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IN area data

New albany, IN

New albany, IN.

Population: 49,144 (Census ACS)

Home values & appreciation

Median home value
$238,012
1-year appreciation
+2.9%
3-year appreciation
+13.4%
5-year appreciation
+28.0%
10-year appreciation
+95.2%
All-time peak (2026-07)
$238,012
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$255,000
Median list price
$252,450
Median days on market
57 days
Sale-to-list ratio
97.8%
Active listings
115
1-year forecast
+1.1%
New listings (monthly)
75

Rents

Typical rent
$1,171/mo
1-year rent change
+2.4%
1BR fair-market rent
$1,030/mo
3BR fair-market rent
$1,600/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
12
Elementary schools
6
Middle schools
2
High schools
2
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, tornado, coldWave, iceStorm, inlandFlooding
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
59.0°F
Average high
68.0°F
Average low
49.0°F
Annual precipitation
39.3 in
Annual snowfall
4.7 in

Air quality

Air quality rating
Good
Median AQI (annual)
46
Days with Good air quality
224
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
10.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Abraham Lincoln Birthplace National Historical Park (49 mi)
Nearest airport
Clark Regional Airport (8 mi)
Nearest major airport
Louisville Muhammad Ali International Airport (SDF) (10 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Migration

Net migration
+58 tax filers

Housing stock

Median year housing built
1,970
Median annual property tax
$1,515
Mean commute to work
18 min
Households with broadband internet
75.8%

Employment & development

Total county employment
27,993
Average weekly wage
$1,031
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
168

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents