New Albany, MS Real Estate

According to census data in the year 2000 there were 3,317 housing units in New Albany. This represents a 15.4% growth from 2,874 in 1990.

Of those housing units, 2,626 were located in either urbanized areas or urban clusters, and 691 were located in what is classified as a rural area.

Homeownership rate in New Albany is about 61.5%. New Albany's vacancy rate, including seasonal lodging, is about 8.8%. Average household size is 2.41 people.

The majority of houses, apartments or condos in New Albany were built after 1972.


Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom5.80%
Two Bedrooms31.80%
Three Bedrooms50.30%
Four Bedrooms8.20%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1972
Median Value of occupied units$70,500
Median Price asked for vacant units$32,100

Rented Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1972
Median Monthly Rent asked for vacant units$335

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3%
Home Equity Loan2.20%
Simple Mortgage52.70%
Debt Free42%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%