Harpster & Barker Group

New Albany, OH

Single-Family Homes

Broker, MBA, BSBA Real Estate and Urban Analysis



New Albany, OH

Thu May 15 2025
This week the median list price for New Albany, OH is $692,500 with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has increased to 34. 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

Market Narrative

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

New Albany, OH

Thu May 15 2025
This week the median list price for New Albany, OH is $692,500 with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has increased to 34. 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

Market Narrative

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the New Albany market.
Median List Price $692,500
Median Price of New Listings $660,000
Per Square Foot $281
Average Days on Market 80
Median Days on Market 25
Price Decreased 38%
Price Increased 3%
Relisted 3%
Inventory 34
Median Rent
Market Action 49
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,737,000 3,783 0.5 - 1 acre 3 4 28 1 0 28
$1,047,500 3,079 0.25 - 0.5 acre 4 4 23 1 1 56
$649,000 2,606 8,000 - 10,000 sqft 4 3 21 1 2 28
$499,900 2,264 6,500 - 8,000 sqft 3 2.5 22 2 2 21