Photo: Mikehallna · CC BY-SA 4.0674 homes sold in New Albany Township in the last year, at a typical $251K
Redfin reports New Albany Township’s sales by ZIP code, so these figures are for ZIP 47150, which takes in New Albany Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New Albany Township homes are listed.
Every place New Albany Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New Albany Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
3% of New Albany Township’s sales are condos, at $14K less than a house
674 houses and 18 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.
typical sale · 674 sold in the year to May 2026
- Per square foot
- $155IN $148
- Days to sell
- 57
- Sold over asking
- 22%
typical sale · 18 sold in the year to May 2026
- Per square foot
- $162IN $160
- Days to sell
- 54
- Sold over asking
- 13%
About as many homes sell as usual, at twice the 2016 price
674 sales in the last year, against 832 in 2021 and a low of 492 in 2012. The typical sale went from $121K in 2016 to $251K.
Source: Redfin Data Center, MLS sales; for ZIP 47150, which takes in New Albany Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $250K buys in New Albany Township
Check a listing against what New Albany Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in New Albany Township are back to pre-pandemic levels, and more homes are for sale
We read every month of home sales in ZIP 47150 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 674 sales.
If you’re buying in New Albany Township
- Shop in April. It brings about 62 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
- Offer under asking. Buyers paid 97.9% of the list price on average; 18% paid over.
- You’ll usually have time. Only 2% of homes go under contract within two weeks; the typical one takes 61 days.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 77 a month), but August is the most competitive: 29% of August sales close over asking. April and May offer nearly as much choice with fewer homes bid up (23%). February has the least competition (18%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Indiana as a whole
| New Albany Township now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 18% | 22% | 41% | 17% |
| Gone within two weeksShare of homes under contract within 14 days | 2% | 3% | 39% | 35% |
| Price paid vs. askingAverage sale price ÷ list price | 97.9% | 97.9% | 99.6% | 97.5% |
| Days to sellMedian days from listing to contract | 61 | 53 | 31 | 38 |
188 homes for sale on a typical day
That’s 2.5 times the 2022 low (75) and 36% more than in 2017–19.
Since 2019, houses are up 67%, condos 78%
A house typically sold for $245K in the year to May 2026 (674 sales), a condo for $231K (18).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 47150, which takes in New Albany Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical New Albany Township home costs about $1,463 a month
Price: New Albany Township’s typical sale, last 12 months. Property tax at New Albany Township’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether New Albany Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. February has the fewest, about 49.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $251K home, about $1,840 a year.
Taxes vs. neighborsSchools
The schools grade for New Albany Township, from test results, graduation and how much students grow.
Schools in New Albany TownshipTypical commute
The average one-way trip to work for people who live in New Albany Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Clarksville and Shively sell for less a square foot
The busier markets within 25 miles of New Albany Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Jeffersonville | 868 | $263K | $171 | 15% | 64 |
| New Albany Township (ZIP 47150) | 674 | $251K | $153 | 18% | 61 |
| New Albany | 479 | $231K | $150 | 19% | 60 |
| Clarksville | 260 | $229K | $146 | 17% | 58 |
| Shively | 168 | $204K | $135 | 34% | 37 |
| Sellersburg | 121 | $283K | $154 | 19% | 78 |
| Georgetown | 54 | $314K | $153 | 16% | 51 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to New Albany Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Albany Township. People who follow the town see it, and so do people comparing New Albany Township with their own town. No commission, no listing fee.
Questions about buying a home in New Albany Township
What do homes sell for in New Albany Township, IN?
674 homes sold in the year to September 2026 at a typical $251K, $153 a square foot. Houses sold for about $245K, condos for about $231K in the year to May 2026.
Is New Albany Township a buyer’s or seller’s market?
A seller’s market: 209 homes were for sale in September 2026 and 57 sold, about 3.6 months of supply. Buyers paid 97.9% of asking on average.
When is the best time to buy in New Albany Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in New Albany Township?
About 0.7% of a home’s value a year. On a $251K home that’s near $1,840.
Where can I see homes for sale in New Albany Township?
Zillow, Redfin, Realtor.com and Homes.com all carry New Albany Township’s MLS listings; the search links above open each one filtered to New Albany Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 47150, which takes in New Albany Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).