%42 days
United States$410,700not publishednot published

City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in New Albion

What buyers should watch

  • Months of supply, currently 1.7. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 80.0%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $121 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $126,000 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median New Albion listing goes under contract in 89 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 90.3% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month New Albion added 1 new listings against 3 sales — more clearing than arriving, which is the better window to list.
  • Comparable ZIP-level pricing inside New Albion varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in New Albion

There are currently 5 homes listed for sale in New Albion, New York. The median listing price is $189K.

Active listings

5

Homes on market

Median list price

$189K

Avg. days on market

89

Days until sale

New this week

1

Newly listed

Price drops:80.0%of listings
Sale-to-list:90.3%

How much do homes cost in New Albion by property type?

How the New Albion, NY market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026

Median price, price per square foot, homes sold and days on market by property type in New Albion, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$126,000$70/sq ft389 days

Which cities are near New Albion, NY?

Ordered by distance from New Albion, not by size. Compare New Albion side by side with any of them.

New Albion housing market FAQ

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

New Albion, NY is currently a balanced market. That read comes from 1.7 months of supply, homes going under contract in about 89 days, and sellers getting 90.3% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in New Albion?

The median sale price in the last month Redfin published was $126,000, about $70 per square foot.

Is New Albion cheaper than the rest of New York?

New Albion's median sale price of $126,000 is 80% lower than the New York statewide median of $620,500, and 69% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in New Albion?

Homes in New Albion, NY spent a median of 89 days on market before going under contract, versus 42 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in New Albion?

At the current 30-year fixed rate of 6.66%, 20% down on a $126,000 home is about $648 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $27,761 a year before taxes, insurance, HOA dues or mortgage insurance.

Are home prices rising in New Albion?

We do not hold a complete 12-month value series for New Albion, NY yet, so we are not going to call a direction. The price chart above shows every period we do have.

What are the cheapest ZIP codes in New Albion?

New Albion ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in New Albion?

That depends on your timeline, not on a headline. What the data says today: New Albion, NY is a balanced market with 1.7 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $126,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.