2025 Compare Cities Housing:
Indianapolis, IN vs New Albany, IN

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Highlights
- The median age of a home in Indianapolis is 20.0% younger than the median age of a home in New Albany.
 Indianapolis, INNew Albany, INUnited States
 Median Home Age50  Unlock42
 Median Home Cost  Unlock$195,900$338,100
 Home Appr. Last 12 months17.3%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock55.7%57.0%
 Home Appr. Last 10 yrs.105.6%  Unlock101.1%
 Property Tax Rate  Unlock$8.7$11.0
 Homes Owned48.5%  Unlock57.4%
 Housing Vacant  Unlock15.3%11.2%
 Homes Rented40.5%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Indianapolis, INNew Albany, INUnited States
 Average Rent  Unlock$1,350$1,840
 Studio Apartment$790  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$860$1,180
 2 Bedroom Home or Apartment$1,090  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,370$1,860
 4 Bedroom Home or Apartment$1,710  Unlock$2,160
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 Vacant Housing
 Indianapolis, INNew Albany, INUnited States
 Vacant For Rent  Unlock4.6%1.9%
 Vacant Rented0.5%  Unlock0.4%
 Vacant For Sale  Unlock1.1%0.7%
 Vacant Sold0.3%  Unlock0.4%
 Vacant Vacation  Unlock1.5%3.6%
 Vacant Other6.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Indianapolis, INNew Albany, INUnited States
 Less Than $20,000  Unlock2.5%2.6%
 $20,000 to $39,9992.1%  Unlock2.4%
 $40,000 to $59,999  Unlock2.0%2.8%
 $60,000 to $79,9997.7%  Unlock3.9%
 $80,000 to $99,999  Unlock11.1%4.5%
 $100,000 to $149,99923.1%  Unlock11.3%
 $150,000 to $199,999  Unlock27.4%13.0%
 $200,000 to $299,99917.7%  Unlock20.1%
 $300,000 to $399,999  Unlock4.5%13.6%
 $400,000 to $499,9993.1%  Unlock8.3%
 $500,000 to $749,999  Unlock0.6%9.7%
 $750,000 to $999,9991.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Indianapolis, INNew Albany, INUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock6.1%13.6%
 2000 to 20099.2%  Unlock13.6%
 1990 to 1999  Unlock6.9%13.6%
 1980 to 198911.5%  Unlock13.2%
 1970 to 1979  Unlock13.2%14.8%
 1960 to 196912.5%  Unlock13.6%
 1950 to 1959  Unlock12.2%10.0%
 1940 to 19496.2%  Unlock4.7%
 1939 or Earlier  Unlock26.1%12.2%
Reviews for Indianapolis    154 Reviews

I lived in Indianapolis for over 23 years, and I really miss the laidback: easy lifestyle there. The prices of most items are lower than elsewhere in the US, including  More

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No car? This city is built for cars. Not friendly to pedestrians; the lack of sidewalks is confounding. Public transportation is limited, with a "spoke wheel" layout  More

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Over 4 years ago

This is a response to another review, but everything I say here is true and I have been a lifelong Indy resident and feel this needs said. The only factual part is  More

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Reviews for New Albany    2 Reviews

Over 9 years ago

I've lived in New Albany Indiana nearly six years. This town is one of the friendliest I have ever lived in. People are almost always helpful and good. Life  More

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Over 18 years ago

Many 100+ year old homes, not much to do there, close to to the Ohio River, pretty bad for allergy suffers. Schools not good. Excise tax on auto is paid every year and  More

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