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NEW ALBANY, IN 47150

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

Market Overview

Active Listings
186
⇧ 56.3% vs 119 last year
Pending
60
32% pending ratio
Median Price
$249,950
⇩ 1.4% vs $253,450 last year
Average Price
$285,545
⇧ 1.6% vs $281,058 last year
Days on Market
58
⇧ 16% vs 50 days last year

Market Context

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

Typical home value: $176,841  ·  Homeownership: 64.0%

Market Analysis

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

The NEW ALBANY, IN real estate market (47150) currently shows 186 active listings, with 60 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 67 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 50 days last year.

The median listing price has fallen 1.4% year-over-year, from $253,450 to $249,950.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 186 this year vs 119 last year
  • Days on market: 58 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $249,950 (-1.4% YoY)
  • Average: $285,545 (+1.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.6 miles — 911 listings ($281,120,429 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47150New Albany, IN 471500.0 mi186$53,111,370$249,950$285,545
40211Louisville, KY 402114.0 mi86$12,347,966$136,000$143,581
40210Louisville, KY 402105.2 mi51$6,723,024$139,000$131,824
40202Louisville, KY 402025.7 mi15$7,788,000$442,000$519,200
40208Louisville, KY 402086.6 mi38$11,828,868$184,225$311,286
47136Lanesville, IN 471367.2 mi35$14,239,505$449,900$406,843
40215Louisville, KY 402157.6 mi71$11,734,738$164,900$165,278
40217Louisville, KY 402177.8 mi54$14,430,906$267,000$267,239
47172Sellersburg, IN 471728.7 mi83$26,461,147$299,800$318,809
40209Louisville, KY 402099.1 mi3$549,000$183,000$183,000
40205Louisville, KY 4020510.0 mi74$33,325,234$350,000$450,341
40214Louisville, KY 4021410.1 mi119$32,397,631$256,000$272,249
40207Louisville, KY 4020710.6 mi96$56,183,040$472,500$585,240

Frequently Asked Questions

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

As of January 2026, there are 186 active listings in NEW ALBANY, IN (zip code 47150), compared to 119 the prior year.

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

The median listing price in NEW ALBANY, IN 47150 is $249,950 as of January 2026, a 1.4% decrease from $253,450 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 58 days on the market before going under contract, compared to 50 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 January 2026, NEW ALBANY, IN 47150 is currently a Buyer's Market. Inventory has increased compared to last year, with 67 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 50 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 $4,999 compared to a typical 5% commission on the median listing price of $249,950. 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.