Housing in New Albany, OH

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$720,000

Median List Price

$1,125,000

Price Per Sq Ft

$236

Days on Market

67

Active Inventory

26

Months of Supply

3.7

Seller's market

Zillow Home Value

$600,168

ZHVI — January 2026

Zillow Rent Index

$1,702

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 17.7%List Price ↑ 38.0%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

14.3%

Off Market in 2 Weeks

45.5%

Sale-to-List Ratio

99.8%

Buyer's market

Sold Above Asking
14.3%
Under Contract in 2 Wks
45.5%
Listings with Price Drops
15.4%

Market Activity

Source: Redfin

Homes Sold

7

New Listings

13

Pending Sales

11

Homes Sold ↓ 12.5%New Listings ↓ 38.1%Pending ↓ 45.0%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$236

Median List $/SF

$260

Sale $/SF ↓ 8.2%List $/SF ↑ 11.1%Mar 24 → Jan 26

New Albany vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. New Albany is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$728,200

Median Rent

$2,134

Total Housing Units

3,696

Vacancy Rate

5.4%

Owner Occupied

89.2%

Renter Occupied

10.8%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,149

Housing Types

Single Family
93.5%
Multi-Family
5.8%
Mobile Home
0.7%

The current median sale price in New Albany, OH is $720,000 according to Redfin data. Homes spend a median of 67 days on the market. 14.3% of homes sold above asking price. The market has 3.7 months of supply. The median price per square foot is $236. Zillow's observed rent index is $1,702/month. About 89.2% of housing units are owner-occupied. The median year homes were built is 2005. There are 3,696 total housing units.