New Albany, IN Housing Market
The New Albany housing market is very competitive. 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 2% 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
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 29 days.
- Hot homescan sell for about 1% above list price and go pending in around 7 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 2% below list price and go pending in around 16 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
- $175,000 Last Sold Price2 beds1 bath1,120 sq ft2412 Charlestown Rd, New Albany, IN 47150List Price$170,000Sale to List3% over listDays on Market51 days2412 Charlestown Rd, New Albany, IN 47150
- $430,000 Last Sold Price5 beds4 baths3,592 sq ft2804 Sandalwood Dr, New Albany, IN 47150List Price$435,000Sale to List1% under listDays on Market42 days2804 Sandalwood Dr, New Albany, IN 47150
- $92,000 Last Sold Price2 beds1 bath800 sq ft517 Jay St, New Albany, IN 47150List Price$125,000Sale to List26% under listDays on Market25 days517 Jay St, New Albany, IN 47150
- $325,000 Last Sold Price3 beds2 baths2,320 sq ft1141 Carriage Ln, New Albany, IN 47150List Price$326,000Sale to List0% under listDays on Market63 days1141 Carriage Ln, New Albany, IN 47150
- $200,000 Last Sold Price2 beds1 bath900 sq ft2034 Mcdonald Ave, New Albany, IN 47150List Price$199,000Sale to List1% over listDays on Market26 days2034 Mcdonald Ave, New Albany, IN 47150
- $223,500 Last Sold Price3 beds1 bath1,080 sq ft2404 Ross Dr, New Albany, IN 47150List Price$214,900Sale to List4% over listDays on Market35 days2404 Ross Dr, New Albany, IN 47150
- $247,500 Last Sold Price3 beds2 baths1,360 sq ft3864 Wayne St, New Albany, IN 47150List Price$247,500Sale to List0% over listDays on Market61 days3864 Wayne St, New Albany, IN 47150
- $294,500 Last Sold Price3 beds2 baths1,756 sq ft3404 Lancaster Dr, New Albany, IN 47150List Price$288,000Sale to List2% over listDays on Market30 days3404 Lancaster Dr, 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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