Zip 47150 (New Albany, IN) Housing

The housing market in 47150 New Albany, IN is currently doing very well. The median value of homes is $200,100, which is much lower than the US median value of $338,100. Despite the lower value of homes in the area, the appreciation rate over the past year has been an impressive 13.41%, significantly higher than the national average of 8.27%. This makes 47150 New Albany a great place to invest in real estate as property values are expected to continue increasing at a rapid rate.

The median home cost in New Albany (zip 47150) is $200,100. Home appreciation the last 10 years has been 81.4%. Home Appreciation in New Albany (zip 47150) is up 15.2%.

Average Age of Homes

- The median age of New Albany (zip 47150) real estate is 49 years old

The Rental Market in New Albany (zip 47150)

- Renters make up 33.3% of the New Albany (zip 47150) population
- 3.8% of houses and apartments in New Albany (zip 47150), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Albany, Indiana	United States
	22,517.0	139,647,020.0
	55	42
	$200,100	$338,100
	15.2%	16.6%
	55.7%	57.0%
	81.4%	101.1%
	$8.20	$10.98
	$1,274	$2,690
	55.3%	57.4%
	13.6%	11.2%
	31.2%	31.4%
Vacant Housing
	3.8%	1.9%
	1.3%	0.4%
	1.0%	0.7%
	0.6%	0.4%
	1.5%	3.6%
	5.3%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	2.0%	2.4%
	1.4%	2.8%
	5.7%	3.9%
	8.6%	4.5%
	26.8%	11.3%
	25.3%	13.0%
	17.5%	20.1%
	8.3%	13.6%
	1.0%	8.3%
	1.1%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.5%	13.6%
	8.5%	13.6%
	11.1%	13.6%
	10.4%	13.2%
	12.2%	14.8%
	11.1%	13.6%
	11.4%	10.0%
	9.5%	4.7%
	21.8%	12.2%

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William · New Albany, IN

New Albany township Indiana is a great place to re

Over 17 years ago

9 minutes to downtown Louisville, Kentucky with its world renowned Actor's Theater and great museums, good restaurants with a view of the city of Louisville we have More

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