Coming soon
$10,000 Closing Credit¹
#225002497, Sandy L Raines, Marian S Halliday, Listing Office: The Raines Group, Inc.
New Albany Housing Market Report December 2024•Franklin County, Ohio
Housing Prices in New Albany, OH
How much do homes in New Albany, OH cost?
Housing Market Conditions
Is New Albany, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Albany is a Seller's Market
Difference Since December 2023
Since last year, New Albany has remained a Seller's Market.
Insight
New Albany is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$585,300$218/SqFt
+$300
0.1%
Based on all homes sold in the last 12 months
Insight
The sold price of homes in New Albany has remained the same since last year.
Summary: The median home sold price in New Albany was $585,300 in December 2024, up 0.1% from last year, and the median price per square foot was $218.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Columbus | $275K | $285.1K | +3.7% |
| New Albany | $585K | $585.3K | 0.1% |
| Plain Township | $832.5K | $724.1K | -13.0% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $198.5K | $209K | +5.3% |
| 22 Bedrooms | $305K | $299.9K | -1.7% |
| 33 Bedrooms | $532.1K | $570K | +7.1% |
| 44 Bedrooms | $755K | $681.2K | -9.8% |
| 55+ Bedrooms | $1.4M | $1.2M | -14.3% |
Summary: New Albany housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +5.3%. The home price for 2 bedroom homes decreased by -1.7%. The home price for 3 bedroom homes increased by +7.1%. The home price for 4 bedroom homes decreased by -9.8%. The home price for 5 bedroom homes decreased by -14.3%.
Housing supply in New Albany, OH
How many homes are available in New Albany, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 80Last MonthDec 2024 | ||
| 942 months agoNov 2024 | -14.9 % Change MoMNov – Dec |
Summary: The New Albany real estate market had 80 homes for sale in Dec 2024, a 14.9 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 27Last MonthDec 2024 | ||
| 272 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 4 | 4 | 0.0% |
| 22 Bedrooms | 16 | 13 | -18.8% |
| 33 Bedrooms | 26 | 21 | -19.2% |
| 44 Bedrooms | 36 | 33 | -8.3% |
| 55+ Bedrooms | 12 | 9 | -25.0% |
Summary: New Albany housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -18.8%. The inventory for 3 bedroom homes decreased by -19.2%. The inventory for 4 bedroom homes decreased by -8.3%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in New Albany, OH cost?
Over Asking Price5 Homes
At Asking Price5 Homes
Under Asking Price17 Homes
Insight
If you're buying a home in New Albany, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in New Albany in December 2024, the same as the previous month. Of the 27 sold homes, 63% were sold under asking, 19% were sold at asking, and and 19% were sold over asking.
Days on Market for New Albany, OH
How long does it take to sell a home in New Albany, OH?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days12 Homes
Over 90 Days4 Homes
Insight
Avg time on Rocket Homes in New Albany has remained consistent over time.
Summary: During December 2024, 27 homes were sold in New Albany; 41% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 41 DaysThis YearDec 2024 | ||
| 23 Days1 year agoDec 2023 | +80.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in New Albany had an average listing age of 41 days in Dec 2024, up by 80.9% compared to the previous year.
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Newest Listings in New Albany, OH
What homes are available in New Albany, OH?
New - 5 days on Rocket
$8,301 Closing Credit¹
#225002340, Zachary Aaron Shoaf, Listing Office: Realistar
New - 5 days on RocketBackup offers
$3,562 Closing Credit¹
#225002316, Bradley Clarizio, Carly Kauppila, Listing Office: Red 1 Realty
Backup offers
$10,000 Closing Credit¹
#225001848, Kathryn K Becker, Listing Office: Coldwell Banker Realty
Backup offers
$7,719 Closing Credit¹
#225001732, Brad Winter, Paige A Winter, Listing Office: Engel & Volkers Real Estate Advisors
$10,000 Closing Credit¹
#225001593, Robert J Riddle, Listing Office: New Albany Realty, LTD
$5,284 Closing Credit¹
#225001092, David J Nauman, Listing Office: KW Classic Properties Realty
Backup offers
$2,730 Closing Credit¹
#225000651, Ryan J Ruehle, Jennifer M Ruof, Listing Office: EXP Realty, LLC
Backup offers
$3,681 Closing Credit¹
#225000616, Monica L Cook, Gary J Cook, Listing Office: Coldwell Banker Realty
$7,718 Closing Credit¹
#225000591, Emily Austin, Listing Office: Berkshire Hathaway HS Pro Rlty
Backup offers
$7,363 Closing Credit¹
#225000442, Stefani J Price, Listing Office: Cutler Real Estate
Backup offers
$5,284 Closing Credit¹
#225000416, Teri J Gilmore, Kelly M Thacker, Listing Office: Red 1 Realty
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MLS Disclaimers and Copyright
Based on information from Columbus and Central Ohio Regional MLS, and MLS Now for the period 01/01/2023 - 01/01/2025
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.