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New Albany, OH
Full City Profile · Ohio · Licking County County
4.0
/5.0
A
Great
10,524
Population
513/sq mi density
$232,524
Median Income
$111,494 per capita
$728,200
Home Value
$611,286 Zillow
$2,134
Median Rent
22.7% income on rent
54°F
Avg Temperature
275 sunny days/yr
35
Violent Crime/100K
988 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$232,524 median income, 1.5% unemployment
A+
Affordability
4.9 / 5.0
$728,200 home value, $2,134/mo rent
F
Safety
1.0 / 5.0
35 violent crimes/100K
A+
Education
5.0 / 5.0
78.9% bachelor's degree or higher
Housing Overview
Median Home Value
$728,200
158% above
US avg: $281,900
Median Rent
$2,134/mo
83% above
US avg: $1,163/mo
Homeownership Rate
89.2%
36% above US avg (65.4%)
Total Housing Units
3,503
Median year built: 2004
Home Value by Source
Census Median
$728,200
Zillow (ZHVI)
$611,286
Median Sale Price
$825,000
Median List Price
$1,074,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.2%
Owner-Occupied
10.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$2,134/mo
· Zillow rent:
$1,739/mo
Market Indicators (Redfin)
Median Days on Market
52 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$256
Active Inventory
30
homes for sale
Affordability & Housing Stock
Rent Burden
22.7%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
2004
Average age of housing stock: 22 years
Homeownership Rate
89.2%
Complete Housing Data
Home Values
| Census Median Value | $728,200 |
| Zillow Home Value (ZHVI) | $611,286 |
| Median Sale Price | $825,000 |
| Median List Price | $1,074,500 |
| Price Per Sq Ft | $256 |
Rent
| Census Median Rent | $2,134 |
| Zillow Rent (ZORI) | $1,739 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
| Days on Market | 52 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 9 |
| Active Inventory | 30 |
| Price Per Sq Ft | $256 |
Ownership & Stock
| Owner-Occupied | 89.2% |
| Renter-Occupied | 10.8% |
| Homeownership Rate | 89.2% |
| Total Housing Units | 3,503 |
| Median Year Built | 2004 |
| Rent Burden | 22.7% |