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Foreclosure Homes in New Albany, OH

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New Albany, OH Foreclosures

How much do homes sell for in New Albany, OH?
The average home price is currently $759,588.
In New Albany, OH, how many homes are available?
There are currently 35 active home listings available in New Albany.
What’s the average rental cost in New Albany, OH?
The average rental price in New Albany is $2,227.
What is the most expensive home in New Albany?
The most expensive home sold in New Albany had a price of $70,279,788.
What is currently the cheapest priced home in New Albany, OH?
The cheapest home for sale in New Albany is priced at $21,871.

Living in New Albany, OH

New Albany, Ohio is an affluent suburb near Columbus, known for its exceptional schools, beautiful parks, and vibrant community life. With a range of amenities and recreational activities, it is an ideal place for families, professionals, and retirees seeking a peaceful yet active lifestyle.

Current Market Conditions in New Albany, OH

The real estate market in New Albany is currently experiencing a seller's market, characterized by a low inventory of available homes and an increasing demand from buyers. This trend has resulted in rising home prices as buyers compete for limited options.

Recent years have seen a significant appreciation in property values due to the area’s strong economic growth and desirable living conditions. The influx of new residents attracted by the community’s high-quality schools and family-friendly environment has contributed to the heightened interest in real estate.

Home Value Estimator For New Albany, OH

There are currently 9,759 real estate properties in New Albany, OH, with a median automated valuation model (AVM) price of $565,665.00. 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, OH, 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, OH, is $759,588.00, with the most expensive house in New Albany, OH, topping out at $70,279,788.00 and the cheapest home in New Albany, OH, clocking in at $21,871.00. In other words, there’s something for every potential homebuyer or savvy investor in New Albany, OH!

Rent Prices In New Albany, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Albany, OH, is on a rollercoaster ride. The average rent price in New Albany, OH, is $2,227.00. Indeed, when looking to rent in New Albany, OH, you can expect to pay as little as $730.00 or as much as $3,860.00, with the average rent median estimated to be $2,150.00. The good news is that finding an affordable and desirable property to rent in New Albany, OH -- 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, OH Foreclosures

Market Trend for New Albany, OH

Total Listings Available: 35

Market Values:

Home Prices from $21,871 to $70,279,788

Average Sales Price: $759,588

Rental Values:

Rental from $730 to $3,860

Average Rent Value: $2,227 / month

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