Above, you'll find an overview of the real estate market in New Albany, IN. Generally, real estate in the New Albany, IN area is more affordable in Indiana, as the median price of a home in New Albany, IN is $110,500, which is 13% lower than the Indiana average. The median rental price in New Albany, IN is $722. This is 5% lower than the average rental price in Indiana. Home owners comprise 54.8% of the population of New Albany, IN, where an average of 2.3 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in New Albany, IN. Below, you can search for real estate listings in New Albany, IN using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.