What is the median home value in New Albany, OH?
The median value of owner-occupied homes in New Albany, OH is $772,100 (±$41,816), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In New Albany, the median home value went from $497,800 in 2015–2019 to $772,100 in 2020–2024 (+55.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $772,100 (±$41,816)
- Owner-occupied homes
- 3,237 (±218)
- Most common range
- $500,000 to $999,999
Home values in New Albany
| Value | New Albany | Franklin County | Ohio | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.3% (±0.6 points) | 3.2% | 6.3% | 5.3% |
| $50,000 to $99,999 | 0.0% (±1.1 points) | 4.4% | 10.0% | 6.1% |
| $100,000 to $149,999 | 0.0% (±1.1 points) | 6.8% | 13.4% | 6.8% |
| $150,000 to $199,999 | 0.2% (±0.4 points) | 11.6% | 16.3% | 9.0% |
| $200,000 to $299,999 | 1.1% (±1.0 points) | 26.7% | 23.3% | 17.8% |
| $300,000 to $499,999 | 15.7% (±3.9 points) | 32.3% | 21.8% | 26.9% |
| $500,000 to $999,999 | 60.8% (±6.6 points) | 13.1% | 7.7% | 20.9% |
| $1,000,000 or more | 21.8% (±5.6 points) | 1.9% | 1.2% | 7.1% |
The most common range is $500,000 to $999,999, 60.8% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
New Albany against Franklin County, its state and the nation
| New Albany | Franklin County | Ohio | United States | |
|---|---|---|---|---|
| Median home value | $772,100 (±$41,816) | $288,400 (±$2,726) | $214,800 (±$742) | $332,700 |
| Owner-occupied homes | 3,237 (±218) | 292,123 (±3,117) | 3,267,904 (±16,882) | 84,210,142 |
In New Albany, the median home value is higher than in Franklin County ($288,400).
It is also higher than in Ohio ($214,800).
It is higher than the national figure ($332,700).
In Franklin County, New Albany ranks 2 of 45 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 5 of 2,341.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in New Albany have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $497,800 (±$24,865) | $772,100 (±$41,816) | +55.1% | Up after inflation |
| Median owner cost with a mortgage | $3,496 (±$188) | $3,737 (±$398) | +6.9% | Down after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near New Albany
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| New Albany | — | $772,100 (±$41,816) | — |
| Plain Township (Franklin County) | 1.3 mi | $723,100 (±$43,366) | Not measurably different |
| Jersey Township | 3.2 mi | $423,600 (±$41,102) | Lower |
| Jefferson Township (Franklin County) | 4.7 mi | $398,100 (±$33,230) | Lower |
| Harlem Township | 5.2 mi | $418,600 (±$40,623) | Lower |
| Pataskala | 5.7 mi | $314,500 (±$15,203) | Lower |
| Monroe Township (Licking County) | 6.0 mi | $336,800 (±$32,859) | Lower |
| Johnstown | 6.2 mi | $347,900 (±$36,249) | Lower |
| Gahanna | 6.6 mi | $350,900 (±$11,156) | Lower |
Nearby places with a measurably lower figure: Jersey Township, OH ($423,600), Jefferson Township (Franklin County), OH ($398,100), Harlem Township, OH ($418,600).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Franklin County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Marble Cliff | $815,500 (±$54,606) |
| 2 | New Albany | $772,100 (±$41,816) |
| 3 | Plain Township (Franklin County) | $723,100 (±$43,366) |
| 4 | Upper Arlington | $595,600 (±$19,131) |
| 5 | Grandview Heights | $583,300 (±$44,767) |
| 6 | Brown Township (Franklin County) | $580,400 (±$30,377) |
| 7 | Riverlea | $572,500 (±$63,099) |
| 8 | Dublin | $563,500 (±$16,657) |
Showing 8 of 45 places in Franklin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in New Albany
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for New Albany beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near New Albany, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near New Albany, and send estimates and invoices from your phone.
Questions about New Albany
What is the average home value in New Albany, OH?
The Census Bureau publishes the median: $772,100 (±$41,816) for owner-occupied homes in New Albany (2020–2024 American Community Survey).
Have home values in New Albany gone up?
In New Albany, the median home value went from $497,800 in 2015–2019 to $772,100 in 2020–2024 (+55.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in New Albany sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Albany city, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — New Albany city, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — New Albany city, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — New Albany city, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Albany city, Ohio (place:53970, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in New Albany at a glance
- Median rent in New Albany
- Rent by bedrooms in New Albany
- Renters and owners in New Albany
- Income and affordability in New Albany
- Homeowner costs in New Albany
- Property taxes in New Albany
- Types of homes in New Albany
- Bedrooms in New Albany
- Age of homes in New Albany
- Heating fuel in New Albany
- Commute and cars in New Albany
- Crime reported to police in New Albany
- Population growth in New Albany
- How long people stay in New Albany
- Crowding and facilities in New Albany
- Fair Market Rent in New Albany
- Ohio landlord and tenant rules
- Housing across Franklin County
- Ohio places ranked by median home value
- Housing data for every place in Ohio