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Foreclosure Homes in New Albany, IN

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New Albany, IN Foreclosures

How much do homes sell for in New Albany, IN?
The average home price is currently $252,966.
In New Albany, IN, how many homes are available?
There are currently 175 active home listings available in New Albany.
What’s the average rental cost in New Albany, IN?
The average rental price in New Albany is $1,140.
What is the most expensive home in New Albany?
The most expensive home sold in New Albany had a price of $3,052,920.
What is currently the cheapest priced home in New Albany, IN?
The cheapest home for sale in New Albany is priced at $12,796.

Living in New Albany, IN

New Albany, IN is a charming riverside city with a rich history and a strong sense of community. It offers a perfect mix of suburban living and access to urban amenities in nearby Louisville. With excellent schools and ample recreational opportunities, it's a desirable location for families and professionals alike.

Current Market Conditions in New Albany, IN

The New Albany real estate market has shown steady growth, with an increasing demand due to its favorable location and family-friendly environment. Homes in the area tend to sell quickly, indicating a competitive market that attracts buyers looking for both investment opportunities and places to settle down.

Recent trends show a rise in home prices, fueled by the popularity of New Albany among young professionals and families. The area's historical charm, combined with its proximity to large urban centers, continues to drive interest from out-of-state buyers.

Home Value Estimator For New Albany, IN

There are currently 16,575 real estate properties in New Albany, IN, with a median automated valuation model (AVM) price of $233,170.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Albany, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in New Albany, IN, is $252,966.00, with the most expensive house in New Albany, IN, topping out at $3,052,920.00 and the cheapest home in New Albany, IN, clocking in at $12,796.00. In other words, there’s something for every potential homebuyer or savvy investor in New Albany, IN!

Rent Prices In New Albany, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Albany, IN, is on a rollercoaster ride. The average rent price in New Albany, IN, is $1,140.00. Indeed, when looking to rent in New Albany, IN, you can expect to pay as little as $550.00 or as much as $2,960.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in New Albany, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

New Albany, IN Foreclosures

Market Trend for New Albany, IN

Total Listings Available: 175

Market Values:

Home Prices from $12,796 to $3,052,920

Average Sales Price: $252,966

Rental Values:

Rental from $550 to $2,960

Average Rent Value: $1,140 / month

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