Housing Prices in New Albany, IN
How much do homes in New Albany, IN cost?
Median List Price
$250,000
$157/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in New Albany has increased by 13.7% since last year.
Summary: The median home list price in New Albany was $250,000 in March 2024, up 13.7% from the previous year, and the median price per square foot was $157.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $120K | +84.6% |
| 2 Bedrooms | $247K | $164.9K | -33.2% |
| 3 Bedrooms | $192.4K | $220.9K | +14.8% |
| 4 Bedrooms | $287.9K | $309.9K | +7.6% |
| 5+ Bedrooms | $514.4K | $399.9K | -22.3% |
Summary: New Albany housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 84.6%, 2 bedroom homes decreased by 33.2%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 22.3%.
Median List Price Compared To Nearby Cities
| Louisville West | $84.8K | $98.5K | +16.2% |
| New Albany | $219.9K | $250K | +13.7% |
| Jeffersonville Township | $249.9K | $239.9K | -4.0% |
Housing Supply in New Albany, IN
How many homes are available in New Albany, IN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The New Albany real estate market had 4 homes for sale in March 2024, a 20.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Albany housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for New Albany, IN
How long does it take to sell a home in New Albany, IN?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 49 Days | -14.4% |
Summary: Homes in New Albany had an average listing age of 49 days in Mar 2024, down by 14.4% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.