New Albany

New Albany

Located in Franklin County

$527,032 Average Value
$250 Average Price per Sq Ft
39 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 Nick Vlasidis, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

New Albany Housing Trends

Housing Trends

Median List Price
$648,500
Median Sale Price
$625,000
Median Single Family Sale Price
$725,000
Median 2 Bedroom Sale Price
$301,700
Median Change From 1st List Price
1%
Last 12 months Home Sales
319
Median Home Sale Price YoY Change
-$2
Average Price Per Sq Ft
$250

Neighborhood Facts

Number of Homes for Sale
39
Months of Supply
1.50

Open Houses

  • Sunday, Jun 15
    1 - 3pm

    7177 Alma Terrace Dr, New Albany, OH 43054

    $404,900

    • 3 Beds
    • 2.5 Baths
    • 2,429 Sq Ft
    • 7177 Alma Terrace Dr
    • New 15 hours ago

    Columbus taxes with New Albany amenities this one has it all! Step inside and fall in love with the perfect blend of function and style. The first floor boasts a formal dining room for special gatherings, a stunning home office with a full wall of built-ins, and a bright, open kitchen featuring granite countertops, stainless steel appliances, and tons of cabinet space. The cozy living room with a

    Tiffany Hall e-Merge Real Estate Excellence

  • Sunday, Jun 15
    1 - 3pm

    5834 Aristides Way Unit 10, New Albany, OH 43054

    $329,000

    • 2 Beds
    • 2.5 Baths
    • 1,669 Sq Ft
    • 5834 Aristides Way
    • Unit 10
    • New 3 days ago

    Welcome home to this stunning end-unit condo in the highly sought-after New Albany Park community! Offering breathtaking views of serene wetlands and a tranquil pond, this home provides a perfect blend of nature and modern comfort. Step inside to find thoughtfully updated interiors filled with natural light. The dramatic two-story sitting room creates an airy, inviting atmosphere, while the

    Tana Lantry Ohio Broker Direct, LLC

  • Sunday, Jun 15
    1 - 3pm

    1229 Whispering Meadow Ct, New Albany, OH 43054

    $749,900

    • 4 Beds
    • 2.5 Baths
    • 3,628 Sq Ft
    • 1229 Whispering Meadow Ct
    • New 3 days ago

    Welcome to this bright and beautiful 4-bedroom, 2.5-bath home in the popular Harrison Pond neighborhood of New Albany. Located on a peaceful cul-de-sac, this home has plenty of space with over 3,600 square feet and a large backyard. This home features a spacious kitchen and living room with vaulted ceilings, a dedicated home office, and a heated four-season porch—perfect for year-round enjoyment.

    Don Payne Vision Realty, Inc.

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

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''
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