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 27 days.
- Hot homescan sell for about 1% above list price and go pending in around 6 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 13 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
- $426,000 Last Sold Price3 beds2 baths1,705 sq ft3605 Mason Trl, New Albany, IN 47150List Price$429,000Sale to List1% under listDays on Market42 days3605 Mason Trl, New Albany, IN 47150
- $139,900 Last Sold Price2 beds1 bath969 sq ft2243 Charlestown Rd, New Albany, IN 47150List Price$139,900Sale to List0% over listDays on Market32 days2243 Charlestown Rd, New Albany, IN 47150
- $345,000 Last Sold Price4 beds3 baths2,576 sq ft1127 Carriage Ln, New Albany, IN 47150List Price$345,000Sale to List0% over listDays on Market34 days1127 Carriage Ln, New Albany, IN 47150
- $165,000 Last Sold Price2 beds1 bath1,056 sq ft519 W Market St, New Albany, IN 47150List Price$165,000Sale to List0% over listDays on Market76 days519 W Market St, New Albany, IN 47150
- $130,000 Last Sold Price2 beds1 bath1,260 sq ft1500 Charlestown Rd, New Albany, IN 47150List Price$149,900Sale to List13% under listDays on Market27 days1500 Charlestown Rd, New Albany, IN 47150
- $102,100 Last Sold Price2 beds1 bath1,025 sq ft1823 Culbertson, New Albany, IN 47150List Price$95,000Sale to List7% over listDays on Market13 days1823 Culbertson, New Albany, IN 47150
- $75,500 Last Sold Price3 beds1 bath1,196 sq ft229 Cherry St, New Albany, IN 47150List Price$89,900Sale to List16% under listDays on Market88 days229 Cherry St, New Albany, IN 47150
- $440,000 Last Sold Price3 beds2.5 baths3,270 sq ft1803 Oak Grove Dr, New Albany, IN 47150List Price$444,900Sale to List1% under listDays on Market81 days1803 Oak Grove 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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