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Housing in New Albany

479 homes sold in New Albany in the last year, at a typical $231K

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 homes are listed.

Homes sold
479
October 2025 to September 2026
Typical sale price
$231K
houses $223K · condos $220K (year to May 2026)
Price per square foot
$150
Indiana $149
Paid vs. asking
97.8%
19% sold over asking
For sale now
167
September 2026 · 41 sold that month
What sold · last 12 months

3% of New Albany’s sales are condos, at $3K less than a house

489 houses and 18 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$223K

typical sale · 489 sold in the year to May 2026

Per square foot
$150IN $148
Days to sell
56
Sold over asking
22%
Listings with a price cut
27%
Condos$220K

typical sale · 18 sold in the year to May 2026

Per square foot
$166IN $160
Days to sell
60
Sold over asking
11%
Listings with a price cut
32%
Fewer sales

Townhouses: 8 sold, typical $220K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.2 times the 2016 price

479 sales in the last year, against 614 in 2021 and a low of 423 in 2012. The typical sale went from $106K in 2016 to $231K.

Homes soldTypical sale price
0162325487650$75K$150K$225K$300K2012: 423 sold, typical $81K’122013: 459 sold, typical $82K2014: 502 sold, typical $90K’142015: 521 sold, typical $97K2016: 556 sold, typical $106K’162017: 561 sold, typical $115K2018: 592 sold, typical $121K’182019: 566 sold, typical $133K2020: 594 sold, typical $151K’202021: 614 sold, typical $169K2022: 588 sold, typical $177K’222023: 516 sold, typical $194K2024: 475 sold, typical $206K’242025: 538 sold, typical $221KLast 12 months: 479 sold, typical $231KNow

Source: Redfin Data Center, MLS sales; from June 2026 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 your budget buys

What $250K buys in New Albany

Houseat $150 a sq ft, year to May 2026
Condoat $166 a sq ft, year to May 2026
The same money in Indianaat $148 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what New Albany 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.

What the sales history says · 14 years of sales

Bidding wars in New Albany are back to pre-pandemic levels, and more homes are for sale

We read every month of New Albany’s home sales 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, 479 sales.

If you’re buying in New Albany

  • Shop in September. It brings about 54 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
  • Offer under asking. Buyers paid 97.8% of the list price on average; 19% paid over.
  • You’ll usually have time. Only 2% of homes go under contract within two weeks; the typical one takes 60 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 61 a month), and the most competition: 31% close over asking. September and October offer nearly as much choice with fewer homes bid up (22%). February has the least competition (18%).

New listings a monthShare sold over asking
016.332.548.86513%27%40%Sweet spotJan: 43 new listings a month, 20% sold over asking, 55 days to sellJFeb: 40 new listings a month, 18% sold over asking, 53 days to sellFMar: 50 new listings a month, 23% sold over asking, 48 days to sellMApr: 52 new listings a month, 28% sold over asking, 38 days to sellAMay: 57 new listings a month, 30% sold over asking, 44 days to sellMJun: 61 new listings a month, 31% sold over asking, 45 days to sellJJul: 58 new listings a month, 27% sold over asking, 42 days to sellJAug: 58 new listings a month, 29% sold over asking, 42 days to sellASep: 54 new listings a month, 22% sold over asking, 39 days to sellSOct: 52 new listings a month, 26% sold over asking, 41 days to sellONov: 41 new listings a month, 25% sold over asking, 43 days to sellNDec: 29 new listings a month, 19% sold over asking, 43 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Indiana as a whole

New Albany now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price19%23%38%17%
Gone within two weeksShare of homes under contract within 14 days2%2%40%35%
Price paid vs. askingAverage sale price ÷ list price97.8%97.7%99.4%97.5%
Days to sellMedian days from listing to contract60532838
Supply

144 homes for sale on a typical day

That’s 2.8 times the 2023 low (52) and 33% more than in 2017–19.

2012: 142 for sale’122013: 141 for sale2014: 137 for sale2015: 146 for sale’152016: 138 for sale2017: 116 for sale2018: 110 for sale’182019: 97 for sale2020: 99 for sale2021: 72 for sale’212022: 55 for sale2023: 52 for sale2024: 79 for sale’242025: 126 for saleLast 12 months: 144 for saleNow
Prices by type

Since 2019, houses are up 68%, condos 64%

A house typically sold for $223K in the year to May 2026 (489 sales), a condo for $220K (18).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $84K, 435 salesHouses 2014: $90K, 480 salesHouses 2015: $95K, 494 salesHouses 2016: $105K, 521 salesHouses 2017: $115K, 537 salesHouses 2018: $120K, 564 salesHouses 2019: $133K, 546 salesHouses 2020: $151K, 581 salesHouses 2021: $169K, 601 salesHouses 2022: $178K, 560 salesHouses 2023: $195K, 492 salesHouses 2024: $206K, 449 salesHouses 2025: $218K, 507 salesHouses last 12 months: $223K, 489 salesHouses $223KCondos 2013: $100K, 11 salesCondos 2014: $133K, 13 salesCondos 2015: $152K, 18 salesCondos 2016: $136K, 16 salesCondos 2017: $140K, 21 salesCondos 2018: $145K, 27 salesCondos 2019: $134K, 20 salesCondos 2020: $147K, 12 salesCondos 2021: $157K, 13 salesCondos 2022: $132K, 21 salesCondos 2023: $197K, 11 salesCondos 2024: $216K, 17 salesCondos 2025: $219K, 22 salesCondos last 12 months: $220K, 18 salesCondos $220K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Indiana

New Albany ranks 58th of 146 busy Indiana markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. New Albany is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical New Albany home costs about $1,356 a month

Mortgage
Property tax
Insurance
Rent

Price: New Albany’s typical sale, last 12 months. Property tax at New Albany’s 0.8% (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 is affordable on local pay is on Cost of living.

Before you buy in New Albany

Six things worth knowing

61

New listings in June

The month with the most choice. December has the fewest, about 29.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $231K home, about $1,810 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for New Albany, from test results, graduation and how much students grow.

Schools in New Albany
20 min

Typical commute

The average one-way trip to work for people who live in New Albany.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Shively sells for less a square foot; Indian Hills for far more

The busier markets within 25 miles of New Albany, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Jeffersonville868$263K$17115%64
New Albany479$231K$15019%60
Clarksville260$229K$14617%58
Shively168$204K$13534%37
Sellersburg121$283K$15419%78
Indian Hills58$746K$20330%49
Georgetown54$314K$15316%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.

Selling, or renting out?

Post your home to New Albany, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Albany. People who follow the town see it, and so do people comparing New Albany with their own town. No commission, no listing fee.

Questions about buying a home in New Albany

What do homes sell for in New Albany, IN?

479 homes sold in the year to September 2026 at a typical $231K, $150 a square foot. Houses sold for about $223K, condos for about $220K in the year to May 2026.

Is New Albany a buyer’s or seller’s market?

A balanced market: 167 homes were for sale in September 2026 and 41 sold, about 4.1 months of supply. Buyers paid 97.8% of asking on average.

When is the best time to buy in New Albany?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in New Albany?

About 0.8% of a home’s value a year. On a $231K home that’s near $1,810.

Where can I see homes for sale in New Albany?

Zillow, Redfin, Realtor.com and Homes.com all carry New Albany’s MLS listings; the search links above open each one filtered to New Albany.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 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).