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All market snapshots / 47150

New Albany, IN 47150 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
New Albany, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 6666PendingPending sales: 22
New Albany, IN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $255k$255kSoldMedian sold price (last 6 months): $258k$258k
What homes actually sell for in New Albany, IN
Distribution of 330 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $197k to $337k
$110k to $162k: 33 sales$110k$162k to $214k: 56 sales$214k to $266k: 80 sales80sales$214k$266k to $318k: 48 sales$318k to $370k: 29 sales$318k$370k to $422k: 25 sales$422k to $474k: 20 sales$422k$474k to $526k: 6 salesMedian $258k

What the numbers say

As of October 5, 2026, Resideline is tracking 66 active listings and 2 pending sales in ZIP code 47150. That pending-to-active ratio of 0.03 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $254,900, while the median of the 330 closed sales Resideline tracked over the last six months was $258,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 47150 for 80 days.

Frequently asked questions

What is the median home price in 47150?

The median closed sale price in New Albany, IN 47150 was $258,000 over the last six months, based on 330 closed sales tracked by Resideline. The middle half of those sales ranged from $197,400 to $336,765.

Is 47150 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 66 active listings in 47150, a pending-to-active ratio of 0.03. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 47150 currently looks like a balanced market.

Nearby ZIP code market data

Full New Albany, IN housing market report →

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