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NEW ALBANY, IN 47150

Real Estate Market Report  ·  Floyd County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The NEW ALBANY, IN real estate market (47150) currently shows 197 active listings, with 88 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 85 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 48 days on market compared to 46 days last year.

The median listing price has fallen 4.2% year-over-year, from $262,000 to $250,925.

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: 64.0%

Market Overview

Active Listings
197
⇧ 75.9% vs 112 last year
Pending
88
45% pending ratio
Median Price
$250,925
⇩ 4.2% vs $262,000 last year
Average Price
$287,433
⇧ 1.4% vs $283,362 last year
Days on Market
48
⇧ 4.3% vs 46 days last year

Price Per Square Foot

Median $/sqft
$171
⇩ 0.6% vs $172/sqft last year
Median Home Size
1,558 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 197 this year vs 112 last year
  • Days on market: 48 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $250,925 (-4.2% YoY)
  • Average: $287,433 (+1.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.6 miles — 935 listings ($279,553,634 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47150New Albany, IN 471500.0 mi193$53,637,402$249,900$277,914
40211Louisville, KY 402114.0 mi86$12,444,286$138,625$144,701
40210Louisville, KY 402105.2 mi62$8,024,350$133,250$129,425
40202Louisville, KY 402025.7 mi17$9,449,909$437,000$555,877
40208Louisville, KY 402086.6 mi37$8,774,402$176,400$237,146
47136Lanesville, IN 471367.2 mi37$14,984,408$444,288$404,984
40215Louisville, KY 402157.6 mi83$13,930,388$161,150$167,836
40217Louisville, KY 402177.8 mi46$12,284,576$269,875$267,056
47172Sellersburg, IN 471728.7 mi88$29,518,192$303,450$335,434
40209Louisville, KY 402099.1 mi2$281,500$140,750$140,750
40205Louisville, KY 4020510.0 mi71$30,459,000$346,250$429,000
40214Louisville, KY 4021410.1 mi126$35,674,884$266,250$283,134
40207Louisville, KY 4020710.6 mi87$50,090,337$457,500$575,751

Frequently Asked Questions

How many homes are for sale in NEW ALBANY, IN 47150?

As of March 2026, there are 197 active listings in NEW ALBANY, IN (zip code 47150), compared to 112 the prior year.

What is the median home price in NEW ALBANY, IN 47150?

The median listing price in NEW ALBANY, IN 47150 is $250,925 as of March 2026, a 4.2% decrease from $262,000 the prior year.

How long do homes stay on the market in NEW ALBANY, IN?

Homes in NEW ALBANY, IN 47150 spend an average of 48 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in NEW ALBANY, IN 47150?

Based on current inventory and days-on-market data as of March 2026, NEW ALBANY, IN 47150 is currently a Buyer's Market. Inventory has increased compared to last year, with 85 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 48 days on market compared to 46 days last year.

How much can I save on real estate commission in NEW ALBANY, IN?

With SELL123.com's maximum 3% commission, sellers in NEW ALBANY, IN 47150 save an estimated $5,019 compared to a typical 5% commission on the median listing price of $250,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.