New Albany, IN Home Values & Market Trends
Real estate market trends reflect that there have been 822 transactions over the past year in New Albany. The median value for residential home transactions that occurred over the previous year is $247,900. The number of current listings in New Albany is 742, and the percentage of properties for sale in the city is 742.00%. New Albany, IN currently has 24 properties in foreclosure, 3 bank owned properties, 14 properties headed for auction, and 742 properties for sale.
New Albany, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 47150 | $ 247,900 $ 178/sqft |
Housing Market Summary for New Albany, IN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $234.9K | $245K | 4.30% |
| Median Sold Price | $233.9K | $223K | -4.70% |
| Homes For Sale | 476 | 729 | 53.15% |
| Homes Sold | 414 | 215 | -48.07% |
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 $45,000 to $869,237. The median estimated value of a home in New Albany is $247,900. The median list price of a home is 242,900, and the total count of properties in the city is 996.
- Pre-ForeclosurePre-foreclosure homes account for 0.70% of all residential properties in New Albany, IN with 47150 containing 7 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 $384,206 in 47150 to the lowest home value of $92,233 in 47150.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Albany, IN ranges from the highest value of $220,587 in 47150 to the lowest value of $209,900 in 47150. Bank owned homes and properties account for 0.30% of properties in New Albany, IN. There is 1 zips within New Albany, IN; 47150 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions47150 has 14 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 1.41% 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 $260,352 in 47150 to the lowest value of $116,533 in 47150.
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Guide for New Albany, IN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
