New Albany, OH housing market
The typical New Albany home is worth about $637,000, up 1.7% in a year, 156% above the Ohio typical home. Homes typically sell in 31 days, close to asking.
Home values, sales, trends and how New Albany compares with the towns next door — updated as new data is published.
New Albany at a glance
A seller's market
Supply is tight — about 2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | New Albany | Ohio |
|---|---|---|
| 2017 | $366,000 | $133,000 |
| 2018 | $378,000 | $141,000 |
| 2019 | $391,000 | $150,000 |
| 2020 | $405,000 | $158,000 |
| 2021 | $439,000 | $178,000 |
| 2022 | $498,000 | $195,000 |
| 2023 | $549,000 | $211,000 |
| 2024 | $588,000 | $224,000 |
| 2025 | $618,000 | $237,000 |
| 2026 | $633,000 | $245,000 |
| August 2026 | $637,000 | $249,000 |
43 new homes permitted in 2025
Builders were permitted 43 new homes in New Albany in 2025, all single-family houses, worth about $33.8 million to build. That's 3.9 per 1,000 residents, about the pace of Ohio as a whole. Over the past 10 years, New Albany has permitted 522 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, New Albany gained 3,101 residents while 911 new homes were permitted: about 3.4 new residents per new home. Building and growth moved roughly in step. Across Ohio: 1.3 new residents per new home.
How New Albany ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 45 | 45 | 0 | $37 million |
| 2025 | 43 | 43 | 0 | $33.8 million |
| 2024 | 46 | 46 | 0 | $43.9 million |
| 2023 | 51 | 51 | 0 | $36.4 million |
| 2022 | 55 | 55 | 0 | $39.1 million |
| 2021 | 97 | 97 | 0 | $56.3 million |
| 2020 | 50 | 50 | 0 | $22.6 million |
| 2019 | 47 | 47 | 0 | $20.5 million |
| 2018 | 16 | 16 | 0 | $8.9 million |
| 2017 | 38 | 38 | 0 | $23.4 million |
| 2016 | 79 | 79 | 0 | $47.7 million |
| 2015 | 142 | 142 | 0 | $79.9 million |
| 2014 | 176 | 176 | 0 | $92.4 million |
| 2013 | 116 | 87 | 29 | $37.7 million |
| 2012 | 82 | 82 | 0 | $28.6 million |
| 2011 | 96 | 96 | 0 | $34.7 million |
| 2010 | 119 | 119 | 0 | $47.4 million |
| 2009 | 60 | 60 | 0 | $23.5 million |
| 2008 | 62 | 54 | 8 | $21.4 million |
| 2007 | 106 | 106 | 0 | $52.8 million |
| 2006 | 132 | 132 | 0 | $59.4 million |
| 2005 | 155 | 155 | 0 | $57.5 million |
| 2004 | 224 | 224 | 0 | $66.1 million |
| 2003 | 131 | 131 | 0 | $43.5 million |
| 2002 | 151 | 151 | 0 | $50.9 million |
| 2001 | 260 | 260 | 0 | $63.5 million |
| 2000 | 166 | 166 | 0 | $53.5 million |
How New Albany ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
New Albany and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| New Albany | $637K | +1.7% | $1,990 | 43 | $238,250 |
| Plain | — | +4.4%† | $1,960 | — | $219,181 |
| Columbus | $247K | −1% | $1,450 | 9,116 | $66,082 |
| Jersey | — | +1.1%† | $1,550 | — | $151,827 |
† FHFA price index change, where Zillow has no home value for the town.
2.7 years of income
The typical New Albany home costs about 2.7 years of the town's median household income, less than across Ohio (3.5 years).
How New Albany ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,990
HUD's Fair Market Rent for a two-bedroom in New Albany is $1,990 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in New Albany pay a median of $2,355. A two-bedroom takes about 10% of the town's median household income.
Studio $1,540 · 4 bedrooms $2,680
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (43031, 43054; Columbus, OH HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.