New Albany, IN Housing Market
The New Albany housing market is very competitive. Homes in New Albany receive 2 offers on average and sell in around 10 days. The median sale price of a home in New Albany was $185K last month, down 0.27% since last year. The median sale price per square foot in New Albany is $153, up 13.8% since last year.
New Albany Housing Market Trends
In April 2024, New Albany home prices were down 0.27% compared to last year, selling for a median price of $185K. On average, homes in New Albany sell after 10 days on the market compared to 11 days last year. There were 34 homes sold in April this year, down from 44 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the New Albany housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% below list price and go pending in around 9 days.
- Hot homescan sell for about 1% above list price and go pending in around 2 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 25 days.
- Hot homescan sell for about 1% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 9 days.
- Hot homescan sell for about 1% above list price and go pending in around 3 days.
New Albany Migration & Relocation Trends
- Across the nation, 0.24% of homebuyers searched to move into New Albany from outside metros.
- Houston homebuyers searched to move into New Albany more than any other metro followed by Los Angeles and Dallas.
- 75% of New Albany homebuyers searched to stay within the New Albany metropolitan area.
- Lexington was the most popular destination among New Albany homebuyers followed by Cincinnati and Orlando.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 143 | ||
2 | 125 | ||
3 | 104 | ||
4 | 100 | ||
5 | 99 | ||
6 | 90 | ||
7 | 55 | ||
8 | 38 | ||
9 | 33 | ||
10 | 31 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 159 | ||
2 | 46 | ||
3 | 44 | ||
4 | 44 | ||
5 | 36 | ||
6 | 29 | ||
7 | 24 | ||
8 | 23 | ||
9 | 20 | ||
10 | 19 |
View houses in New Albany that sold recently
Recently sold homes
- $220,000 Last Sold Price3 beds1 bath1,453 sq ft1619 Ekin Ave, New Albany, IN 47150List Price$215,000Sale to List2% over listDays on Market56 days1619 Ekin Ave, New Albany, IN 47150
- $263,000 Last Sold Price2 beds2 baths1,670 sq ft3003 Barrington Ct, New Albany, IN 47150List Price$252,900Sale to List4% over listDays on Market71 days3003 Barrington Ct, New Albany, IN 47150
- $300,010 Last Sold Price3 beds1 bath2,205 sq ft503 Tomahawk Ln, New Albany, IN 47150List Price$284,500Sale to List5% over listDays on Market28 days503 Tomahawk Ln, New Albany, IN 47150
- $137,000 Last Sold Price2 beds1 bath1,216 sq ft1804 E Spring St, New Albany, IN 47150List Price$139,900Sale to List2% under listDays on Market50 days1804 E Spring St, New Albany, IN 47150
- $259,900 Last Sold Price3 beds2 baths1,575 sq ft3034 Barrington Ct, New Albany, IN 47150List Price$259,900Sale to List0% over listDays on Market30 days3034 Barrington Ct, New Albany, IN 47150
- $350,000 Last Sold Price4 beds2.5 baths2,825 sq ft1112 Creekview Cir, New Albany, IN 47150List Price$350,000Sale to List0% over listDays on Market24 days1112 Creekview Cir, New Albany, IN 47150
- $318,000 Last Sold Price3 beds2 baths2,040 sq ft1702 Depauw Ave, New Albany, IN 47150List Price$325,000Sale to List2% under listDays on Market49 days1702 Depauw Ave, New Albany, IN 47150
- $217,000 Last Sold Price3 beds1 bath2,856 sq ft2503 Elliott Ave, New Albany, IN 47150List Price$215,000Sale to List1% over listDays on Market80 days2503 Elliott Ave, New Albany, IN 47150
See all recently sold homes in New Albany.
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Schools in New Albany
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Grant Line School Public • K-4 | 513 Students | 10 reviews |
7/10 Slate Run Elementary School Public • K-4 | 350 Students | 7 reviews |
6/10 S Ellen Jones Elementary School Public • PreK-4 | 226 Students | 4 reviews |
5/10 Fairmont Elementary School Public • K-4 | 334 Students | 7 reviews |
4/10 Green Valley Elementary School Public • PreK-4 | 394 Students | 3 reviews |
Climate's impact on New Albany housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in New Albany.
Flood Factor - Severe
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in New Albany
Walk Score®
Bike Score®
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