New Albany Housing Market, September 2026: More Homes for Sale, Fewer Sales
New Albany, IN had 264 homes for sale in September 2026, up 58% YoY, while sales fell. Jan to Sep sales were the lowest since at least 2016. What it means.
- buying
- selling
- market data
- Southern Indiana
New Albany has more homes for sale and fewer sales than a year ago. In September 2026 there were 264 homes for sale, up 58% year over year (YoY), and 59 sold, down 13% YoY. From January to September, 532 homes sold, the fewest for those months since at least 2016.
Key takeaways
- September listings: 264, up 58% YoY from 167, the most for any September since 2016.
- September sales: 59, down 13% YoY from 68.
- Jan to Sep YTD: 532 sales, down 11% vs 2025, while the average month had 208 homes for sale, up 27%.
- Average sale price, Jan to Sep YTD: $275,395, up 7.7% vs 2025. It's an average, not a median.
- Sellers have more competition than at any point in the past several years.
How many homes are for sale in New Albany?
Short answer: 264 in September 2026, up 58% YoY. That's the most for any September since 2016, when there were 423. The number has climbed most months this year, from 182 in January.
Are homes selling in New Albany?
Short answer: yes, but fewer than last year. 59 homes sold in September, down 13% YoY. For January to September, 532 sold, down 11% from 595. That's the lowest total for those months in data going back to 2016. Unlike some nearby towns, New Albany's sales haven't kept up with its new listings.
The numbers: September and year to date
September only, compared with September 2025 (YoY):
| September only | Sep 2025 | Sep 2026 | Change (YoY) |
|---|---|---|---|
| Active listings | 167 | 264 | up 58% |
| Homes sold | 68 | 59 | down 13% |
| Average sale price | $254,387 | $300,262 | up 18% |
January to September 2026 (YTD), compared with the same months of 2025:
| January to September (YTD) | 2025 | 2026 | Change vs 2025 |
|---|---|---|---|
| Active listings, average month | 164 | 208 | up 27% |
| Homes sold | 595 | 532 | down 11% |
| Average sale price | $255,773 | $275,395 | up 7.7% |
These are two different views. September is one month. YTD adds up January to September. Average sale price is an average, not a median, so a few high or low sales can pull it.
Is New Albany a buyer's or seller's market?
Short answer: it has moved toward buyers. September had about 4.5 months of supply, up from about 2.5 a year earlier. Using the average month so far this year, there were about 3.5 months of supply, compared with 2.5 for the same months of 2025. Months of supply is how long it would take to sell every home for sale at the current pace. Lower usually favors sellers, and higher gives buyers more room. This describes the past. It doesn't predict what comes next.
What this means for buyers
- You have more to compare. Tour several homes before you decide.
- Ask questions about costs. With more listings and fewer sales, sellers may be more open to a conversation. They can still say no.
- Prices haven't fallen. The YTD average is up 7.7%, so keep your budget firm.
What this means for sellers
- Price against today's competition. Buyers can compare your home with about 58% more listings than a year ago.
- Expect more time on the market than you might have in 2022 or 2023, and plan for it.
- Treat early showings as feedback. If showings don't turn into offers, price is usually the first thing to look at.
Selling in New Albany? Our New Albany sellers page covers local basics. For the whole county, see the Floyd County Q3 2026 market report.
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This post is general information, not financial, legal or tax advice. Market conditions change, and numbers for a single month can move a lot.
FAQs
How many homes are for sale in New Albany, Indiana?
There were 264 active listings in September 2026, up 58% year over year from 167, the most for any September since 2016.
Are New Albany homes selling?
Yes, but fewer than last year. 59 homes sold in September 2026, down 13% year over year. From January to September, 532 sold, down 11% from 2025.
What is the average home price in New Albany?
The average sale price from January to September 2026 was $275,395, up 7.7% from the same months of 2025. It's an average, not a median.
Is New Albany a buyer's market?
It has moved toward buyers. September 2026 had about 4.5 months of supply, up from about 2.5 a year earlier.
Data note: Source: Southern Indiana MLS, New Albany, monthly data January 2016 to September 2026. Information not verified or guaranteed by the MLS. Average sale price is a mean, not a median. Year-to-date (YTD) figures cover January to September. YTD average sale price weights each month by its number of sales. Months of supply uses active listings divided by sales.
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