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Featured local agent — New Albany, PA
Sarah Mitchell
Compass Real Estate · New Albany, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Albany, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$35,000median sale price
How is the New Albany, PA housing market right now?
The median home sale price in New Albany, PA is $35,000, down 7.9% year-over-year. Homes sell in an average of 69 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Albany a buyer's or seller's market?
New Albany, PA is currently a balanced market, based on 2.0 months of supply and homes selling in about 69 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
69
Average pace
Active listings
2
2.0 months supply
Sale-to-list
74.5%
Below asking
What does the New Albany housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $35,000 |
| Year-over-year price change | -7.9% |
| Average days on market | 69 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 74.5% |
| Median price per sq ft | $21/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in New Albany by property type?
How the New Albany, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $35,000 | $21/sq ft | 1 | 69 days |
Source: Redfin · Updated monthly
The New Albany housing market is currently classified as a balanced market with a median sale price of $35,000. Prices have fallen 7.9% compared to last year, with homes spending an average of 69 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in New Albany
There are currently 2 homes listed for sale in New Albany, Pennsylvania.
Active listings
2
Homes on market
Avg. days on market
69
Days until sale
Who lives in New Albany?
Population
318
Median income
$72,750/yr
Median age
28.3 years
Owner-occupied
56.1%
College grads
7.0%
Avg commute
27.4 min
Source: U.S. Census Bureau ACS
What are homes worth in New Albany?
Zillow home value
$216,575
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in New Albany?
New Albany is a community of approximately 0K residents with a median age of 28.3 years.The median household income is $72,750, which represents a working-class community with solid middle-income opportunities. 7.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 56.1%, showing a blend of owner and renter-occupied properties. The average commute time is 27.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Albany offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near New Albany, PA?
Want a head-to-head view? Compare New Albany side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Albany?
The median home sale price in New Albany is $35,000, down 7.9% from last year.
How long do homes stay on market in New Albany?
Homes typically spend 69 days on market before going under contract.
What is the median income in New Albany?
The median household income is $72,750 per year.
Is New Albany a buyer's or seller's market?
With 2.0 months of supply, New Albany is currently a balanced market.
What is the Zillow home value estimate for New Albany?
The Zillow Home Value Index (ZHVI) for New Albany is $216,575, representing the typical home value in the area.
How much does a single-family home cost in New Albany?
The median single-family home price in New Albany, PA is $35,000 (about $21 per square foot).
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