Harpster & Barker Group

New Albany, OH

Single-Family Homes

Broker, MBA, BSBA Real Estate and Urban Analysis



New Albany, OH

Fri Mar 24 2023
This week the median list price for New Albany, OH is $612,450 with the market action index hovering around 66. This is an increase over last month's market action index of 62. Inventory has increased to 10. Click here to stay informed with the New Albany market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

New Albany, OH

Fri Mar 24 2023
This week the median list price for New Albany, OH is $612,450 with the market action index hovering around 66. This is an increase over last month's market action index of 62. Inventory has increased to 10. Click here to stay informed with the New Albany market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the New Albany market.
Median List Price $612,450
Median Price of New Listings $599,900
Per Square Foot $239
Average Days on Market 31
Median Days on Market 7
Price Decreased 0%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent
Market Action 66
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,012,500 5,673 0.5 - 1 acre 4 5 10 0 0 108
$838,450 3,524 0.25 - 0.5 acre 3 3.5 15 2 0 0
$599,900 2,476 6,500 - 8,000 sqft 4 3 21 2 1 0
$499,900 2,461 6,500 - 8,000 sqft 3 2.5 7 1 0 35