Housing & affordability in New Albany

ACS 2020–24 · four inputs · 18% of the overall score

D−

39/100
13th of 14

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The four inputs

Median home value vs metro$180,500

Louisville/Jefferson County $248,70040% · scores 33

Median rent vs metro$1,026/mo

Louisville/Jefferson County $1,116/mo30% · scores 44

Ownership rate55%

Louisville/Jefferson County 69%15% · scores 37

Households spending >30% of income on housing31%

Louisville/Jefferson County 27%15% · scores 46

Context, not scored

Median year built · Louisville/Jefferson County 19781965

Houses rather than flats · Louisville/Jefferson County 73%65%

Households with children · Louisville/Jefferson County 29%25%

Neither direction is better here, so none of it moves the grade. It is on the page because it changes what a place is like to live in.

Vertical rule marks the Louisville/Jefferson County reference. ACS 2020–24. Every scale is on the methodology page.

Best Louisville/Jefferson County suburbs for housing

All 14 ranked, New Albany highlighted

1Mount WashingtonC$268,200 2La GrangeC$283,200 3St. MatthewsC$338,000 4JeffersontownC$250,700 5SellersburgC$231,500 6JeffersonvilleC−$216,800 7ShelbyvilleD+$257,100 8ShepherdsvilleD+$222,100 9Louisville/Jefferson County metro government (balance)D+$233,900 10LyndonD$276,800 11ClarksvilleD−$179,700 12BardstownD−$203,500 13New AlbanyD−$180,500 14ShivelyF$154,700

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Better than New Albany on housing & affordability

New Albany grades D− on housing & affordability. Six suburbs are within 25 miles and score higher on the same four inputs.

SuburbHousingMedian home valueOwnership rateOverall

Mount Washington24 mi from New AlbanyC$268k86% 56 C− La Grange25 mi from New AlbanyC$283k78% 62 C St. Matthews11 mi from New AlbanyC$338k53% 64 C+ Jeffersontown16 mi from New AlbanyC$251k70% 59 C Sellersburg7 mi from New AlbanyC$232k80% 60 C Jeffersonville7 mi from New AlbanyC−$217k72% 60 C

Median home value: ACS 2020–24 · Ownership rate: ACS 2020–24

Six Louisville/Jefferson County lists

Best Louisville/Jefferson County suburbs for families Most affordable Louisville/Jefferson County suburbs Best Louisville/Jefferson County suburbs for schools Shortest commutes to Downtown Louisville/Jefferson County Most walkable Louisville/Jefferson County suburbs Best Louisville/Jefferson County suburbs for young professionals

Compare New Albany

New Albany vs Clarksville New Albany vs Shively Every Louisville/Jefferson County suburb, side by side

How this works

How we score Louisville/Jefferson County suburbs — every weight and source Twelve guides to moving to Louisville/Jefferson County