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City / Town Overview

New Albany, IN

Aggregate real estate market report across all ZIPs in scope
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The New Albany, IN real estate market currently shows 250 active listings, with 83 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice.

Homes are selling faster, averaging 38 days on market compared to 41 days last year.

The median listing price has fallen 0.4% year-over-year, from $257,075 to $256,150.

Whether you are buying or selling in New Albany, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 49,722  ·  Density: 426.6/mi²  ·  Median household income: $61,558

Typical home value: $176,841  ·  Homeownership: 64%

Included Areas

New Albany: 47150, 47151

Area Map

Market Overview

Active Listings
250
⇧ 19.6% vs 209 last year
Pending
83
33% pending ratio
Median Price
$256,150
⇩ 0.4% vs $257,075 last year
Average Price
$287,588
⇩ 2.5% vs $294,973 last year
Days on Market
38
⇩ 7.3% vs 41 days last year

Price Per Square Foot

Median $/sqft
$161
⇩ 6.4% vs $172/sqft last year
Median Home Size
1,553 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %