Is New Albany, OH 43054 a buyer’s or seller’s market?
New Albany is a seller’s market. With about 1.7 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 62% of U.S. ZIP codes, and #251 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The New Albany housing market right now
In the three months ending August 31, 2026, 20% of homes in New Albany, OH 43054 sold above their list price, the typical home went under contract in 39 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 153 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (20% then), homes sold faster (46 days then) and the median sale price rose 9% to $599,740. Overall, New Albany is about as competitive as it was a year ago.
Within Franklin County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in 82%. On our competition score, New Albany ranks #251 of 489 OH ZIP codes with enough sales (score 60 out of 100).
Nearby, buyers who want less competition could look at Columbus 43218 (0% sold over asking) or Columbus 43217 (0% sold over asking), while Brice 43109 (50% sold over asking) and Columbus 43214 (50% sold over asking) are even more competitive.
Run the numbers for 43054
Nearby markets
Blacklick 43004Seller’s market $195 /sq ftBrice 43109 $109 /sq ftColumbus 43085Seller’s market $227 /sq ftColumbus 43201Seller’s market $272 /sq ft Browse all markets →Towns like New Albany nearby
Find towns like New Albany in other states →Where New Albany is
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Questions about New Albany real estate
Is New Albany a buyer’s or seller’s market?
A seller’s market: there were 1.7 months of supply in New Albany, OH 43054 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in New Albany?
The typical home went under contract in 39 days in the latest three months.
Do homes in New Albany sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in New Albany?
About 1.47% of a home’s value a year in Franklin County, or roughly $5,880 on a $400,000 home.
What is the median home price in New Albany?
The median sale price was $599,740 in the three months ending August 31, 2026, about $234 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology