Housing & Real Estate — New Albany, Indiana
Overview
| Total Housing Units | 18,429 |
| Occupied | 16,156 |
| Vacant | 2,273 |
| Owner-Occupied | 9,028 |
| Renter-Occupied | 7,128 |
| 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 Ratio | N/Ax |
| Home Affordability | moderate |
| Rent as % of Income | 21.3% |
| Severely Rent-Burdened | 40.6% |
Housing Age
| Built 2010 or later | 1,227 |
| Built 2000-2009 | 947 |
| Built 1990-1999 | 1,282 |
| Built before 1960 | 7,986 |
| Median Year Built | 1961 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.