New London Real Estate Market

New London Market

The median sale price for homes in New London over the last 12 months is $117,000.


The median mortgage debt is $106,441.

Additional Statistics for Single Family Homes and Condos in New London, CT
$169,360
Median Listing Price
104
Median Days on Market
129
Active Listings
11.6%
Distressed Listings
(foreclosures and short sales)
New London, CT Price Trends - Sold vs. Listed
The median list price in May for single family homes in New London is $179,900. The list prices dropped by -4.68% from the previous month.

The price per square foot for listings in this area is $122.

The median sale price in December for single family homes is $139,000. The sale prices increased by 15.88% from the previous month.

Chart Temporarily Unavailable
New London, CT Market Inventory Trends

The number of active listings in New London increased by 18.8% from the previous month.

The median number of days active properties have been listed is 75. This is significantly shorter than the national average.

Chart Temporarily Unavailable
New London, CT Property Ownership

The percent of owner occupied properties in New London is 25.96% below the national average.

The percent of rental properties in New London is 30.54% above the national average which is typical for urban areas.

Chart Temporarily Unavailable

Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.