Cedar Bough Place Historic District, New Albany, IN
Cedar Bough Place Historic District — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Cedar Bough Place Historic District, New Albany, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Cedar Bough Place Historic District Neighborhood Overview
The Cedar Bough Place Historic District is a charming, tree-lined neighborhood in New Albany, Indiana, known for its well-preserved historic character. Located just across the Ohio River from Louisville, Kentucky, it offers a quiet residential setting with easy access to urban amenities. The district's architecture and community atmosphere provide a distinct sense of place and history.
Lifestyle & Amenities
Residents enjoy a peaceful, community-oriented lifestyle within this historic district. The neighborhood is conveniently located near downtown New Albany, providing access to local shops, restaurants, and cultural attractions like the Carnegie Center for Art & History. Its proximity to the Ohio River also offers scenic views and recreational opportunities along the waterfront.
Real Estate Market
The real estate market in Cedar Bough Place Historic District features a median home value of $178,000, with a homeownership rate of 64%. Properties, which include historic homes with architectural significance, tend to stay on the market for an average of 123 days. The median monthly rent in the area is $941, offering options for both owners and tenants.
Schools & Education
The neighborhood is served by the New Albany-Floyd County Consolidated School Corporation, which operates several public schools in the area. Families have access to a range of educational options, including elementary, middle, and high schools. The district's commitment to education is a key feature for residents with children.
Transportation & Connectivity
Cedar Bough Place Historic District is highly accessible, with major routes like State Street and Spring Street providing quick connections. The neighborhood is only a short drive from the Interstate 64 and Interstate 265 interchanges, facilitating easy commutes to Louisville and beyond. This connectivity makes it a practical choice for regional workers.
Why Choose Cedar Bough Place Historic District
This district is ideal for those seeking historic charm, a strong community feel, and a convenient location near a major metropolitan area. With a median household income of $61,558, it represents an affordable entry point into a preserved historic neighborhood. It successfully blends quiet, tree-shaded streets with the practical benefits of nearby urban centers.
Cedar Bough Place Historic District Market Data
| Metric | Value |
|---|---|
| Median Home Price | $178K |
| Median Gross Rent | $941/mo |
| Median Household Income | $62K |
| Homeownership Rate | 64.0% |
| Renter-Occupied | 36.0% |
| Rental Vacancy Rate | 9.4% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 47150 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Cedar Bough Place Historic District, New Albany
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Cedar Bough Place Historic District, New Albany, IN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12