Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Albany area can be challenging. Home prices in New Albany are now at a median cost of $169,777, lower than the Pennsylvania average of $222,630.
The average cost of rent is $854/mo in New Albany, primarily driven by the current value of real estate in the New Albany area. While nearly 63.86% of residents own their homes outright in New Albany, 19.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Albany is $4,491 per month. Households that rent pay about 19.01% of their income on rent here. New Albany's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- New Era, PA: less expensive homes
- Laddsburg, PA: equally priced homes
- Marshview, PA: equally priced homes
- Overton, PA: less expensive homes
- Dushore, PA: equally priced homes
- Powell, PA: less expensive homes
- Terrytown, PA: higher priced homes
- Monroe, PA: less expensive homes
- Satterfield, PA: less expensive homes
- Homets Ferry, PA: higher priced homes
Cities with Similar Populations
- West Selmont, AL: less expensive homes
- Brownstown, IL: less expensive homes
- Buckner, LA: less expensive homes
- Burke, SD: less expensive homes
- Byars, OK: less expensive homes
- Callaway, NE: less expensive homes
- Calvert, KS: less expensive homes
- Corinth, VT: equally priced homes
- Wekiwa, OK: equally priced homes
- West Charleston, VT: equally priced homes
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