Is New Albany, IN 47150 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

New Albany is a seller’s market. With about 2.8 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.8Under 4 months = seller’s market

Sold above original list13.7%Share of sales, last 3 months

Median sale-to-list98.6%Sold price ÷ list price

Median days on market60Listing to accepted offer

Median price per sq ft$152▼ −1.1% vs. last year

Run the numbers for 47150

Prefilled for 47150Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47150Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Floyds Knobs 47119Balanced $167 /sq ft Georgetown 47122Seller’s market $164 /sq ft Greenville 47124Seller’s market $173 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology