Housing & Real Estate — New Albany, Indiana

Overview

Total Housing Units18,429
Occupied16,156
Vacant2,273
Owner-Occupied9,028
Renter-Occupied7,128
Median Home Value (Census)$180,500
Estimated 2026~$209,000
Median Rent$971/mo
Median Property Tax$1,414/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income21.3%
Severely Rent-Burdened40.6%

Housing Age

Built 2010 or later1,227
Built 2000-2009947
Built 1990-19991,282
Built before 19607,986
Median Year Built1961
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.