The New Albany, IN housing market is a strong buyer's market, scoring 28 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 274 homes for sale and 3.7 months of supply. Homes in New Albany, IN sold for a median of $250,000, up 7.5% from the prior month, or $159 per square foot. The average sale price in New Albany, IN was $282,000, above the median because a few high-priced homes pull the average up. The typical home goes under contract in 52 days, sales close at 97.9% of asking price and 21.9% of homes sell above list. 40.5% of active New Albany, IN listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-10-08 and are based on 78 recorded sales and 274 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 1107 Chapel Creek Trl, New Albany | 5/4,000 | $560,000 | 2026-10-08 |
| 2716 Green Valley Rd, New Albany | 4/2,275 | $180,000 | 2026-10-08 |
| 4010 Weatherby Way, New Albany | 5/3,554 | $355,000 | 2026-10-08 |
| 3415 Deerwood Dr, New Albany | 3/1,972 | $245,000 | 2026-10-07 |
| 636 W 7th St, New Albany | 3/1,009 | $95,000 | 2026-10-06 |
| 1689 Long Meadow Dr, New Albany | 3/960 | $215,000 | 2026-10-06 |
| 115 Glenmill Rd, New Albany | 3/1,080 | $288,824 | 2026-10-06 |
| 2010 Mary Lee Dr, New Albany | 3/1,026 | $230,000 | 2026-10-06 |
New Albany, IN is currently a strong buyer's market, at 28 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 3.7 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in New Albany, IN sold for $250,000 over the last 30 days. That is up 7.5% from the month before.
The average sale price in New Albany, IN was $282,000, above the median because a few high-priced homes pull the average up. The median ($250,000) is the middle sale, so it better reflects a typical home; the average is the total of all prices divided by the number of sales.
Homes in New Albany, IN take a median of 52 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 52 days is worth a second look on price.
Homes in New Albany, IN close at a median of 97.9% of their asking price, and 21.9% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 274 homes actively for sale in New Albany, IN, about 3.7 months of supply at the current sales pace.