A+
28%
Med. Home Val. NAT. AVG.
19%
Rent NAT. AVG.
10%
Owner Occ. NAT. AVG.

New Albany Housing Information

IndexNew AlbanyIndianaNational
Median home price$235,762$226,920$326,622
Median rent asked$1,174$1,145$1,444
Avg. people per household2.42.52.6
Owner occupied households57.5%68.7%63.6%
Renter occupied households42.5%31.3%36.4%

New Albany Housing Market

Monthly market trends

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Housing Quick Facts

  • The median home price in New Albany is 28% lower than the national average.
  • The median rent asked in New Albany is 19% lower than the national average.
  • The average number of people per household in New Albany is 8% lower than the national average.
  • The number of owner occupied households in New Albany is 10% lower than the national average.
  • The number of renter occupied households in New Albany is 17% higher than the national average.

Most Affordable Places to Live in and Around New Albany

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Compare New Albany, IN Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      South Park View, KY5$0100%
      Poplar Hills, KY416$0100%
      New Pekin, IN1,186$155,52552%
      New Middletown, IN111$167,67449%
      Lynnview, KY779$171,40748%
      New Albany, IN37,605$235,76228%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Rome, GA37,605$281,07914%
      Roseville, MN37,577$479,95547%
      Dunedin, FL37,553$405,28224%
      Holly Springs, NC37,538$632,43194%
      Lewiston, ME37,532$276,47015%
      New Albany, IN37,605$235,76228%
      Source: The New Albany, IN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.