New Albany, IN Home Values & Market Trends
Real estate market trends reflect that there have been 1,631 transactions over the past year in New Albany. The median value for residential home transactions that occurred over the previous year is $215,085.98. The number of current listings in New Albany is 121, and the percentage of properties for sale in the city is 121.00%. New Albany, IN currently has 12 properties in foreclosure, 2 bank owned properties, 10 properties headed for auction, and 121 properties for sale.
New Albany, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 47150 | $ 229,763 $ 137/sqft |
Housing Market Summary for New Albany, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $230K | $213.1K | -7.33% |
| Median Sold Price | $192.3K | $213.1K | 10.83% |
| Homes For Sale | 99 | 108 | 9.09% |
| Homes Sold | 504 | 438 | -13.10% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Albany, IN
Browse Homes in New Albany, IN
New Albany home values range from $19,968 to $4,294,660. The median estimated value of a home in New Albany is $215,085.98. The median list price of a home is 219,900, and the total count of properties in the city is 16,315.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in New Albany, IN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Albany, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Albany, IN ranges from the highest value of $159,000 in 47150 to the lowest value of $64,900 in 47150. Bank owned homes and properties account for 0.01% of properties in New Albany, IN. There is 1 zips within New Albany, IN; 47150 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions47150 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of New Albany, IN. Auction homes and other auction properties account for 0.06% of all properties in New Albany, IN. There is 1 zips within New Albany, IN; of that zips, the median estimated home value for homes going to auction ranges from $358,500 in 47150 to the lowest value of $124,338 in 47150.
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More Real Estate Resources for New Albany, IN
Guide for New Albany, IN
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