Midtown Albany, New Albany, IN
Midtown Albany — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Midtown Albany, New Albany, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Midtown Albany Neighborhood Overview
Midtown Albany is a residential neighborhood in New Albany, Indiana, offering a classic suburban feel within the larger city. Centered around ZIP code 47150, it provides a balanced community atmosphere. The area is characterized by its quiet streets and established homes, appealing to a range of residents.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and neighborhood convenience. The area provides easy access to everyday shopping and dining options along nearby thoroughfares. Its location within New Albany means larger retail centers and services are just a short drive away.
Real Estate Market
The Midtown Albany real estate market features affordable homeownership with a median home value of $178,000. The median rent is $941 per month, and homes spend an average of 123 days on the market. With a homeownership rate of 64% and a price per square foot around $148.72, the market offers value for buyers.
Schools & Education
Midtown Albany is served by the New Albany-Floyd County Consolidated School Corporation. The district is known for its commitment to academic programs and student development. Families in the neighborhood have access to the public school system's resources.
Transportation & Connectivity
The neighborhood is well-connected via major roads like State Street and Charlestown Road. This provides straightforward access to downtown New Albany, the Ohio River bridges, and Interstate 265. Commuters find convenient routes to employment centers in both Southern Indiana and Louisville, Kentucky.
Why Choose Midtown Albany
Midtown Albany is an ideal choice for those seeking an affordable, stable community with a median household income of $61,558. It offers the perks of suburban living with the amenities of a larger city close by. The neighborhood represents a practical and welcoming entry point to homeownership in the New Albany area.
Midtown Albany 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 Midtown Albany, New Albany
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Midtown Albany, New Albany, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
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 2026-10-13