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All market snapshots / 47150

New Albany, IN 47150 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
New Albany, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.02
ActiveActive listings: 6060PendingPending sales: 11
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): $262k$262kSoldMedian sold price (last 6 months): $260k$260k
What homes actually sell for in New Albany, IN
Distribution of 315 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $197k to $342k
$102k to $155k: 29 sales$102k$155k to $208k: 55 sales$208k to $261k: 64 sales64sales$208k$261k to $314k: 53 sales$314k to $367k: 32 sales$314k$367k to $420k: 24 sales$420k to $473k: 22 sales$420k$473k to $526k: 5 salesMedian $260k

What the numbers say

As of October 26, 2026, Resideline is tracking 60 active listings and 1 pending sales in ZIP code 47150. That pending-to-active ratio of 0.02 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $262,000, while the median of the 315 closed sales Resideline tracked over the last six months was $260,000. 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 88 days.

Frequently asked questions

What is the median home price in 47150?

The median closed sale price in New Albany, IN 47150 was $260,000 over the last six months, based on 315 closed sales tracked by Resideline. The middle half of those sales ranged from $197,400 to $342,235.

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

Resideline is currently tracking 1 pending sales against 60 active listings in 47150, a pending-to-active ratio of 0.02. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 47150 is currently a slower-moving market.

Nearby ZIP code market data

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