All Countries
New Albany, IN
Full City Profile · Indiana · Floyd County County
3.1
/5.0
B
Good
37,589
Population
2,425/sq mi density
$54,152
Median Income
$30,287 per capita
$169,600
Home Value
$230,667 Zillow
$971
Median Rent
28.5% income on rent
58°F
Avg Temperature
293 sunny days/yr
244
Violent Crime/100K
5,622 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$54,152 median income, 3.2% unemployment
A+
Affordability
4.9 / 5.0
$169,600 home value, $971/mo rent
F
Safety
1.0 / 5.0
244 violent crimes/100K
C+
Education
2.8 / 5.0
22.8% bachelor's degree or higher
Housing Overview
Median Home Value
$169,600
40% below
US avg: $281,900
Median Rent
$971/mo
17% below
US avg: $1,163/mo
Homeownership Rate
55.9%
15% below US avg (65.4%)
Total Housing Units
18,313
Median year built: 1961
Home Value by Source
Census Median
$169,600
Zillow (ZHVI)
$230,667
Median Sale Price
$217,750
Median List Price
$214,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.9%
Owner-Occupied
44.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$971/mo
· Zillow rent:
$1,201/mo
Market Indicators (Redfin)
Median Days on Market
73 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
36
Price Drops
27.2%
of listings with price reduction
Price Per Sq Ft
$149
Active Inventory
92
homes for sale
Affordability & Housing Stock
Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
55.9%
Complete Housing Data
Home Values
| Census Median Value | $169,600 |
| Zillow Home Value (ZHVI) | $230,667 |
| Median Sale Price | $217,750 |
| Median List Price | $214,950 |
| Price Per Sq Ft | $149 |
Rent
| Census Median Rent | $971 |
| Zillow Rent (ZORI) | $1,201 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 73 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 27.2% |
| Homes Sold | 36 |
| Active Inventory | 92 |
| Price Per Sq Ft | $149 |
Ownership & Stock
| Owner-Occupied | 55.9% |
| Renter-Occupied | 44.1% |
| Homeownership Rate | 55.9% |
| Total Housing Units | 18,313 |
| Median Year Built | 1961 |
| Rent Burden | 28.5% |