New Albany

The real estate market in this Franklin County community reflects its status as one of Ohio's most affluent areas. With a population of 10,524 and a median household income of $232,524, the area commands premium property values, evident in the median home price of $4,487,500 and price per square foot of $1,338. Currently, only 2 active listings are available, indicating tight inventory in this exclusive market. The average home spans 3,353 square feet, catering to buyers seeking substantial living space. An impressive 89.2% owner-occupied rate demonstrates strong residential stability and homeowner commitment to the community. Properties are served by the New Albany-Plain Local School District, which contributes to the area's desirability among families. The limited inventory combined with the high median income of residents suggests a competitive market environment where quality properties move quickly when they become available.

Market description generated from current MLS and U.S. Census data.