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New Albany

New Albany

Located in Franklin County

$552,261 Average Value
$228 Average Price per Sq Ft
25 Homes For Sale

The Silicon Valley of the Midwest

Founded in the mid-1800s, the village of New Albany would maintain fewer than 500 residents until the 1990s, when the population exploded due to industrial expansion. Today, residents hover around 11,000 as a thriving tech market puts down roots in the Central Ohio soil. But many say there's more to New Albany than being the Silicon Valley of the Midwest. "Sure, the tech industry brings in a lot of people," says Marci Press, owner of Home Central Realty. "But the housing is beautiful, the schools are outstanding and the community is robust. New Albany is a gem all on its own."

New Albany is known colloquially as,
New Albany is known colloquially as, "The Silicon Valley of the Midwest."
Downtown New Albany is a great place to go on a afternoon stroll and do some window shopping.
Downtown New Albany is a great place to go on a afternoon stroll and do some window shopping.
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Upscale 21-century housing

The median market price for real estate in New Albany is in the low $600,000s, higher than the national median in the low $400,000s. "A lot of these houses aren't going to interest first-time homebuyers," says Press. "The price makes them more of a choice for people moving up." Taxes are also higher, she says, though that might be more a feature than a bug. "People are happy to pay them," Press says. "Because with the schools, the amenities—they're getting what they pay for." Communities like Fodor are known for upscale luxury housing, while Upper Clarenton features midcentury-style homes from the 1960s and '70s.

The tech industry is the center of New Albany's job market, including data centers from Google, Amazon and Meta. Intel is constructing a $20 billion chip facility that will employ around 3,000 people when it's finished at the end of 2026. Retail and distribution is also a major industry, as New Albany is home to Abercrombie and Fitch’s head offices and distribution center. Bath & Body Works also has its headquarters and distribution centers just south. Mount Carmel New Albany is a surgery-centered specialty hospital that employs over 300 residents, and offers 24-hour emergency care.

Sleek modern homes are available in some of New Albany's newer subdivisions.
Sleek modern homes are available in some of New Albany's newer subdivisions.
Gorgeous single family homes are sprinkled throughout New Albany.
Gorgeous single family homes are sprinkled throughout New Albany.
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New Albany Founders Day every May

Local cultural highlights include the historic Ealy House, the McCoy Center for the Arts and the New Albany Symphony Orchestra. In 2023, New Albany's Little League Team was the first in Central Ohio to make it to the Little League World Series. Every May brings New Albany Founders Day, one of the city's longest-running traditions. First celebrated in 1976, the holiday culminates in food, live music, a parade and the New Albany's Best Awards, honoring local businesses.

Top-ranked public schools

The New Albany-Plain Local School District has an A-plus from Niche, which considers it one of the best school districts in Ohio. A $135 million bond was approved in 2024 to pay for a new elementary school and upgrades for the district's five current schools. "You can compare New Albany High School to a college campus," says Press. "When they first constructed it, we were in awe. What a great place to send your kids."

New Albany educational campus is one of the largest K-12 educational institutions.
New Albany educational campus is one of the largest K-12 educational institutions.
New Albany High School sports team is 'The Eagles'.
New Albany High School sports team is 'The Eagles'.
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The largest pickleball facility in Ohio

New Albany's Department of Parks and Recreation oversees more than 2,000 acres of public parks, facilities and greenspace. Swickard Woods Nature Preserve features an arboretum with dozens of species of trees and foliage. Rose Run Park has the scenic Marx Library Garden, while Bevelhymer Park is home to central Ohio's largest outdoor pickleball network.

Rocky Fork Metro Park is located off of E. Walnut Street in New Albany.
Rocky Fork Metro Park is located off of E. Walnut Street in New Albany.
Bevelhymer Park in New Albany is home to central Ohio's largest outdoor pickleball network.
Bevelhymer Park in New Albany is home to central Ohio's largest outdoor pickleball network.
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Shopping at Easton Town Center

Several locally owned and regional restaurants fill the city's western section, but most shopping is out of town. Fortunately, Ohio retail mainstays like the Easton Town Center are nearby. "It's just 15 minutes from New Albany, and anything you want is there," says Press. "They've got everything from wings to luxury jewelry."

Find all the fresh produce at Giant Eagle Market District near New Albany.
Find all the fresh produce at Giant Eagle Market District near New Albany.
Located 15 minutes from New Albany, Easton is the largest shopping area in Columbus, Ohio.
Located 15 minutes from New Albany, Easton is the largest shopping area in Columbus, Ohio.
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Direct access to Columbus

State Route 161 and U.S. Route 62 intersect in New Albany, offering direct access to Columbus, 15 miles southwest. Central Ohio Transit Author provides public transportation with stops in the city. The John Glenn Columbus International Airport is just over 10 miles southwest and has around 150 daily flights that travel worldwide. The Ohio State Wexner Medical Center provides round-the-clock Level 1 trauma care in Columbus, generally a half-hour drive.

Important to know

According to FBI statistics, New Albany's per capita violent and property-related crime rates are lower than national and Ohio averages. New Albany has warm, humid summers and cold, icy winters. Its average annual snowfall is 19 inches, lower than the Ohio average.

Phil Keeling
Written By
Phil Keeling
Holly Haarmeyer
Photography Contributed By
Holly Haarmeyer
Christine Tranchina
Video By
Christine Tranchina

Interested in learning more about homes in this area? Reach out to Lisa Halpert, an experienced agent in this area.

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Parks in this Area

New Albany Housing Trends

Housing Trends

Median List Price
$392,450
Median Sale Price
$380,000
Median Single Family Sale Price
$567,500
Median 2 Bedroom Sale Price
$300,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
183
Median Home Sale Price YoY Change
12%
Average Price Per Sq Ft
$228

Area Facts

Number of Homes
2,686
Number of Homes for Sale
25
Median Year Built
2003
Months of Supply
1.60
Average Single Family Home Size Sq Ft
2,750
Significantly above the national average
1,929
Average 2 Bedroom Size Sq Ft
1,452
Average 1 Bedroom Size Sq Ft
958
Median Lot Size Sq Ft
8,276

Open Houses

  • Friday, Nov 7
    Open Fri 12PM - 5PM

    7301 Wood Edge Ln, New Albany, OH 43054

    $2,138,014

    • 6 Beds
    • 5.5 Baths
    • 6,367 Sq Ft
    • 7301 Wood Edge Ln

    Fantastic new home under construction in Woodhaven, drywall/trim almost completed, cabinets in, tile being finished. Progress pictures 10/28. Other images included are for the same plan and inspiration of builders model in Dublin, which can be scheduled for showings to see in person. This neighborhood is located across the street from two amazing active parks and the future New Albany Field House

    Mark Neff New Albany Realty, LTD

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in New Albany

Property Mix - Square Feet

New Albany Has More Owners

Demographics

Total Population
10,643
Median Age
41
Population under 18
29.7%
Above the national average
23.8%
Population over 65
13.1%
Below the national average
19.1%

Finances

Median Household Income
$203,991
Significantly above the national average
$71,702
Average Household Income
$211,144

Education and Workforce

High School Graduates
98%
College Graduates
75.2%
Significantly above the national average
34.1%
Advanced Degrees
28.8%
Above the national average
13.3%
% Population in Labor Force
77.7%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
22°F
Average Summer High Temperature
85°F
Annual Snowfall
19''

Area Factors

Bikeable

Bike Score®®

53 / 100

Car-Dependent

Walk Score®®

34 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
New Albany
Lisa Halpert
Home Central Realty
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