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Home values, rents and more in New Albany, IN

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$237,000
Metro: $278,000 · U.S.: $366,000
Home values, past year
+2.8%
Metro: +1.6% · U.S.: +1.2%
Typical rent
$1,194/mo
U.S.: $1,932
Rents, past year
+3.2%
U.S.: +2.9%
Population
37,581
ACS 2020–24
Median household income
$54,710
Metro: $73,863 · U.S.: $80,734
ZIP codes around New Albany, IN, shaded by typical home valueNew Albany47150471194712940211402124020340202
  • Under $140k
  • $140k–$240k
  • $240k–$300k
  • $300k–$330k
  • $330k+
  • No data
ZIP codes around New Albany, IN, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. New Albany is outlined.

How New Albany compares

The typical home in New Albany, IN is worth about $237,000, according to the Zillow Home Value Index for September 2026. Home values in New Albany are 15% below the typical value in the Louisville/Jefferson County metro area ($278,000) and 35% below the U.S. typical value ($366,000).

Over the past year, home values in New Albany rose 2.8%, compared with +1.6% in the Louisville/Jefferson County metro area and +1.2% nationally.

Typical rent is $1,194 a month (Zillow Observed Rent Index), 38% below the U.S. ($1,932). Rents rose 3.2% over the past year.

The median household income is $54,710, against $73,863 in the Louisville/Jefferson County metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 37,581 people live in New Albany (American Community Survey 2020–24).

New Albany has the 18th-lowest typical home value of the 63 cities in the Louisville/Jefferson County metro area and the 285th-highest of 581 in Indiana with Zillow figures.

Part of: Floyd County, IN · Louisville/Jefferson County metro area · Indiana

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in New Albany, IN

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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