The New London housing market is somewhat competitive. The median sale price of a home in New London was $258K last month, up 67.8% since last year. The median sale price per square foot in New London is $188, up 24.1% since last year.
What is the housing market like in New London today?
In October 2024, New London home prices were up 67.8% compared to last year, selling for a median price of $258K. On average, homes in New London sell after 87 days on the market compared to 25 days last year. There were 4 homes sold in October this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$257,500
+67.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
New London, NJ
$257,500
+67.8%
United States
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How hot is the New London housing market?
New London is somewhat competitive. Homes sell in 25.5 days.
0
100
57
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 26 days.
Hot homes
can sell for around list price and go pending in around 8 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on New London housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in New London.
Flood Factor - Major
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
New London has a major risk of flooding. 339 properties in New London are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in New London. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
New London has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. New London is most at risk from hurricanes. 369 properties in New London have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph.